Krispy Kreme Doughnuts, Inc. Second Quarter Earnings Sneak Peek

Krispy Kreme Doughnuts, Inc. (NYSE:KKD) will unveil its latest earnings on Thursday, August 25, 2011. Krispy Kreme Doughnuts, Inc. and its subsidiaries are engaged in the sale of doughnuts and related items through Company-owned stores.

Krispy Kreme Doughnuts, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 6 cents per share, a rise of twofold from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged and it has not changed during the last month. For the year, analysts are projecting profit of 30 cents per share, a rise of more than twofold from last year.

Past Earnings Performance: The company topped estimates last quarter after missing forecasts the quarter prior. In the first quarter, it reported net income of 13 cents per share against a mean estimate of profit of 9 cents per share. In the fourth quarter of the last fiscal year, it missed forecasts by 5 cents.

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Wall St. Revenue Expectations: On average, analysts predict $92.3 million in revenue this quarter, a rise of 4.9% from the year ago quarter. Analysts are forecasting total revenue of $388.6 million for the year, a rise of 7.3% from last year’s revenue of $362 million.

Analyst Ratings: Analysts are bullish on Krispy Kreme Doughnuts as three analysts rate it as a buy, none rate it as a sell and three rate it as a hold.

Key Stats:

Revenue has risen the past four quarters. Revenue increased 13.6% to $104.6 million in first quarter. The figure rose 5.7% in the fourth quarter of the last fiscal year from the year earlier, climbed 7.9% in the third quarter of the last fiscal year from the year-ago quarter and 6.3% in the second quarter of the last fiscal year.

Competitors to Watch: Retail Food Group Limited (NYSE:RFG), Jamba, Inc. (NASDAQ:JMBA), Peet’s Coffee & Tea, Inc. (NASDAQ:PEET), Starbucks Corporation (NASDAQ:SBUX), Tim Hortons (NYSE:THI), Wendy’s (NYSE:WEN), McDonald’s (NYSE:MCD) and Panera Bread Company (NASDAQ:PNRA).

Stock Price Performance: During July 22, 2011 to August 19, 2011, the stock price had dropped $2.13 (-22.9%) from $9.29 to $7.16. The stock price saw one of its best stretches over the last year between January 28, 2011 and February 8, 2011 when shares rose for eight-straight days, rising 15.6% (+$1) over that span. It saw one of its worst periods between July 22, 2011 and July 29, 2011 when shares fell for six-straight days, falling 11.9% (-$1.11) over that span. Shares are up 18 cents (+2.6%) year to date.

(Source: Xignite Financials)

Investing Insights: Steve Jobs Prepares to Deliver a New Catalyst for Apple’s Stock.