Krispy Kreme Doughnuts Inc  (KKD) Trade Now »     Rate KKD  -  Discuss KKD  -  Add to Watch List        

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.

Hello Friends! Thanks so much for stopping by and visiting my blog, Stock Picks Bob's Advice ! As always, please remember that I am an amateur investor, so please remember to consult with your professional investment advisers prior to making any investment decisions based on information on this website. Seeing as I didn't have any stocks to review in my "Weekend Review", it seemed reasonable to take another 'long-term view' on this blog.

The last we left Krispy Kreme(kkd) several months ago, its shares had been goosed after Prudential's Howard Penney recommended the stock with an advanced price target even though the company hadn't filed numbers with the SEC in well over a year. Those numbers have since been filed and its stock is close to making a complete round-trip to where it was before the hypey runup.