Krispy Kreme Doughnuts (KKD) Tops Q1 EPS by 1c

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Krispy Kreme Doughnuts, Inc. Reports Financial Results for the First Quarter of Fiscal 2017

May 31, 2016 5:25 PM EDT

WINSTON-SALEM, N.C.--(BUSINESS WIRE)-- Krispy Kreme Doughnuts, Inc. (NYSE: KKD) (the Company) today reported financial results for the first quarter of fiscal 2017, ended May 1, 2016.

Recent Developments

As previously announced, on May 8, 2016, the Company entered into an Agreement and Plan of Merger (the Merger Agreement) with Cotton Parent, Inc., a Delaware corporation (Cotton), Cotton Merger Sub Inc., a North Carolina corporation and a wholly-owned subsidiary of Cotton (Merger Sub), and JAB Holdings B.V., a private limited liability company incorporated under the laws of the Netherlands (JAB). Cotton and Merger Sub are... More