Krispy Kreme Has Loss as Revenue Declines
From Bloomberg News
Krispy Kreme Doughnuts Inc. said it had a net loss in the fiscal first quarter as revenue declined 17%.
Sales fell to about $153 million, Winston-Salem, N.C.-based Krispy Kreme said in a preliminary earnings statement in a regulatory filing. Krispy Kreme delayed reporting full results for the quarter because it hasn’t yet restated past earnings.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
