- Krispy Kreme Doughnuts Inc. reported that systemwide sales, which include company-owned and franchise locations, rose 25.9 percent to $213.3 million in the fourth quarter, though it said it had been hoping for a 30 percent increase. It blamed the lower-than-expected sales on the bad winter weather that affected consumer mobility.
The company reported earnings of $11.3 million, up from $8.3 million a year earlier.
- KC's View:
