date:Sep 05, 2013
dont see any factors that have us very alarmed about inflation or our cost of agricultural commodities over the coming next few quarters.
Both Mr. Muir and Mr. Morgan elaborated on Krispy Kremes forward purchasing practices.
Most of our hedging positions tend to be fairly short, Mr. Muir said. We are in futures markets generally, and I think its unusual for us to have futures positions out more than about six months for so. We tend to lay in contracts more or less consistent with our purchasi