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Non-Tech : Krispy Kreme Doughnuts, Inc. (KKD)
KKD 21.000.0%Aug 4 4:00 PM EDT

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To: Lizzie Tudor who wrote (966)10/17/2005 9:04:11 AM
From: GVTucker  Read Replies (1) of 1001
 
We don't know how much debt KKD has.

The Philadelphia Krispy Kreme franchisee filed for bankruptcy this morning. KKD is the majority owner of this franchisee, though I don't think their debt was consolidated on KKD's balance sheet. KKD is going to fund the Philly franchise during the restructuring.

KKD hasn't filed financial statements for about a year now. It's a roll of the dice whether or not the stock is a buy.
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