Krispy Kreme in new sticky mess
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Shares in Krispy Kreme Doughnuts have plummeted by almost 20% after the firm announced a quarterly loss of $3m due to store closures and poor sales.
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Krispy Kreme Doughnuts Inc. KKD.N on  Thursday reported a sharp drop in quarterly profit and signaled  that business may not recover any time soon, sending its shares  down more than 17 percent in pre-market trading.
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Struggling doughnut chain Krispy  Kreme Doughnuts Inc. KKD.N said on Tuesday it is slashing 25  percent of its staff outside retail outlets and needs to secure  new funding by the end of March.
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Krispy Kreme Doughnuts announced the retirement of Scott Livengood, who has been criticized for his handling of the company's recent financial problems.
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Recent earnings from the donut dominion look stale and crumbly.
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U.S. securities regulators have  ratcheted up their probe of Krispy Kreme Doughnuts Inc.  KKD.N, looking at how it repurchased some of its doughnut  franchises, the company said on Friday.
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Krispy Kreme Doughnuts Inc. KKD.N on  Tuesday said it would restate its fiscal 2004 financial reports  due to accounting errors, which could reduce earnings more than  the company had previously forecast, sending its stock down  more than 16 percent.
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Struggling doughnut shop chain Krispy Kreme Doughnuts Inc. (KKD.N: Quote, Profile, Research) on Monday reported an unexpected quarterly net loss because of impairment charges and store closing costs.
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Krispy Kreme Doughnuts Inc. on Tuesday  said it would restate financial statements for its 2004 fiscal  year due to errors in how it accounted for the repurchase of  franchises, which could reduce earnings more than the company  had previously forecast.
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The Securities and Exchange Commission has opened an investigation into Krispy Kreme, the company announced Friday.
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U.S. securities regulators have  ratcheted up their probe of Krispy Kreme Doughnuts Inc.'s  KKD.N franchise buybacks, the company said on Friday,  triggering a sharp drop in its stock.
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Chief executive officer Scott Livengood was ousted Tuesday as head of Krispy Kreme Doughnuts Inc., the once-trendy chain whose stock price has plummeted amid a federal securities investigation and allegations of padded sales figures. Shares of Krispy Kreme jumped 12 percent.
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Krispy Kreme Doughnuts Inc. (KKD.N) on Thursday posted sharply lower quarterly earnings, signaled that the second half of the year would be weak and scaled back store openings after it was battered by the low-carbohydrate diet craze.
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Krispy Kreme Doughnuts Inc. posted a fiscal third-quarter loss of $3 million on costs to close stores after same-store sales fell for the first time as a public company.
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Krispy Kreme Doughnuts Inc., which has been transformed from Wall Street&#39;s darling into the bane of carb-conscious consumers, scaled back its expansion plans Thursday after posting second-quarter profits that fell far short of expectations.
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Krispy Kreme Doughnuts Inc. chief executive Daryl Brewster has resigned amid a sputtering turnaround effort
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Krispy Kreme Doughnuts Inc. on  Thursday said its quarterly profit tumbled by more than half  and slashed its sales growth outlook for the rest of the year,  wiping 17 percent off the value of its stock.