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ATTN: shinerburke!!!

F

Fausto

Elite Member
Krispy Kreme's closing a plant!!1!!one!!

RAVENNA, Ohio - Krispy Kreme Doughnuts Inc., which has blamed the nation's obsession with low-carb dieting for its financial woes, is closing a northeast Ohio doughnut plant citing oversupply.

The Winston-Salem-based company announced Monday that it will shutter its $4.6 million plant in Ravenna on Oct. 16 because too many doughnuts are being made and not sold. The plant opened last June and employs fewer than 75 people.

Krispy Kreme hopes to place as many Ravenna plant employees as it can at area stores, company spokeswoman Amy Hughes said.

In May, Krispy Kreme reported its first quarterly loss since it went public in 2000. Then in July, the company said it was under scrutiny by the Securities and Exchange Commission (news - web sites) over the company's repurchase of franchises and for a profit warning.

After hitting a high of $39.74 in March, shares fell as low as $11.56 in September. The company's stock traded at $13.23, up 12 cents, or 0.9 percent, Tuesday afternoon on the New York Stock Exchange (news - web sites).
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Perhaps you could send her that way to help prop up the demand? 😛
 
Originally posted by: CPA
or maybe it's the fact the Krispy Kreme donuts are just not that good.
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BLASPHEMY!!!! :|

Seriously, you have to get them hot off the rack or they're just donuts. They're extra-good if you've been out partying all night and have the post-drinking munchies. 😛

 
How can you not like a place that give you a free donut when they are making them. So hot and yummy🙂
 
Originally posted by: Fausto
Originally posted by: CPA
or maybe it's the fact the Krispy Kreme donuts are just not that good.
Click to expand...
BLASPHEMY!!!! :|

Seriously, you have to get them hot off the rack or they're just donuts. They're extra-good if you've been out partying all night and have the post-drinking munchies. 😛
Click to expand...

** CONFIRMED **
 
I think there's sort of a novelty thing going on. Like when a KK first comes to town, everyone is all excited and stuff. But after a while, a donut is just a donut.
 
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