Krispy Kreme profits plunge
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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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Struggling doughnut shop chain Krispy  Kreme Doughnuts Inc. KKD.N on Monday reported a quarterly net  loss because of impairment charges and store closing costs.
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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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The deep-discount chain reports lower sales and profits as consumables eat at margins.
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Shares in Krispy Kreme Doughnuts drop by almost 20% after the firm announces a quarterly loss of $3m.
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Krispy Kreme Donut shares sink in the US as it warns it has to restate its financial reports - a move that may wipe $4m from its 2004 profits.
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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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Kroger (KR), the largest US grocer, Tuesday reported a 25% drop in quarterly profit. Even though sales rebounded in Southern California, where Kroger was hit by a strike, Chief Executive
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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 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., dogged by slipping sales and questions about its accounting practices, yesterday said it would restate earnings for 2004 and warned it may default on nearly $91 million in loans.
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The doughnut chain reported sharply lower quarterly  earnings on Thursday that missed Wall Street's expectations as  it tries to overhaul operations after being battered by popular  low-carbohydrate diets. Its shares closed at $15.36 on the New  York Stock Exchange.
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Shares of Krispy Kreme Doughnuts Inc.  KKD.N fell 8.8 percent before the bell on Tuesday after news  wires reported that papers filed in a shareholder lawsuit  accused the company of hiding declining sales for more than a  year before reporting its first quarterly loss.
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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. (KKD.N: Quote, Profile, Research) on Thursday posted sharply lower quarterly earnings, signaled that the second half of the year would be weak and scaled back
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Kroger Co. , the largest U.S. grocer, on Tuesday reported a lower quarterly profit, hurt by debt costs even as sales rebounded in Southern California where it was hit by a strike.
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Krispy Kreme Doughnuts Inc. 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 nearly  15 percent.