Krispy Kreme: Expectations Were Too High For The Third Quarter
Posted on December 11th, by Mitchell Warren in Free Articles, Options Risk Management, Trade Ideas. Comments Off on Krispy Kreme: Expectations Were Too High For The Third Quarter
Krispy Kreme: Expectations Were Too High For The Third Quarter
My article on Krispy Kreme Doughnuts (KKD) for Seeking Alpha
Shares of Krispy Kreme Doughnuts (NYSE:KKD) have had a rocky 2014 and at one point were down over 23% year to date in August, but have rallied back to positive territory just prior to the third quarter earnings report. In Q3, they earned $0.18 per share vs. the Wall Street consensus estimate of $0.18 per share (12.5% year-over-year increase) and revenue of $122.90M vs. the $124.33M estimate (7.6% year-over-year growth)…Click here to read the rest of the article.
