Bye bye Krispy Kream?

MRock · 02-09-2009

Saw this and thought of you Gonzo:

Krispy Kreme. (KKD; about 4,000 employees; stock down 50%). The donuts might be good, but Krispy Kreme overestimated Americans' appetite - and that's saying something. This chain overexpanded during the donut heyday of the 1990s - taking on a lot of debt - and now requires high volumes to meet expenses and interest payments. The company has cut costs and closed underperforming stores, but still hasn't earned an operating profit in three years. And now that consumers are cutting back on everything, such improvements may fail to offset top-line declines, leading Krispy Kreme to seek some kind of relief from lenders over the next year.

Full article: http://finance.yahoo.com/news/15-Com...-14279875.html

gonzo · 02-09-2009

Quote:

Originally Posted by MRock

Saw this and thought of you Gonzo:

Krispy Kreme. (KKD; about 4,000 employees; stock down 50%). The donuts might be good, but Krispy Kreme overestimated Americans' appetite - and that's saying something. This chain overexpanded during the donut heyday of the 1990s - taking on a lot of debt - and now requires high volumes to meet expenses and interest payments. The company has cut costs and closed underperforming stores, but still hasn't earned an operating profit in three years. And now that consumers are cutting back on everything, such improvements may fail to offset top-line declines, leading Krispy Kreme to seek some kind of relief from lenders over the next year.

Full article: http://finance.yahoo.com/news/15-Com...-14279875.html

Wonder if they are realistic about the stock prices?

EmporerEJ · 02-09-2009

Quote:

Originally Posted by gonzo

Wonder if they are realistic about the stock prices?

I had to get realistic........
Fortunately, I only own 100 shares.

TheEnforcer · 02-09-2009

Oh lord.. one has to hope not. the FFN will not be pleased if they all go away...

gonzo · 02-09-2009

Quote:

Originally Posted by EmporerEJ

I had to get realistic........
Fortunately, I only own 100 shares.

How low is it?

Hell Puppy · 02-09-2009

Quote:

Originally Posted by gonzo

How low is it?

NO dividend.

Not interested.

softball · 02-10-2009

And Tim Hortons continues to prosper. Their marketing is so much better than KK and it seems that in this case, traffic is king.

trishauptown · 02-10-2009

Amen!! Cuz I cant help but eat em....almost as good as pussy!

Toby · 02-10-2009

Quote:

Originally Posted by trishauptown

...almost as good as pussy!

Whoa, I'm not so sure about that. Have you found a donut that will return the favor after being eaten?

02-09-2009	#1
MRock Tossing Chairs and Blacking Out. Join Date: Sep 2007 Location: Tampa, FLA Posts: 340	Bye bye Krispy Kream? Saw this and thought of you Gonzo: Krispy Kreme. (KKD; about 4,000 employees; stock down 50%). The donuts might be good, but Krispy Kreme overestimated Americans' appetite - and that's saying something. This chain overexpanded during the donut heyday of the 1990s - taking on a lot of debt - and now requires high volumes to meet expenses and interest payments. The company has cut costs and closed underperforming stores, but still hasn't earned an operating profit in three years. And now that consumers are cutting back on everything, such improvements may fail to offset top-line declines, leading Krispy Kreme to seek some kind of relief from lenders over the next year. Full article: http://finance.yahoo.com/news/15-Com...-14279875.html __________________ DD Blonde Amateur Horny DD Milf - Strapongurl - Busty Smoker - Pimping My Music

02-09-2009	#4
TheEnforcer Scored VIP to Anton's Piss Tank Want to see your own Advertising Here! Join Date: Oct 2002 Posts: 8,781	Re: Bye bye Krispy Kream? Oh lord.. one has to hope not. the FFN will not be pleased if they all go away...

02-10-2009	#7
softball Members Want to see your own Advertising Here! Join Date: Jul 2005 Posts: 6,165	Re: Bye bye Krispy Kream? And Tim Hortons continues to prosper. Their marketing is so much better than KK and it seems that in this case, traffic is king.

02-10-2009	#8
trishauptown Members Join Date: May 2005 Location: Sinsinnasty Posts: 231	Re: Bye bye Krispy Kream? Amen!! Cuz I cant help but eat em....almost as good as pussy! __________________ Let my tight, tasty gash help you collect cash!!! TrishaUptown.com NOW LIVE at That One Progam