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THIS AFTERNOON.
DENNIS: I THOUGHT WOULD CAUSE A PLANE CRASH.
CHERYL: COULD GREEN SHARES OF MULTIPLE BIT? LOOKING TO TURN THINGS IN AMBITIOUS GROWTH PLANS AND NOW LOOKING OVERSEAS.
BIG NEWS ON CRISPY CREAM OPENING THEIR FIRST EIGHT AN OUTLET IN TAIWAN AND WATCHING THE FIRST SHOT IN INDIA OVER THE WEEKEND, PART OF A GLOBAL SUGAR RUSH.
THE PRESIDENT AND CEO JOINS ME FROM WINSTON-SALEM.
LET'S TALK ABOUT STOCKS ON A TEAR, UP 100%, AND NOW YOU ARE MAKING THE MOVE.
WHAT KIND OF FORECASTS, AND WILL INSTALL THE DOMESTIC ISSUES FOR YOU? >> THE GOOD NEWS IS WE ARE MAKING GROWTH STRIDES DOMESTICALLY AS WELL BUT INTERNATIONALLY WE HAVE 550 STORES NOW AND LOOKED UP 900.
AND WE HAVE 350 PRETTY WELL COMMITTED TO THE OPENING TODAY.
24 COUNTRIES.
AND REAL EXCITED ABOUT THAT.
THE GROWTH IN THE UNITED STATES, 1/2% OR SO.
SAME-STORE SALES ARE STRONG, CAN'T ARGUE WITH THAT BUT THE U.S.
CUSTOMERS MAY BE GONE ALL LITTLE MORE TOWARDS NAMES LIKE DUNCAN OR TIM HORTON FOR EXAMPLE.
>> SAME-STORE SALES LAST FOUR QUARTERS ALMOST THE INDUSTRY STANDARD.
I BLENDED THE RECENT QUARTER WITH 8% AND HAD 20 CONSECUTIVE QUARTERS OF IN STORE SALES AND RECENTLY ANNOUNCED SEVERAL FRANCHISEES' FOR THE FIRST TIME IN EIGHT OR TEN YEARS BUT WE SEE GREAT THINGS IN THE U.S.
AND ARE EXCITED ABOUT THAT AS WE ARE INTERNATIONAL.
YOU MENTIONED NEW FRANCHISES IN DALLAS, HOUSTON, ALASKA.
AND SOME ROOM TO GROW AND MAKE A BIGGER MOVE.
>> A GREAT QUESTION.
WE HAVE NOT DONE THAT AT THIS POINT IN TIME.
AND THE CRISPY CREAM DOUGHNUTS HAVE BEEN WELL RECEIVED.
AND WE WANT TO BE SURE WE MEASURED DOING THAT AND DON'T GET AHEAD OF OURSELVES.
CHERYL: THE ANALYSTS ALWAYS HAVE SOMETHING TO SAY BESIDES WORRIES -- EARLIER THIS MONTH POINT OUT CONCERNS ABOUT THE GUIDANCE.
THE 2015 GUIDE IS WHAT DO YOU SAY TO ANALYSTS WHEN THEY PICK ON YOU? >> WE GOT PICKED ON THE LAST COUPLE WEEKS, CAME OUT OF THE INDUSTRY.
WHEN YOU GIVE GUIDANCE, THE MID RANGE OF THE REST OF THIS YEAR TO THE MID RANGE OF NEXT YEAR, PLUS NUMBER, WE GET PICKED ON FOR THAT.
THAT BLEW ME AWAY A LITTLE BIT.
WE KEEP ON PERFORMING AND WHAT THE ANALYSTS BE WHAT THEY ARE.
CHERYL: TO BE FAIR TO OUR VIEWERS YOUR STOCK IS UP 100%, DUNCAN IS UP 45%, STARBUCKS THE OTHER COMPETITIVE.
AND THE INTERNATIONAL EXPANSION ONE OFFTHE THINGS THESE OTHER COMPANIES, FOOD COMPANIES HAVE DONE WHEN THEY GO OVERSEAS IS FIND THE COST STRUCTURE IS A CHALLENGE.
THE SUGAR YOU HAVE TO BUY IN INDIA OR TIE WANT THE PRICE OF COFFEE IN AFRICA, DO YOU FIND THERE IS A DISPARITY BETWEEN INGREDIENTS TO MAKE DOUGHNUTS OVERSEAS AND DO YOU WORRY ABOUT THE TASTE OF THE DOUGHNUTS BEING DIFFERENT IN INDIA OR TIE ONE THAN THE U.S.? >> GREAT QUESTIONS.
THE COST CHALLENGES, COMMODITIES IN DIFFERENT COUNTRIES BUT WE HAVE BEEN ABLE TO OVERCOME THOSE.
IT IS NOT JUST THE PRICE, BUT THE QUALITY OF THE SUGAR OR THE OTHER COMMODITIES.
THE PROPRIETARY DOUGHNUT PORTION, WE SHIP THAT OFF IN ONE PLACE IN WINSTON-SALEM, N.C..
WE KNOW THE CONSISTENCY IS GOING TO BE THERE AND HAVE STRONG QUALITY-CONTROL.
YOU HAVE SOME HEDGING GOING ON, CONTRACTS IN PLACE.
THERE IS A LOT OF INTERNATIONAL COMPANIES LOOKING TO TAKE THEIR BRANCH FURTHER.
IT WAS GOOD TO SEE YOU.
A HECK OF A RIDE FOR THE COMPANY.
THANK YOU.
>> WE HAVE BEEN FORTUNATE.
ALWAYS GREAT TO TALK TO YOU.
CHERYL: I WANT TO LET YOU KNOW CONTINUING OUR DONE AND COFFEE FAME WE DO THIS NEXT WEEK, NIGEL TRAVIS WILL BE IN STUDIO.
AND STARBUCKS PRESIDENT WILL BE HERE.
AND THE FRIED A MEDIA MINUTE,
Source: http://video.foxbusiness.com/v/2928799712001/krispy-kreme-ceo-talks-donuts-business/