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Krispy Kreme narrows 4th-Q loss totaling $24.4M

WINSTON-SALEM N.C. Krispy Kreme Doughnuts Inc. reported Thursday that it narrowed net losses for its fourth quarter and fiscal year ended Jan. 28, versus the same periods a year earlier, on reduced impairment charges, lease termination costs and litigation settlement payouts, but it still reported declining sales throughout its system.

Thursday's report was the first timely filing of financial results in more than two year for the troubled doughnut shop

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