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Stock Market & Financial Investment News

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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.
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