Stocks to Watch: Krispy Kreme, Campbell’s Soup and More
Some tasty stocks to watch this morning, including Krispy Kreme Doughnuts and Campbell Soup.
Krispy Kreme’s fiscal first-quarter earnings more than doubled as revenue surged at the doughnut chain’s company-owned stores and the company benefited from lower impairment charges and lease termination costs. The results exceeded analysts’ expectations and shares rose 15% to $7.36 in pre-market trading.
Ryanair Monday posted a 23% increase in fiscal year net profit, but warned higher fuel prices will force it to ground twice as many aircraft this winter compared with a year ago. Europe’s largest budget carrier said it remains concerned at the impact of the recession, austerity measures, and falling consumer confidence on fares and therefore expects fiscal year net profit next year to be flat as higher fuel prices eat into increased fares. Shares fell 7.2% to $27.85 in light pre-market trading.
Campbell Soup’s fiscal third-quarter earnings rose a bigger-than-expected 11% as…








