Before the Bell- Krispy Kreme shares drop
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Shares of Krispy Kreme Doughnuts Inc. (KKD.N: Quote, Profile, Research) fell more than 17 percent before the bell on Thursday after the doughnut chain posted sharply lower quarterly
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Krispy Kreme Doughnuts said second-quarter net income fell 55 percent to $5.8 million, the latest reported setback for the one-time Wall Street darling.
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Krispy Kreme Doughnuts, reeling from what it called accounting errors, said that it would reduce its reported profit for last year.
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Krispy Kreme Doughnuts Inc., the No. 2 US doughnut maker, said second-quarter earnings fell 56 percent, hurt by higher costs. Shares fell 19 percent after the company missed analysts
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NEW YORK (CBS.MW) -- Krispy Kreme Doughnuts Inc. shares dropped as much as 8 percent Friday after the company said US securities regulators were turning their probe of the company&#39;s accounting practices into a formal investigation.
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Krispy Kreme Doughnuts Inc.  KKD.N  said on Monday that its chief operating officer is leaving the  company for another job, the latest setback for a company that  is trying to recover from sluggish sales and an accounting  probe.
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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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Investors are finally figuring out that Krispy Kreme Doughnuts' shares are just like its doughnuts: Get 'em while they're hot because they can go stale in a hurry.
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Krispy Kreme Doughnuts Inc., an investor favorite whose fortunes have soured in recent months, reported disappointing second-quarter earnings yesterday and saw its stock price drop by 10 percent.
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Krispy Kreme&#39;s reputation crumbled yesterday as the US doughnut maker abandoned its earnings guidance after it reported a sharp drop in quarterly profit.
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Shares of Krispy Kreme Doughnuts Inc. (KKD.N) fell more than 17 percent before the bell on Thursday after the doughnut chain posted sharply lower quarterly earnings and signaled that the second half of the year would be weak.
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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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It was a bad day yesterday for the doughnut maker Krispy Kreme, a Wall Street darling just a year ago. Reporting its third-quarter earnings, the company, based in Winston-Salem, NC, said
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Krisy Kreme Doughnuts will reduce its reported profits for last year, as an investigation by the Securities and Exchange Commission continues.
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U.S. securities regulators have  ratcheted up their probe of Krispy Kreme Doughnuts Inc.  KKD.N, looking at its franchise repurchases, the company said  on Friday, triggering a slide of nearly 12 percent in its stock  before the bell.
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Some of the biggest names on Wall Street have gobbled up shares of Krispy Kreme Doughnuts Inc. (KKD.N: Quote, Profile, Research) , the doughnut store chain
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Krispy Kreme shareholders hope for a break from the badness in this week's earnings report.