KKD weekly
Started by
hiker
, Apr 12 2007 10:09 PM
2 replies to this topic
#2
hiker
-
- TT Member*
-
- 12,118 posts
independent trader
Posted 12 April 2007 - 10:55 PM
4/12 after the market close
• Krispy Kreme Announces Fourth Quarter and Fiscal 2007 Annual Results
PR Newswire (Thu 4:05pm)
#3
Trend-Signals
-
- Traders-Talk User
- 1,136 posts
Member
Posted 12 April 2007 - 11:18 PM
4/12 after the market close
Krispy Kreme Announces Fourth Quarter and Fiscal 2007 Annual Results
PR Newswire (Thu 4:05pm)
It looks like "Double Top" formation, but it looks positive breaking above 11.50 to 14.
I heard that KKD opening stores in Japan?
LOS ANGELES, April 12 (Reuters) - Krispy Kreme Doughnuts Inc.(KKD,Trade) on Thursday reported a loss for the fourth quarter that was narrower than a year ago as costs for closing poorly performing stores fell.
The fourth-quarter net loss was $24.4 million, or 39 cents, per share, compared with a loss of $37.7 million, or 61 cents a share, a year ago, Krispy Kreme said in a regulatory filing.
Revenue dropped to $112.2 million from $122.2 million last year.
The company reported a net loss for the fiscal year ended Jan. 28 of $42.2 million, or 68 cents per share, compared with a net loss of $135.8 million, or $2.20 per share, a year ago.
Krispy Kreme operates about 400 doughnut shops worldwide. The company has closed dozens of shops in recent years as it struggled with falling sales and the bankruptcy of several franchisees.
