WINSTON-SALEM N.C. Krispy Kreme Doughnuts Inc. posted net income of $4 million for the first quarter ended May 4 as the chain continued to shift its operations overseas. The profit of 6 cents per share compares with a loss of $7.4 million, or 12 cents a share, for the year-ago quarter, when the doughnut company took a charge of $9.6 million for debt refinancing. Revenues for the quarter were $103.6 million, a decline of 6.6 percent from the comparable quarter of the prior fiscal year. ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?
Contact: Desiree Torres Desiree.Torres@penton.com