Earnings Not So Sweet for Krispy Kreme
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Krispy Kreme Doughnuts Inc. KKD.N 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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Carb-conscious Americans continued to flatten Krispy Kreme Doughnuts, as the onetime Wall Street darling yesterday posted a loss of $3 million in the third quarter.
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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.  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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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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Sales were lower than expected, and the quality of earnings is in question.
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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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Krispy Kreme Doughnuts Inc. (KKD.N) 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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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 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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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 operator  Krispy Kreme Doughnuts Inc. KKD.N said on Monday it will pay  its new chief executive, Stephen Cooper, the standard hourly  rate of $760 charged by his financial consulting group.
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CKE Restaurants Inc. (CKR.N: Quote, Profile, Research) , a fast-food chain operator, on Monday posted a smaller-than-expected earnings before charges, hurt by weaker
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Some shoddy reports trickling in Thursday night threw a wrench into an otherwise uneventful second-quarter earnings season for retailers. At least one analyst thinks its a harbinger, as consumers get cautious about spending money on anything that isn&#39;t ...
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Sales rise, but earnings and margins are on the fritz.
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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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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