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Stock Market & Financial Investment News

News Breaks
March 4, 2013
07:30 EDTKKDKrispy Kreme awards franchise development rights for Taiwan
Krispy Kreme announced that it has entered into an agreement with Huan Hsin Co., Ltd. for the development of 10 Krispy Kreme franchise locations in Taiwan over the next five years. Huan Hsin Co., Ltd. has been doing business in Taiwan, Malaysia, and China for the past 30 years with a portfolio of businesses in the restaurant sector, food processing and importation, and electronics manufacturing.
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August 25, 2014
06:24 EDTKKDKrispy Kreme comps decelerating but due to new store ramps, says Longbow
Longbow's contacts indicate Krispy Kreme's Q2 same-store sales comps were up 1%-1.5% vs. Q1's 3.5%-4.5% range. The firm said the deceleration is due to new franchised store builds which should result in top and bottom line growth in the coming years. Shares are Buy rated with a $26 price target.

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