Krispy Kreme narrows loss, but warns of challenges ahead

WINSTON-SALEM N.C. Krispy Kreme Doughnuts Inc. reported a narrower loss for its fiscal 2009 second quarter, but the company said revenue dropped on slow sales and fewer units in operation.

For the quarter ended Aug. 3, the operator or franchisor of 494 doughnut shops recorded a net loss of $1.9 million, or 3 cents per share, versus a year-ago net loss of $27.0 million, or 42 cents a share. The year-ago quarter included impairment and lease termination charges of

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