date:Jun 03, 2013
After exceeding first-quarter expectations, Krispy Kreme Doughnuts, Inc. said it is raising its fiscal 2014 outlook for adjusted net income to between $42 million and $45 million from its previous forecast of between $37 million and $40 million.
For the first quarter of fiscal 2014, ended May 5, the company had net income of $7,999,000, equal to 12c earnings per share on the common stock, up from $6,026,000, or 9c per share, during the same quarter a year before.
Revenues for the quarter rose