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Old 10-22-2008   #6
Hell Puppy
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Join Date: Oct 2002
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Default Re: Krispy Kreme suffers a coronary....

Krispy Kreme will Chapter 11 but come out ok. They tried to expand too rapidly and into areas where people dont understand the difference between a doughnut and a small cake with a hole in it.

Then got caught cooking the books and the stock tanked. That puts a debt burden that is going to be probably impossible to get rid of. They need a management change. The brand is still strong especially in the south.

And yeah, it's a luxury item, but here in the south they make a ton selling those things as fund raisers.
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