Key Developments: Krispy Kreme Doughnuts Inc (KKD)
13.09USD
17 May 2013
$0.25 (+1.95%)
$12.84
$12.88
$13.15
$12.88
810,976
1,284,389
$15.33
$5.86
Latest Key Developments (Source: Significant Developments)
NeoMedia Technologies Inc Reaches Agreement With Krispy Kreme Doughnuts Inc With Respect To Patented Mobile Bar Code Technology
NeoMedia Technologies Inc announced that it has reached an agreement with Krispy Kreme Doughnuts Inc with respect to NeoMedia’s patents related to mobile barcode resolution. Full Article
Krispy Kreme Doughnuts Inc Raises FY 2014 Earnings Guidance
Krispy Kreme Doughnuts Inc announced that for fiscal 2014, it expects operating income in the range of $41 million to $44 million, adjusted net income to be in the range of $37 million to $40 million and adjusted EPS to be in the range from $0.53 to $0.57 per share based on a forecasted 70 million diluted shares outstanding. Full Article
Krispy Kreme Doughnuts Inc Raises FY 2013 Earnings Guidance
Krispy Kreme Doughnuts Inc announced that for fiscal 2013, it is raising its outlook for consolidated operating income to between $34 million and $36 million from the previous forecast of between $29 million and $33 million. The Company currently forecasts adjusted earnings per share (EPS) of between $0.44 and $0.47. According to I/B/E/S Estimates, analysts are expecting the Company to report operating profit of $32 million and EPS of $0.43 for fiscal 2013. Full Article
Krispy Kreme Doughnuts Inc Awards Franchise Development Rights For Singapore
Krispy Kreme Doughnuts Inc announced that it has entered into an agreement with Star360 Group for the development of 15 Krispy Kreme franchise locations in Singapore over the next five years. Star360 Group is considered a premier lifestyle leader in Southeast Asia, operating retail outlets in Singapore, Malaysia, Indonesia, Hong Kong, Philippines, Thailand, Taiwan and Japan. Full Article
Krispy Kreme Doughnuts Inc Reaffirms FY 2013 EBIT Guidance; Raises FY 2013 EPS Guidance
Krispy Kreme Doughnuts Inc announced that for fiscal 2013, it expects operating income (EBIT) of between $29 and $33 million and adjusted EPS, which includes income tax expense only the extent currently payable in cash, of between $0.36 and $0.42 and GAAP EPS of between $0.22 and $0.25. The expected range for both adjusted and GAAP EPS is $0.01 per share higher than management's previous guidance. According to I/B/E/S Estimates, analysts are expecting the Company to report EBIT of $31 million and EPS of $0.24 for fiscal 2013. Full Article
Krispy Kreme Doughnuts Inc To Announce Tie-up With Citymax India-Business Standard
Business Standard reported that Krispy Kreme Doughnuts Inc will announce a partnership with hospitality group Citymax India on Wednesday to set up stores in southern and western India. Krispy Kreme, the U.S.-based doughnut and coffee retailer, plans to open 80 stores over the next 5 years, with the first outlet slated to open in Bangalore before the end of this year. Full Article
Krispy Kreme Doughnuts Inc Completes $20 Million Share Repurchase
Krispy Kreme Doughnuts Inc announced that it has completed the repurchase of common shares authorized by its Board of Directors on March 27, 2012. Pursuant to the repurchase authorization, the Company purchased a total of 3,112,928 of its common shares for an aggregate purchase price of $20,000,000, inclusive of commissions, an average price of $6.42 per share. Full Article
Krispy Kreme Doughnuts Inc Receives Franchise Development Rights For South And West Regions Of India
Krispy Kreme Doughnuts Inc announced that it has entered into an agreement with Citymax Hotels Pvt. Ltd. for the development of 80 franchise Krispy Kreme retail shops in the next 5 years across the South and West regions of India. Citymax Hotels Pvt. Ltd. is part of the Dubai-based Landmark Group, one of the respected retailers in India and the Middle East. Full Article
Krispy Kreme Doughnuts Inc Reaffirms FY 2013 Guidance
Krispy Kreme Doughnuts Inc reaffirmed fiscal 2013 guidance and expects operating income (EBIT) in the range of $29 to $33 million and estimates diluted earnings per share (EPS) to be in the range of $0.21 to $0.24. According to I/B/E/S Estimates, analysts are expecting the Company to report EBIT of $33 million for fiscal 2013. Full Article
Krispy Kreme Doughnuts Inc Signs First Development Agreement In India
Krispy Kreme Doughnuts Inc announced that it has signed its first development agreement in India, a regional agreement with new franchisee Bedrock Food Company Pvt., Ltd. Under the new agreement, Bedrock Food Company is expected to open 35 stores over the next five years. The stores will be located in six states in the North region of India, which includes the cities of Delhi, Jaipur and Lucknow. Full Article
BRIEF-Krispy Kreme Doughnuts shares down 4.3 pct after the bell following results
NEW YORK, March 14 - Krispy Kreme Doughnuts Inc : * Shares were down 4.3 percent after the bell following the release of its results.
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