WINSTON-SALEM N.C. The Krispy Kreme turnaround has hit a snag. Following the recent bankruptcies of two franchisees, Krispy Kreme Doughnuts Inc. reported Thursday a significantly wider second-quarter net loss versus a year earlier, on a fall in revenue and large impairment charges. The company's net loss for the second quarter of its fiscal 2008 was $27 million, or 42 cents per share, compared with a loss of $4.6 million, or 7 cents per share, in the year-earlier quarter.Revenue for ...
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 the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!