Krispy Kreme Slashing Jobs, Needs Funds
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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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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. KKD.N 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. (KKD.N: Quote, Profile, Research) fell more than 17 percent before the bell on Thursday after the doughnut chain posted sharply lower quarterly
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Krispy Kreme Doughnuts stunned investors on Thursday with disappointing earnings for the second consecutive quarter, sending its shares to their lowest level in more than four years.
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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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Shares of Krispy Kreme Doughnuts Inc. (KKD.N: Quote, Profile, Research) fell 11 percent before the bell on Monday after the struggling doughnut shop chain reported a quarterly net loss
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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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Struggling doughnut shop chain Krispy  Kreme Doughnuts Inc. KKD.N on Monday reported an unexpected  quarterly net loss because of impairment charges and store  closing costs.
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Shares of Krispy Kreme Doughnuts Inc.  KKD.N fell 11 percent before the bell on Monday after the  struggling doughnut shop chain reported a quarterly net loss  because of impairment charges and store closing costs.
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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, and said it may have to  further restate results for 2004 and 2005.
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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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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., the second-largest US doughnut maker, had a fiscal third- quarter loss of $3 million, or 5 cents a share, compared with net income of $14.5 million, or 23 cents, a year earlier.
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Chief executive officer Scott Livengood is out as head of troubled Krispy Kreme Doughnuts Inc., which has been under regulators' scrutiny for its franchise buybacks and earnings outlooks and is facing shareholder lawsuits.
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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