Unroll dough; cut into 3 equal pieces. Shape each portion into a rope. Place ropes on a baking sheet coated with cooking spray; (do not stretch). Braid ropes; pinch loose ends to seal. Combine honey, water, and ginger, stirring well. Brush braided dough with half of honey mixture.
Bake braid at 350° for 20 minutes. Remove from oven; brush with remaining honey mixture. Sprinkle with almonds. Bake 10 additional minutes or until loaf sounds hollow when tapped. Remove from baking sheet immediately. Serve warm.