Update 10: Krispy Kreme 2Q Earnings Miss Estimates
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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. (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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Shares of Albertsons fell more than 8 per cent to $23.65 after the number two US supermarket chain missed quarterly earnings expectations and warned full-year profit would be at the low end of estimates.
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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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If investors thought things could only get better for Krispy Kreme Doughnuts (KKD:NYSE - news - research) after its disastrous summer, Monday&#39;s third-quarter debacle proved them wrong.
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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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The computer printer maker said second-quarter earnings missed the companyâs forecast, citing disappointing revenue from inkjet printers and cartridges.
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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. 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 Inc.KKD.N on  Thursday reported a sharp drop in quarterly profit and signaled  that business may not recover anytime soon, sending its shares  down more than 17 percent in pre-market trading.
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- Krispy Kreme Doughnuts Inc  reported a wider second-quarter net loss on higher impairment charges and lease termination costs.
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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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A doubling of earnings, but no jump in stock price?
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Shares of Krispy Kreme Doughnuts Inc., the favorite stock of growth investors after the collapse of the Internet bubble, fell as much as 17 percent after the company reported lower earnings
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Krispy Kreme Doughnuts Inc., which has found itself transformed from Wall Street&#39;s darling into the bane of carbohydrate-conscious consumers, scaled back its expansion plans Thursday after posting fiscal second-quarter profits that fell far short of
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Labor problems and debt retirement contribute to Kroger's second-quarter slip.
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Krispy Kreme Doughnuts Inc. (KKD.N: Quote, Profile, Research) on Monday reported a quarterly loss due to store closings and sluggish sales, sending its stock down 16 percent.