Krispy Kreme Posts Net Loss After Charges
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Struggling doughnut shop chain Krispy Kreme Doughnuts Inc.  on Monday reported an unexpected quarterly net loss because of impairment charges and store closing costs.
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The Securities and Exchange Commission has escalated its investigation of Krispy Kreme to a formal inquiry. The troubled doughnut company made the announcement, but didn&#39;t specify the reasons for the investigation.
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Krispy Kreme Doughnuts Inc. KKD.N  has delayed filing its quarterly financial report with federal  regulators for the second time in a week, citing an ongoing  analysis of its accounting practices, the doughnut shop chain  said late on Wednesday.
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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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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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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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Troubled doughnut maker Krispy Kreme will restate earnings for the last three quarters of fiscal 2004 in the wake of allegations the company padded shipments to hide declining sales over the last two years. Its shares sank nearly 10 percent.
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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 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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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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NEW YORK - Krispy Kreme Doughnuts announced that the US Securities &amp; Exchange Commission notified it yesterday that it is investigating it, without specifying any further details.
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WASHINGTON (CBS.MW) -- Krispy Kreme Doughnuts Inc. (KKD) posted a net loss of $3 million, or 5 cents per share, for the third quarter ended Oct. 31, reversing the retailer&#39;s year-earlier profit of $14.5 million, or 23 cents.
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CHICAGO (CBS.MW) -Krispy Kreme Doughnuts Inc. shares dived more than 16 percent on Monday, leaving investors with a bad taste after the company reported a quarterly loss and pulled forecasts for the rest of the year.
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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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Krispy Kreme Doughnuts Inc. is being investigated by the US Securities and Exchange Commission regarding some accounting practices.
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Stocks to watch: KRISPY KREME DOUGHNUTS INC.
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The company said it expects to post its second quarterly loss in more than 50 years because of a hefty one-time charge.