Krispy Kreme cooks up first-quarter profit

Krispy Kreme doughnuts yesterday announced a profit of $10.7m (£6.8m) for the first three months of 2015. Revenue was $132.5m, missing projections of $136m. US same-store sales rose 2.3 per cent. Shares in the firm closed up 0.69 per cent at $17.40, with shares in New York rising by as much as five per cent in after hours trading.