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1 pt

Krispy Kreme Turnaround Gaining Traction

 Jul 18, 2008 09:08 AM UTC
Return Risk
-0.19% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
KKD Positive 07/18/08 -60.57% --

Graphic_arrow1 Via Long Investment Ideas from Seeking Alpha:  

Krispy Kreme (KKD) seems to be headed in the right direction as evident by its first quarter results. The company made money for the first time in years, and impressively, they did it despite a 6% drop in revenues. KKD reported first quarter fiscal 2009 earnings of .06 on revenues of $104 million, versus a loss of .12 on revenues of $111 million in the first quarter of 2008.

 




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