Krispy Kreme swings back to first quarterly profit in more than a year

Krispy Kreme swings back to first quarterly profit in more than a year

WINSTON-SALEM N.C. —The sleeping giant of the snack sector, Krispy Kreme Doughnuts, may be waking up from what critics have called a self-inflicted sugar coma spurred on by hyperactive unit growth and alleged corporate shenanigans.

After posting this month its first quarterly profit in more than a year, Krispy Kreme’s latest chief executive said the chain expects to begin building new corporate locations this year

Register to view the full article

Register to view this article

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish