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November 24, 2009

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Doughnut seller’s stock rises

Thursday, March 8, 2001 | 11:25 a.m.

WINSTON-SALEM, N.C. -- Fourth-quarter net income at Krispy Kreme Doughnuts Inc. more than tripled, sending shares up more than 5 percent.

For the three months ended Jan. 31, Krispy Kreme earned $4.2 million, or 30 cents per share, compared with $1.2 million or 11 cents per share in the year ago period, the doughnut company said today.

Analysts surveyed by First Call/Thomson Financial were expecting 25 cents per share.

The per-share numbers don't take into account a 2-for-1 stock split.

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