Krispy Kreme Doughnuts, Inc. (KKD) reported second-quarter net income of $4.9 million or $0.07 per share, down from $8.8 million or $0.12 per share in the comparable quarter last year.
Excluding items, adjusted net income for the quarter was $8.2 million or $0.12 per share, compared to $4.2 million or $0.06 per share in the year-ago quarter.
On average, 6 analysts polled by Thomson Reuters expected the company to earn $0.05 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues for the latest quarter rose 4.3 percent to $102.1 million from $98.0 million last year. Four analysts expected revenues of $103.74 million for the quarter.
Looking ahead, the company raised its fiscal 2013 adjusted earnings guidance to $0.36-$0.42 per share and GAAP earnings guidance $0.22-$0.25 per share. Previously the company had forecasted adjusted earnings per share to be between $0.35 and $0.41 and GAAP earnings to be between $0.21 and $0.24.
Analysts currently expect the company to earn $0.24 for the fiscal 2013.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.