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Stock Market & Financial Investment News

News Breaks
June 2, 2014
16:07 EDTKKDKrispy Kreme reports Q1 adjusted EPS 23c, consensus 23c
Reports Q1 revenue $121.6M, consensus $126.68M. Reports systemwide domestic same store sales rose 2.3%; constant currency international franchise same store sales declined 2.2%. The company said that severe winter weather adversely affected both on-premises and wholesale sales throughout the company store base in the Southeast, and contributed to a 1.5% decline in same store sales at company shops. Domestic franchisees, however, who were less affected by weather, posted a gain in same store sales of 4.5% on top of an 11.8% rise in the first quarter last year, the company noted.
News For KKD From The Last 14 Days
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September 17, 2014
16:06 EDTKKDKrispy Kreme boosts repurchase program to $105M from $80M
Krispy Kreme Doughnuts announced that its board has increased the company’s current share repurchase program from $80M to $105M. The current authorization was originally approved in July 2013, and was increased from $50M to $80M earlier this year. Including the increase announced today, there is approximately $50M remaining for future purchases under the program.

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