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No wonder you have cavities. Krispy Kreme Profit Climbs 43 Percent.

NEW YORK (Reuters) - Krispy Kreme Doughnuts Inc. (NYSE:KKD - news) on Friday said quarterly earnings rose 43 percent as new store openings propelled sales.

For the fiscal third quarter ended Nov. 2, the Winston-Salem, North Carolina, company said profit rose to $14.5 million, or 23 cents a share, from $10.1 million, or 17 cents a share, a year earlier. The results met analysts' average forecast, as compiled by Reuters Research, a unit of Reuters Group Plc.


Systemwide sales jumped nearly 29 percent to $251.2 million. Company revenue, which includes sales from company stores, franchise fees and some other operations, rose more than 31 percent to $169.6 million.