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Krispy Kreme: Q3 Earnings Snapshot

Published Sat, 02 Nov 2024 20:29:25 GMT

CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Krispy Kreme Inc. (DNUT) on Thursday reported a loss of $40.5 million in its third quarter.On a per-share basis, the Charlotte, North Carolina-based company said it had a loss of 24 cents. Earnings, adjusted for pretax expenses and stock option expense, came to 3 cents per share.The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.The doughnut wholesaler and retailer posted revenue of $407.4 million in the period, which also fell short of Street forecasts. Five analysts surveyed by Zacks expected $411.7 million.Krispy Kreme expects full-year earnings in the range of 31 cents to 34 cents per share, with revenue in the range of $1.65 billion to $1.68 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DNUT at htt...

US Foods: Q3 Earnings Snapshot

Published Sat, 02 Nov 2024 20:29:25 GMT

ROSEMONT, Ill. (AP) — ROSEMONT, Ill. (AP) — US Foods Holding Corp. (USFD) on Thursday reported third-quarter profit of $95 million.The Rosemont, Illinois-based company said it had net income of 38 cents per share. Earnings, adjusted for one-time gains and costs, were 70 cents per share.The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share.The company posted revenue of $9.11 billion in the period, missing Street forecasts. Six analysts surveyed by Zacks expected $9.12 billion.US Foods expects full-year earnings in the range of $2.60 to $2.70 per share._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on USFD at https://www.zacks.com/ap/USFDSource

Colorado snow totals for Nov. 8-9

Published Sat, 02 Nov 2024 20:29:25 GMT

DENVER (KDVR) — Another snowstorm has come and gone. While the metro only saw rain or a light dusting, some parts of Colorado saw 9 inches of snow.The Pinpoint Weather team warned about a big change coming on Wednesday. Temperatures dived, dropping nearly 30 degrees.A winter weather advisory was in place along the foothills through Wednesday night, causing slick road conditions for many. 17 years ago, Denver set a heat record on Nov. 8 Light snow was possible for parts of the metro, but many areas merely saw rain. However, areas in the high country and along the Palmer Divide saw several inches of accumulation. How much did it snow?The table below includes preliminary snow totals as reported to the National Weather Service from Nov. 8-9.The table is sorted in alphabetical order by county. This data was taken as of 6 a.m. on Thursday, Nov. 9. CountyLocationMeasured snowBoulder4 ENE Nederland8Clear Creek1 NE Brookvale8.2Clear Creek2 NW Floyd Hill2.5Clear CreekGeorgetown1El Paso2 NNE...

'Bursting at the seams': Influx of migrant students squeezing DPS resources

Published Sat, 02 Nov 2024 20:29:25 GMT

DENVER (KDVR) — The influx of migrants coming to Denver has impacted the city's budget and the existing unhoused population. Now, the Denver Public Schools system is also feeling pressure from a spike in migrant students. FOX31's Carly Moore sat down with the director of the Multilingual Education Department, Adrienne Endres. She said classrooms are overflowing and resources are being squeezed.The goal of the department at DPS is to enroll students in either the bilingual or English as a second language program. Denver food pantries stretched thin helping migrants with rising demand They also have "Newcomer Centers" at all grade levels. The centers are for students who are new to the United States, have a history of interrupted education and have poor literacy in both English and their native language. These centers prepare them for a mainstream classroom setting. Since the start of the school year, DPS has had 2,000 new migrant students, with 500 coming in October alone.The prog...

How common are black widow spiders in Denver?

Published Sat, 02 Nov 2024 20:29:25 GMT

DENVER (KDVR) — Black widows can be found anywhere in the U.S. And yes, that includes Denver. Since it was a humid year, insect populations, like grasshoppers, increased. With insects being a spider's main prey, the black widow population rose, according to Francisco Garcia, an entomologist at the Butterfly Pavilion. These are the most dangerous spiders in Colorado That being said, black widows are lurking around all of Colorado, but they aren't necessarily common to see. This is because the spider is extremely shy."They only prefer to be in places that are completely undisturbed. We don't want to mess with them, and we don't want to interact with them, and they also don't want to interact with humans at all," said Garcia.In cases where people get bitten by a black widow, it's usually because people are working in a space they don't normally go. This could be the corner of an unused closet or the basement of a house. Garcia attributes it to bad luck."Most of the time, a spider wi...

Arrests made following shooting outside Aventura condominium

Published Sat, 02 Nov 2024 20:29:25 GMT

Aventura police have apprehended Kevina Ferguson and Nicholas Singleton in connection to a deadly shooting at a luxury condominium. The suspects, booked into Miami-Dade County Jail Wednesday night, allegedly orchestrated a fatal encounter at the Turnberry on the Green condo on Oct. 31.According to the arrest report, Ferguson and Singleton arranged a meeting with the victim, before the shooting occurred. Following the incident, they reportedly disposed of the suspected murder weapon and the victim’s phone at a nearby park. Both now face charges of first-degree murder.Please check back on WSVN.com and 7News for more details on this developing story.

10 alleged Gambino crime family members, associates charged in federal indictment in New York City

Published Sat, 02 Nov 2024 20:29:25 GMT

NEW YORK (AP) — Ten alleged members and associates of the Gambino crime family were charged in a federal indictment unsealed Wednesday with using violence and extortion to try to dominate New York’s garbage carting and demolition industries, authorities announced.The racketeering indictment accuses the men of crimes such as assaulting a demolition company employee with a hammer and setting fire to the steps of a trash carting business owner’s house.Prosecutors with the U.S. attorney’s office in Brooklyn say the men also embezzled from unions and rigged bids in the demolition and carting industries between 2017 and 2021.Law enforcement agencies including the FBI, the New York Waterfront Commission and the prosecutor in Palermo, Italy, assisted in the multiyear investigation, authorities said.“As alleged, for years, the defendants committed violent extortions, assaults, arson, witness retaliation and other crimes in an attempt to dominate the New York carting and dem...

French court annuls ban of climate movement over ‘eco-terrorism’ claims

Published Sat, 02 Nov 2024 20:29:25 GMT

France’s top administrative court Thursday annulled a government decision to ban a climate activist movement after it repeatedly clashed with the police during protests.Although the climate group “engaged in provocative and violent acts against property,” its disbanding was “not appropriate, necessary and proportionate to the situation,” the French Council of State found, declaring the interior ministry’s order to disband the organization null and void. Interior Minister Gérald Darmanin in June ordered the leaderless climate group Les Soulèvements de la Terre (“Uprisings of the earth”) to be disbanded following violent clashes between campaigners and the police during protests against the construction of large water reservoirs in western France. Darmanin argued that the activists were inciting “eco-terrorism” across the country, and 18 people were arrested.Judges temporarily suspended the government’s disbanding order in August, arguing it res...

5-year-old girl reported missing in Providence found dead after search

Published Sat, 02 Nov 2024 20:29:25 GMT

A 5-year-old girl who was reported missing in Providence late Wednesday night has been found dead, police say.Naomi Thomas was reported missing after she was last seen walking away from her family’s home around 11:15 p.m.Police spent hours overnight searching Roger Williams Park before finding her dead around 4:30 a.m. near the swan boats.No additional information was immediately available.This is a developing news story; stay with 7NEWS on-air and online for the latest details.

US applications for jobless benefits inch down, remain at historically healthy levels

Published Sat, 02 Nov 2024 20:29:25 GMT

Slightly fewer Americans applied for jobless claims last week, further indicating that the labor market remains strong in an era of high interest rates.Applications for unemployment benefits fell by 3,000 to 217,000 for the week ending Nov. 4, the Labor Department reported Thursday.Jobless claim applications are seen as representative of the number of layoffs in a given week.The four-week moving average of claims, a less volatile measure, inched up by 1,500 to 212,250.Overall, 1.83 million people were collecting unemployment benefits the week that ended Oct. 28, about 22,000 more than the previous week and the most since April.Those “continuing claims,” analyst suggest, are rising because many of those who are already unemployed may now be having a harder time finding new work.Still, the American labor market continues to show resiliency in the midst of the Federal Reserve’s campaign to get inflation back down to its 2% target.Though Fed officials opted to leave the benchmark rate a...