Thursday, March 11, 2004

DONUT NEWS

Meanwhile, also from the FT (why am I reading the FT?):

The backlash against refined carbohydrates appears to have done little to curb US appetites for doughnuts, as Krispy Kreme reported another quarter of sweet profits and sales ...

Krispy Kreme said net income for the fourth quarter rose 45 per cent to $16.4m, or 26 cents a share, in line with expectations. A year earlier it earned $11.3m, or 19 cents, before a 9.1m pre-tax charge. Including the arbitration award, the company earned $5.6m or 9 cents a share.

Hardened arteries anyone?

:: Posted by pete @ 21:46