Shares of Krispy Kreme Doughnuts ( KKD) were among the NYSE's winners Tuesday, climbing 18% after the doughnut maker said it hired ex- Kraft Foods ( KFT) executive Daryl Brewster to be its new CEO. Brewster, who most recently served as president of Kraft's North America snacks and cereals business, will replace Stephen Cooper, who had been serving as Krispy Kreme's interim CEO since January 2005. The appointment of Brewster is effective immediately. "Krispy Kreme has made steady progress in its turnaround and I am confident that it has a solid future of growth and profitability," Brewster said in a press release. Cooper, meanwhile, will remain with Krispy Kreme and serve as chief restructuring officer during a transition period. Krispy Kreme shares were trading up $1.15 to $7.54. Dick's Sporting Goods ( DKS) fell 4% after the sporting goods retailer posted mixed fourth-quarter results. The company earned $54 million, or $1 a share, on sales of $849.5 million. Analysts polled by Thomson First Call expected earnings of 98 cents a share and sales of $856.8 million. During the year-earlier period, the company earned $42.3 million, or 79 cents a share, on sales of $788 million. Looking ahead, Dick's sees first-quarter earnings of 15 cents to 17 cents a share, including stock-based compensation costs of 7 cents a share and store relocation expenses of 4 cents a share. Analysts project first-quarter earnings, including stock-based compensation costs, of 21 cents a share. The company predicts same-store sales growth of 3% to 5% in the period. For the full year, the company expects earnings of $1.77 to $1.81 a share, including stock-based compensation costs of 27 cents a share. Analysts project full-year earnings of $1.81 a share. Shares were trading down $1.64 to $36.98. Shares of Clean Harbors ( CLHB) fell 3% after the hazardous-waste management services company posted better-than-expected fourth-quarter results but offered a disappointing first-quarter sales guidance. For the fourth quarter, the company earned $7.9 million, or 43 cents a share, up from $7.4 million, or 42 cents a share, a year earlier. Sales rose to $193.7 million from $176.2 million. Analysts expected earnings of 31 cents share on sales of $183 million.
Clean Harbors forecast first-quarter sales of $175 million to $180 million. The company sees earnings before interest, taxes, depreciation and amortization of $20 million to $22 million. The single-analyst forecast calls for EBITDA of $22.1 million, while two analysts have an average projection for sales of $181.3 million. Clean Harbors shares were trading down 93 cents to $31.45. Kroger ( KR) rose 2% after the supermarket operator posted fourth-quarter results that were better than expected. The company earned $282.1 million, or 39 cents a share, on sales of $14.72 billion. Analysts expected earnings of 36 cents a share and sales of $14.63 billion. A year earlier, the company recorded a loss of $652.1 million, or 89 cents a share, on sales of $13.7 billion. The year-ago period include one-time charges of $860.8 million, or $1.17 a share. Looking ahead, Kroger sees earnings-per-share growth of 6% to 8% during both 2006 and 2007. Analysts project earnings of $1.28 a share in 2006 and $1.44 a share for 2007. Shares were trading up 37 cents to $20.25. Shares of CKE Restaurants ( CKR) rose 1% after the operator of fast food restaurants posted a 7.3% increase in February same-store sales. Same-store sales increased by 10.2% at the company's Carl's Jr. stores, while same-store sales climbed 4.3% at its Hardee's restaurants. "We are pleased to report positive same-store sales for Carl's Jr. and Hardee's for the third consecutive period," the company said. "We believe both brands' results were driven by successful product promotions." CKE shares were up 11 cents to $16.80. NYSE volume leaders included Texas Instruments ( TXN), down $1.20 to $31.13; Qwest ( Q), down 36 cents to $6.48; Nortel Networks ( NT), down 1 cent to $3.07; Lucent Technologies ( LU), down 2 cents to $2.83; AT&T ( T), down 38 cents to $26.64; LSI Logic ( LSI), up 48 cents to $10.10; and General Electric ( GE), up 11 cents to $33.21. Nasdaq volume leaders included Intel ( INTC), down 20 cents to $20.10; JDSU ( JDSU), down 14 cents to $3.49; Cisco Systems ( CSCO), down 13 cents to $20.92; Avanex ( AVNX), down 34 cents to $2.15; Qualcomm ( QCOM), up 78 cents to $48.02; Sirius Satellite Radio ( SIRI), up 8 cents to $4.99; Genta ( GNTA), down 21 cents to $2.22; Microsoft ( MSFT), up 6 cents to $26.97; and Finisar ( FNSR), down 28 cents to $4.46.