Friday, August 27, 2004

Krispy Kreme Earnings Down

From the AP:

Shares in the doughnut-maker fell more than 10 percent, a slide that began almost immediately after Krispy Kreme announced that it earned $5.7 million, or 9 cents per share, in the three months ending Aug. 1, compared with $13 million, or 21 cents per share, a year earlier.


Might I suggest they are killing off their customer base?

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