A hard winter definitely is apparent in corporate earnings and economic data. Spring can’t come soon enough.
Krispy Kreme Doughnuts, Inc. (NYSE:KKD) has been fighting to bring its business back from the edge, and it has been relatively successful. The company’s latest earnings results actually came in just below consensus, but its forecast for fiscal 2015 adjusted earnings was three cents above the current average forecast.
Combined with an increase to its share repurchase program, Krispy Kreme’s stock spiked nicely higher. Same-store sales grew 1.6%, and the company said the harsh winter affected some key markets by a full percentage point.
Adjusted net earnings grew to $8.3 million from $6.1 million comparatively. The bottom-line benefitted significantly from credits in income tax expense.
Despite the company’s share price having tripled over the last two years, it is expensively priced, and I don’t think I’d be a buyer.
However, being not as pricey and much larger in terms of stock market capitalization, Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) could be worth a look. The company is the owner and franchiser of “Dunkin’ Donuts” and “Baskin-Robbins.”
This business has actually been a very good stock market performer, and it’s been quite consistent with its capital gains since listing in the middle of 2011.
The company’s stock chart is featured below:
For a company operating two mature brands in a highly competitive market (Dunkin’ Brands is virtually 100% operated by franchisees), this company generated very good fourth-quarter earnings results, and the marketplace has voted by bidding the stock.
According to the company, its fourth-quarter sales grew 13.3% to $183.2 million, representing a significant acceleration from the fiscal year.(...)Click here to continue reading the original ETFDailyNews.com article: Important Stocks To Watch [Dunkin Brands Group Inc, Krispy Kreme Doughnuts]You are viewing an abbreviated republication of ETF Daily News content. You can find full ETF Daily News articles on (www.etfdailynews.com)
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