Krispy Kreme Turnaround Gaining Traction - Mark Krieger

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Krispy Kreme Turnaround Gaining Traction
Jul 18, 2008 09:08 AM UTC

Mark Krieger

Return	Risk
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Symbol	Sentiment	Start	Return	Closed
KKD		07/18/08	-25.05%	--

Via Long Investment Ideas from Seeking Alpha:

Krispy Kreme (KKD) seems to be headed in the right direction as evident by its first quarter results. The company made money for the first time in years, and impressively, they did it despite a 6% drop in revenues. KKD reported first quarter fiscal 2009 earnings of .06 on revenues of $104 million, versus a loss of .12 on revenues of $111 million in the first quarter of 2008.

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