Picking away
I think there is some potential, chart looks good.
My .02
Krispy Kreme narrowed its losses in its just-reported third quarter fiscal 2010, as it lost $2.4 million, or 4 cents a share, compared to $5.9 million, or 9 cents a share in last year's same quarter. Cash from operations was up to $5.8 million, from $1.3 million, this year's quarter over last year's. The narrower loss was squeezed out, despite lowered revenues, from $94.3 million in last year's third quarter to $83.6 million in this quarter. The company reduced its long-term debt to $49 million from $75 million a year ago.
1. They put the cash to the long term dept 49million from 75mill
2. They have opened a few more stores in we hope high profit areas. not crazy 10 stores a week like last time
3. 2.4mil loss with a repayment of dept tells me they are already profitable however they are paying down dept. If this is the case one of these Q's in the not to far future will set some people back in there chairs.
to your point yes a pop in 2010
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