Krispy Kreme Doughnuts, Inc. Reports Financial Results for the Fourth Quarter and Fiscal Year Ended January 31, 2016

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Go back to Krispy Kreme Doughnuts, Inc. Reports Financial Results for the Fourth Quarter and Fiscal Year Ended January 31, 2016

Wedbush Cuts Price Target on Krispy Kreme Doughnuts (KKD) Following Mixed 4Q

March 23, 2016 7:47 AM EDT

Wedbush maintained an Outperform rating on Krispy Kreme Doughnuts (NYSE: KKD), and cut the price target to $21.00 (from $22.00), following the company's 4Q earnings report. EPS of $0.22 was in-line with Wedbush's estimate and $0.01 above consensus. Initial FY17 EPS is targeted at $0.87-0.91, on continued positive SSS... More