SAN FRANCISCO (MarketWatch) — Shares of Krispy Kreme Doughnuts Inc. climbed in the after-hours trading session late Wednesday after the company raised its financial guidance for the current fiscal year.
Williams-Sonoma Inc.'s (WSM) stock also gained after the retailer reported quarterly earnings and revenue that topped market expectations and announced a hike in its dividend. Shares in Magicjack VocalTec Ltd. (CALL) also saw active trading, rallying as the company's results for the quarter beat the market's target.
Krispy Kreme Doughnuts shares (KKD) were up 9.4% in the after-hours trading session.
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For fiscal 2015, the doughnut retailer expects to see adjusted earnings of 73 cents and 79 cents per share. When it announced third-quarter results, it had offered a preliminary 2015 forecast for adjusted earnings per share of between 71 cents and 76 cents.
It reported adjusted earnings of 12 cents a share for its fourth quarter, on revenue of $112.8 million. Analysts expected it report earnings of 13 cents a share and revenue of $118.8 million, according to a consensus survey by FactSet.
Krispy Kreme also said same-store sales rose 1.6% for the quarter, its 21st-consecutive quarterly increase, and the board of directors raised the company share repurchase authorization to $80 million from $50 million.
Williams-Sonoma, meanwhile, said it earned $1.38 for its fourth quarter, on revenue of $1.47 billion. The specialty retailer was expected to report quarterly earnings of $1.35 a share on revenue of $1.4 billion.
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The company, which also lifted its quarterly cash to 33 cents a share from 31 cents, saw its stock climb 6.8% in after-hours trading.
Shares in Magicjack VocalTec surged 25% Wednesday evening. The cloud communications company posted adjusted income of 69 cents a share and revenue of $38.2 million. Analysts were looking for a profit of 40 cents a share and revenue of $35.9 million.
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