Krispy Kreme shares take dunking
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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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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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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. 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. reported Thursday that second-quarter profits fell by more than 50 percent, widely missing Wall Street estimates.
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Investors are finally figuring out that Krispy Kreme Doughnuts' shares are just like its doughnuts: Get 'em while they're hot because they can go stale in a hurry.
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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, which wowed Wall Street with a hot old-economy growth story when it went public, has lost more than two-thirds of its value since it peaked a year ago.
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Struggling doughnut shop chain Krispy Kreme Doughnuts Inc. Monday reported a quarterly net loss due to weaker-than-expected sales and charges for store closings, sending its stock down 18 percent to an all-time low.
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Shares of Krispy Kreme Doughnuts Inc.  KKD.N fell more than 17 percent before the bell on Thursday  after the doughnut chain posted sharply lower quarterly  earnings and signaled that the second half of the year would be  weak.
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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., 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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The world may be eating more doughnuts now that Jon Luther's firm, Dunkin' Brands, has joined the most prominent trend on Wall Street these days: going private.
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Krispy Kreme Doughnuts Inc. KKD.N  said on Thursday a law firm it hired found no intentional  misconduct by the company and its employees concerning an  accounting error in an acquisition in fiscal 2004.
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Tasty results for the burger specialist lead to new highs for its stock.
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US securities regulators have ratcheted up their probe of Krispy Kreme Doughnuts Inc. (KKD.N: Quote, Profile, Research) , looking at how it repurchased some of its doughnut franchises, the company said on Friday.