% | $
Quotes you view appear here for quick access.

Krispy Kreme Doughnuts, Inc. Message Board

  • daveyw43 daveyw43 Mar 12, 2008 7:47 PM Flag

    10K in Thirty Days?

    We should see something in mid-April. I know I'm looking forward to seeing how Cap'n Jimbo sails the krispytanic.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • At least regarding 4Q numbers. Seems there is something about "within 45 days" of the end of the quarter.

      The Dec 6 third quarter financials were pretty much last minute. Tick Tock the clock is nearly run out on these IF I am right on the 45 days.

      I expect they will be terrible featuring lower revenues, higher costs, and Daryl's termination package.

      None-the-less, short of more terrible than terrible there will be those who try to rally on results. Doubt they'll get beyond $3.00. Certain they won't get beyond $3.50.

      Our patience will pay off in the end.

      • 1 Reply to truth_justice_and
      • It's the year end and they have more time. Last year's came out on Apr. 12. The year end requires PWC to do some serious audit work and come up with some interesting numbers that aren't tracked as accurately in the 10Q's. Real Estate owned should be particularly interesting telling how far along they are in forced liquidation. The present situation is a slow forced bankruptcy. As the loan covenants squeeze quarter after quarter KKD will approach negative book value. And now the CEO is a finance guy! Given all the loan guarantees on the books to franchisees that are all struggling to avoid bankruptcy themselves, I'd give them a snowball's chance in hell at finding a buyer. Better to buy the name sans baggage in a bankruptcy setting.

21.000.00(0.00%)Jul 27 4:00 PMEDT