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Krispy Kreme profit rises 26% on sales growth

Same-store sales grow for seven straight years at company locations

Krispy Kreme Doughnuts Inc. said Tuesday that its net income rose 26 percent in the fourth quarter ended Jan. 31, as the chain’s same-store sales continued to grow.

Systemwide same-store sales rose 1.6 percent in the quarter and 3.9 percent for the year. Company same-store sales rose 2.4 percent for the year, the seventh straight year of growth.

The chain's same-store sales didn't meet Wall Street expectations, and the stock was down 6 percent after hours.

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