Krispy Kreme to Restate '04 Results
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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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Shares of Krispy Kreme Doughnuts Inc. fell sharply Monday after it reported a 79 percent plunge in third-quarter earnings. The company also withdrew its sales forecast and said it would
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This morning, Motley Fool Stock Advisor pick Krispy Kreme Doughnuts (NYSE: KKD) announced that second-quarter 2005 net income dropped by 56% from last year despite higher sales.
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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.
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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. reported Thursday that second-quarter profits fell by more than 50 percent, widely missing Wall Street estimates.
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CHARLOTTE, N.C. - Krispy Kreme Doughnuts Inc., which has been transformed from Wall Street'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.  said it  expects to post a net loss in third quarter of fiscal 2007, as  substantial costs associated with legal and regulatory matters  continue to hurt its results.
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RALEIGH, NC - Krispy Kreme said Friday that US stock market regulators have launched a formal investigation into the company, bumping up the status of what was originally an informal 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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Krispy Kreme Doughnuts Inc. KKD.N  said on Thursday a law firm it hired found no intentional  misconduct by the company and its employees concerning an  accounting error in an acquisition in fiscal 2004.
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Troubled doughnut maker Krispy Kreme said Thursday that lawyers have concluded for a second time that no one at the company engaged in intentional misconduct related to the company&#39;s acquisition of a Michigan franchise.
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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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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 replaced its chief executive with a turnaround expert,  sparking a rebound in its shares which had been battered by a  long-running government probe into faulty accounting.
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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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Krispy Kreme Doughnuts Inc. KKD.N  on Monday reported a quarterly loss due to store closings and  sluggish sales, sending its stock down 16 percent.