Revenue up on KK's seasonally weakest quarter - Earnings were great!
Revenue rose to $112.7 million from $102.1 million in the year-ago period. Analysts surveyed by FactSet expected earnings of 16 cents a share on revenue of $111.9 million. Simple as that. What investors like about Krisply Kreme is their honest straightforward management, according to the CC there is another 3 cents eps that was not figured in, management advised the callers to download the 10Q addendum. Great quarter from a very down to earth, unique company with worldwide presence and phenomenal brand recognition. Selloff way overdone this evening, as usual with afterhours trading. GTA
Most companies reporting lower revenue and better profit through attrition. that is worse for me, but KKD has rise in revenue and EPS looks good, but the expenses are up 10%? That can be cut to a profit in one quarter. BUY BUY BUY. Wait until the CEO speaks and then see what happens to stock. Bet you $1,000 investment at open and sell by 10:30 will net me 15%.