Krispy Kreme Doughnuts Reaffirms FY15 Guidance - Quick Facts

(RTTNews) - Krispy Kreme Doughnuts Inc. (KKD) reaffirmed its earnings guidance for fiscal 2015 (ending February 1, 2015) and announced earnings guidance for fiscal 2016 (ending January 31, 2016).

The company said, based on year-to-date results through December and other current information, it is reaffirming forecast of adjusted net income for fiscal 2015 of between $48 million and $51 million, or $0.69 to $0.74 per share. On a GAAP basis, the company projects fiscal 2015 net income of between $28 million and $30 million, or $0.41 to $0.44 per share.

The company expects its fiscal 2016 adjusted net income to be between $55 million and $59 million, or $0.79 to $0.85 per share. On a GAAP basis, the company projects fiscal 2016 net income of between $35 million and $37 million, or $0.50 to $0.54 per share.