VIDEO: Krispy Kreme Sees Gains on Positive Quarterly Results

Krispy Kreme Doughnuts (NYSE:KKD) continuing to hold its own in the fast breakfast and coffee segment. The donut maker posted first quarter 2013 earnings of 12 cents a share, beating analyst expectations of 7 cents. Revenue for the quarter rose 4.3% to $102.1 million, just missing estimates of $104.6 million. The news investors are excited about though is the company’s outlook. Krispy Kreme sees full-year earnings now in the range of 36 to 42 cents. That’s up from their previous forecast and above the average analyst estimate of 32 cents per share. This shows Krispy Kreme is definitely still in the competition when it comes to stores specializing in fast coffee and breakfast.Stock in the company is doing well in today’s trading. Shares are up over a half a percent to $7.37.