WINSTON-SALEM N.C. Krispy Kreme Doughnuts Inc. said increased food and equipment costs coupled with an 8.7-percent drop in revenue led to a widened net loss for the company’s fiscal third quarter. For the quarter ended Nov. 2, Krispy Kreme lost $5.9 million, or 9 cents per share, compared with a net loss of $798,000, or 1 cent per share, in the same quarter a year ago.Revenue for the parent to the 509-unit doughnut chain, based here, fell to $94.3 million, from $103.4 million a year ...
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Contact: Desiree Torres Desiree.Torres@penton.com