As a follow-up to older postings by several posters, be advised that all three Krispy Kreme stores in Eastern Massachusetts, (which may reflect all of their stores in the State), are now closed. It was accomplished very quietly and the only comment issued was that sales did not meet expectations. The corporation's accountng is a total mess and they are under investigation by several regulatory bodies. They have missed several deadlines to refile corrected financial statements and it is expected that they will also miss the next deadline. Several executives resigned under duress earlier this year and the company and these executives are under investigation. Half of its outstanding stock is held by short sellers in anticipation that its price will decline even further from its current very low levels.
Meanwhile, Dunkin Donuts is being pursued by several companies, (domestic and European), as an acquisition. Perhaps, they see an opportunity if Krispy Creme enters bankruptcy.