Fresh woes batter Krispy Kreme
Article Abstract:
Krispy Kreme Doughnut Corp. is struggling under pressure of lagging sales growth, investigations into its accounting practices and franchisee acquisitions, and several sharholder lawsuits. As if these concerns weren't enough, the once mighty doughnut chain has said that it will restate its fiscal results for 2004. The restatement is expected to show a cut in previously reported net income by as much as 26% for the fourth quarter.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
Krispy Kreme profit beats forecasts
Article Abstract:
Krispy Kreme Doughnuts Inc. reported higher-than-expected earnings for the fiscal 2000 third-quarter. The company posted $3.8 million (4.5 million euros) in earnings for the period.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
Krispy Kreme's profit plunges 56%
Article Abstract:
Krispy Kreme Doughnuts Inc. reported a 56% drop in second quarter profit. Analysts blame, in part, the current trend toward low-carbohydrate diets.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: European markets continue their strong run. Can Europe's rally fight on? Many old factors dragging down new currency
- Abstracts: Hays shares drop after U.K. firm warns of slowdown in second half. Hanson beats analysts' estimates for last year
- Abstracts: Swiss insurer expands reach across the U.S. Reversal of fortune: Berkshire profit surged in 2000. Berkshire offers $1.92 billion for roofing-maker Manville
- Abstracts: Nibley quits longtime job at Reuters. Carlton surrenders to investors. Reuters picks successor to retiring CEO
- Abstracts: Danish banks see first-half profits jump 26%. Dexia's net profit rose 58% in half on acquisitions. Societe Generale's net falls 20%