Krispy Kreme Shares Fall After Earnings Miss
SAN FRANCISCO – Krispy Kreme Doughnuts Inc. shares declined in the extended session Tuesday after the doughnut chain's quarterly results came in under Wall Street expectations. Shares of Krispy Kreme fell 5% to $19.17 on moderate volume. The company reported adjusted third-quarter earnings of 18 cents a share on revenue of $122.9 million. Analysts surveyed by FactSet expected 19 cents a share on revenue $123.9 million. Krispy Kreme sees adjusted fiscal 2015 earnings of 69 cents to 74 cents a share. Analysts estimate 72 cents a share.
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