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Krispy Kreme’s meme-stock ride is over. stock is tumbling

Krispy Kreme’s meme-stock ride is over. The stock is tumbling as losses widen.
Shares of Krispy Kreme Inc., which recently got caught up in a meme-stock wave, were tumbling Thursday, after the doughnut maker swung to a wider-than-expected loss in the latest quarter. The company’s stock dropped 11.
Krispy Kreme falls sharply as meme buzz does not hold up to earnings scrutiny
Krispy Kreme (DNUT) faces revenue decline, profitability challenges, and share volatility. Discover insights on its turnaround strategy and consumer trends.
Krispy Kreme Loss Widens on Impairments While Sales Fall
Krispy Kreme recorded a bigger loss in the second quarter after writing down multiple operating segments, along with lower sales.
Why Investors Trashed Krispy Kreme Stock Today
Krispy Kreme hopes to right the ship with that turnaround plan, which it sketched out within the earnings release. The company said this effort would focus on fou
Krispy Kreme's financial woes continue with massive second-quarter loss
The latest reassessment of Krispy Kreme Inc.’s financial operations has led the company to take a massive goodwill write-down that produced a $435.3 million loss for the second quarter. The company disclosed Thursday taking a non-cash goodwill impairment of $355.
Krispy Kreme Slides on Larger Q2 Loss Following McDonald’s Deal Exit
Shares of Krispy Kreme, Inc. (NASDAQ:DNUT) dropped around 5% on Thursday after the company reported a deeper second-quarter loss than analysts had forecast, as it works to recover from the end of its collaboration with McDonald’s (NYSE:MCD) and embarks on a broad restructuring strategy.
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