Krispy Kreme Doughnuts Inc. (KKD) reported a profit for its second quarter that gained ground from last year.
The company said its bottom line came in at $9.85 million, or $0.15 per share. This was up from $8.98 million, or $0.13 per share, in last year's second quarter.
Analysts had expected the company to earn $0.19 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 5.7% to $127.34 million. This was up from $120.52 million last year.
Krispy Kreme Doughnuts Inc. earnings at a glance:
-Earnings (Q2): $9.85 Mln. vs. $8.98 Mln. last year.
-Earnings Growth (Y-o-Y): 9.7%
-EPS (Q2): $0.15 vs. $0.13 last year.
-EPS Growth (Y-o-Y): 15.4%
-Analysts Estimate: $0.19
-Revenue (Q2): $127.34 Mln vs. $120.52 Mln last year.
-Revenue Change (Y-o-Y): 5.7%
-Guidance:
Full year EPS guidance: $0.76 - $0.80
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