Krispy Kreme

White Castle Valentine's Day promotion enhances quick service experience.

Valentine’s Day promotions abound as operators take advantage of splurging consumers.

Krispy Kreme Doughnuts, Inc. announced today that Douglas R. Muir has been appointed as the company's Chief Accounting Officer.
Krispy Kreme Doughnuts Inc. has forced out six company officers after a special board committee looking into the restaurant chain's accounting practices said they should be "discharged."
Fundraising program hopes to raise money and awareness for Special Olympics.
The doughnut chain plans to reduce its employee count and carry out other restructuring actions.
Executives from Kroll Zolfo Cooper LLC, the company Krispy Kreme newly retained as its financial advisor and management consultant, will replace Scott Livengood in the CEO and president roles.
"Clearly we are disappointed with our third quarter results," said CEO Livengood. "We are focused on addressing the challenges facing the company and regaining our business momentum."
Krispy Kreme Doughnuts was notified yesterday by the Securities and Exchange Commission that it had entered a formal order of investigation concerning the company.
Sutton and Thomas will co-chair a newly formed special committee to investigate the SEC's inquiry into Krispy Kreme's franchise reacquisitions and reduction in earnings guidance.
The change comes in the wake of the company's first earnings loss and the announcement that the Securities and Exchange Commission would conduct an informal inquiry.
In the face of the SEC's "informal inquiry," Krispy Kreme CEO Scott Livengood says he remains confident in his company’s business practices.
Krispy Kreme is introducing a new line of frozen blended beverages. The four flavors include raspberry, latte, and double chocolate, but perhaps the most notable is the Frozen Original Kreme.
On the heels of Krispy Kreme's lowered earnings expectations, a class action lawsuit has been filed against the donut concern and its executives.
For the first time in its four years as a public company, Krispy Kreme has lowered earnings expectations and will divest of its Montana Mills concept.
Krispy Kreme has reported financial results for the fourth quarter and the fiscal year ended February 1, 2004. Net income for fourth quarter fiscal 2004 increased 45.3 percent to $16.4 million
Doughnut-maker sees net income increase 46.8%.
In less than a month, Krispy Kreme will open its first free-standing unit in Massachusetts -- a Dunkin' Donuts stronghold.
Krispy Kreme Doughnuts Inc.'s fourth-quarter systemwide same-store sales rose 11.8% from a year ago.
Krispy Kreme announces that an arbitration panel entered an award against its franchisee in Northern California and the Company in the amount of $7,925,000.
CEO Scott Livengood says the merger with Mills, Inc. is a "natural outgrowth of the development of Krispy Kreme."
EPS Of $0.17 exceeds consensus by $0.01; Systemwide comp store sales up 10.1%.