Subject: Re: Oh what the heck!
From: kevin brown (radio48154@yahoo.com)
Date: Thu May 17 2001 - 05:14:40 EDT
NOW THE SECRET IS OUT. HAVE YOU EVER GONE TO A HAM RADIO AND SEEN SO MANY OVER WEIGHT PEOPLE....JUST CHECK OUT N3NOP THIS WEEK AT DAYTON, BOB N3NOP IS AN EXPERT AT EATING THOSE CLUNKERS. ENJOY YOUR KRISPY KREME DONUTS "KB" --- Al <n1api@home.com> wrote: > Hey just once I gotta be a trouble maker before THIS > list shuts down! > > Krispy Kreme Beats Expectations > > Updated: Wed, May 16 11:55 AM EDT > > > By PAUL NOWELL, AP Business > Writer > > CHARLOTTE, N.C. (AP) - Krispy Kreme Doughnuts Inc. > reported a nearly > 89 percent gain in first quarter profits Wednesday, > one day before > the company moves its stock to the New York Stock > Exchange. > > The Winston-Salem, N.C., based company posted > earnings of $5.7 million, > or 20 cents per share, easily beating analyst > estimates. The results > compared with net earnings of $3 million, or 13 > cents per share, in > the year-ago period. > > Analyst estimates ranged from 17 cents to 18 cents, > according to market > research firm Thomson Financial/First Call. > > "Every business segment set new performance > records," said chairman > and chief executive officer Scott Livengood. > > Shares in the doughnut maker jumped $6.79, or 13.7 > percent, to $56.19 > in midday trading on the Nasdaq Stock Market. The > company's stock > will begin trading on the NYSE Thursday under the > new symbol KK. > Livengood was scheduled to ring the opening bell at > the exchange > Thursday to mark the occasion. > > Krispy Kreme opened six new stores during the > quarter to grow to 180 > locations. > > Sales of company-owned and franchised stores > increased 36 percent to > $140 million in the quarter, compared with $103 > million in the same > period a year earlier. > > Sales increased by 19 percent at company stores to > $61 million and 52 > percent at franchised stores to nearly $80 million. > > A comparison of stores open since last year showed > an 11 percent sales > increase overall and a 13 percent rise at > company-owned stores. > > Krispy Kreme increased its projected earnings for > the rest of fiscal > 2002 to 77 cents per share from the previous > estimate of 69 cents. > The company also raised its fiscal 2003 earnings per > share to $1, up > from 86 cents. __________________________________________________ Do You Yahoo!? Yahoo! Auctions - buy the things you want at great prices http://auctions.yahoo.com/
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