Headquartered in Winston-Salem, NC, Krispy Kreme Doughnuts, Inc. (NYSE:KKD) has offered the highest quality doughnuts and great tasting coffee since it was founded in 1937.Krispy Kreme is a leading branded specialty retailer and wholesaler of premium quality sweet treats and complementary products, including its signature Original Glazed® doughnut.
Krispy Kreme yesterday reported financial results for the third quarter of fiscal 2012, ended October 30, 2011. The Company also raised its outlook for fiscal 2012 and provided preliminary guidance for fiscal 2013. Third Quarter Fiscal 2012 Highlights Compared to the Year-Ago Period include the following. Revenues increased 9.4% to $98.7 million from $90.2 million. Company same store sales rose 4.0%, the twelfth consecutive quarterly increase. Operating income rose 36.2% to $5.6 million from $4.1 million. Net income was $4.7 million ($0.07 per share diluted) compared to $2.4 million ($0.03 per share diluted) in the third quarter last year. Cash provided by operating activities was $10.2 million compared to $7.4 million in the third quarter last year.The Company ended the third quarter of fiscal 2012 with a total of 678 Krispy Kreme stores systemwide, a net increase of nine shops during the quarter. As of October 30, 2011, there were 89 Company stores and 589 franchise locations.For more information about Krispy Kreme, please visit
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