Subject: Re: Oh what the heck!
From: Lazaro Munoz (laz@panix.com)
Date: Thu May 17 2001 - 15:24:22 EDT
I dont how this got onto the 10-10 reflector but, anyway today right outside of NYSE, KREM were handing out donuts and coffee to all passerby, given they were free, you got them right out of the machine with steam still coming out of them, yum! I also got 3 paper hats the come in handy during cookouts and double as hat measurement guage: it expands to your head size and you can read the hat size on the inside guage. Byebye buy bonds and stocks, laz -- k2laz On Wed, 16 May 2001, Al 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. >
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