KKD Ends With "Uninspiring Performance," BGB Securities reports

Krispy Kreme Doughnuts Inc.

ended the year with an “uninspiring performance,” BGB Securities reports. “Revenues rose 5.7% YoY to $91.7 million, just shy of our $92.1 million estimate,” BGB Securities writes. “Operating income in the quarter, after adjusting for one-time items, was essentially flat with the $2.4 million of the prior-year period, missing our $4.4 million estimate.” Krispy Kreme currently trades at $7.04.