Fresh woes batter Krispy Kreme

Article Abstract:

Krispy Kreme Doughnut Corp. is struggling under pressure of lagging sales growth, investigations into its accounting practices and franchisee acquisitions, and several sharholder lawsuits. As if these concerns weren't enough, the once mighty doughnut chain has said that it will restate its fiscal results for 2004. The restatement is expected to show a cut in previously reported net income by as much as 26% for the fourth quarter.

Legal issues & crime, Acquisitions & mergers, Financial management, Legal/Government Regulation, Capital funds & cash flow, Company legal issue, Cases, Mergers, acquisitions and divestments, Company acquisition/merger, Accounting and auditing, Company financing

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Krispy Kreme profit beats forecasts

Article Abstract:

Krispy Kreme Doughnuts Inc. reported higher-than-expected earnings for the fiscal 2000 third-quarter. The company posted $3.8 million (4.5 million euros) in earnings for the period.

Retail Bakeries, Retail Bakeries (Mfg & Sales), Bakers and bakeries, Bakeries

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Krispy Kreme's profit plunges 56%

Article Abstract:

Krispy Kreme Doughnuts Inc. reported a 56% drop in second quarter profit. Analysts blame, in part, the current trend toward low-carbohydrate diets.

Company sales and earnings, Company earnings/profit

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