Financial Performance As of April 10, 2009, there were approximately 14,700 shareholders of record of common stock. Company did not pay dividends in fiscal 2009 and fiscal 2008. Krispy Kreme Doughnuts retained any earnings to finance business and did not anticipate paying cash dividends in the foreseeable future. Furthermore, the terms of secured credit facilities prohibit the payment of dividends on common stock. No purchases were made by or on behalf of the Company of its equity securities in fiscal 2009. Fiscal 2009 compared to Fiscal 2008, excluding sales for the 53rd week in fiscal 2008, system wide sales decreased approximately 0.1% in fiscal 2009 compared to fiscal 2008, reflecting a 15.1% decrease in average weekly sales per store,…
Industry Overview Krispy Kreme operates by owning and franchising stores worldwide. The company sells and distributes a wide variety of premium doughnuts including the Original Glazed, together with complementary products and beverages. Krispy Kreme operates within the quick service restaurant segment of the restaurant industry (Thomson Reuters, 2012). In both domestic and international markets, they compete against international retailers of doughnuts such as Dunkin’ Doughnuts and local…
Krispy Kreme has attracted a wide array of customers through a variety of styles since 1937. Their doughnuts are sold at numerous locations including convenience stores, supermarkets, and at Krispy Kreme locations. If their doughnuts were better for your health, Krispy Kreme’s customer population would rise even more. Unfortunately, Krispy Kreme is fattening, buttery, and nonorganic. Another downfall of Krispy Kreme is they are not constantly making fresh donuts, which means you have to bet on…
organizations, reliability affect their ability to provide a quality product or service to their customers and vendors. For example, the Krispy Kreme Donut conveyer belt produces 270 dozen donuts per hour and is considered the best donut production line in the world (Mini Donuts, n.d.). Company Stores revenues increased 5.8% to $87.4 million in the third quarter of fiscal 2016, driven by an 11.2% increase in on-premises sales (Krispy Kreme,…
Buildings that were acquired under capital leases had a net book value of $920,000 and $971,000 at February 2, 2014 and February 3, 2013, respectively. Depreciation expense was $11.0 million, $9.9 million and $8.2 million in fiscal 2014, 2013, and 2012, respectively. By the end of fiscal year 2015, the Company held less than $10 million of debt – all of which represented capitalized leases. Krispy Kreme’s financing activities, involving the issuance and/or repurchase of the company's own bonds…
most popular doughnut shops in the nation, Dunkin’ Donuts and Krispy Kreme. One is known for the classic glazed doughnut and the iconic paper hat, and the other is more recently popular and known for a delicious coffee-doughnut combination. While Krispy Kreme has the allure of showing their glazing process and is considered the epitome of hot, fresh doughnuts, for the reasons of exhibiting more variety and offering better availability, Dunkin’ Donuts is obviously the better chain. In…
5. Krispy Kreme a.) Product: Doughnuts i. Offering - Signature hot doughnut (tasty) -They have diff. variety of doughnuts -the texture of doughnut ii. Performance -They always provide / offer new cooked doughnuts with their signature great texture products. iii. Aesthetics - Great aesthetic image too. It’s appealing in the eye. iv. Conformance - They really ensure to conduct and apply their company’s vision and mission for real. v. Reliability - A mouth-watering doughnuts like…
The doughnut evidently first appeared in the 1800s in Manhattan, they were known as oily cakes. The Dutch were the ones who introduced them to America. In 1847 it was claimed that a 16-year-old sailor, Captain Hanson Gregory, invented the hole in the doughnut when he needed to have both hand on the wheel in a storm he stuck the doughnut through a spoke of his ships wheel. Though others claim that the hole was made in the middle because the sides would be fried but the inside would be raw. Later…
Abbie and Sadie’s Epic Adventure Lotus Eaters- One day a girl Abbigail went to a Krispy Kreme shop wanting to get a doughnut. What she didn’t know was that the mob had taken over the shop and they were giving people drugged doughnuts to get free workers, and new mob members. One day Abbigail went in to the Krispy Kreme store. All she wanted was one simple glazed doughnut. She walked in, got her doughnut, and ate it. She became, almost instantly, addicted to the doughnut. She kept eating the…
Opportunities Dunkin Donuts is a favorite amongst New Englanders and loved by mostly everybody. As a company, they have a lot of opportunities that they can act upon in order to better their company as well as eliminate threats such as competitors and other things that could be going against their company. Dunkin Donuts started up as a coffee and breakfast shop, but throughout the years they have progressed and are now offering more lunch items and are getting themselves more into the lunch…