Krispy Kreme narrows 4Q loss

WINSTON-SALEM N.C. Citing smaller store layouts and cost-saving technologies, Krispy Kreme Doughnuts Inc. said Thursday its fourth-quarter net loss narrowed significantly from the same quarter a year ago to less than one cent per share.

The company also noted that it had reached an agreement with lenders to remain compliant with its credit facilities and debt obligations. At fiscal year end, the company holds about $39 million in debt.

Krispy

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