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KRISPY KREME HAS GONE OUT OF KONTROL
New York Post ^ | 11/23/04 | Richard Wilner

Posted on 11/23/2004 12:59:52 AM PST by kattracks

Carb-conscious Americans continued to flatten Krispy Kreme Doughnuts, as the onetime Wall Street darling yesterday posted a loss of $3 million in the third quarter.

That bad news sent the stock reeling 16 percent — or to just above the $7 price of a dozen assorted sweet things.

The struggling doughnut chain has lost more than 75 percent of its market value since last year as people have suddenly stayed away from the glazed treats in droves, and opted for healthier snacks.

As a result, each Krispy Kreme store has seen $10,000 a week in revenue waddle out the door, a drop of some 16 percent.


(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Culture/Society; Extended News; News/Current Events
KEYWORDS: atkins; atkinsdiet; carbohydrates; carbs; cop; cops; diabetes; diet; donuts; dough; eatmorekrispykreme; fat; fatsos; krispykreme; nyse; obesity; patrolman; police; policemen; stockexchange; stockmarket; wallstreet
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1 posted on 11/23/2004 12:59:52 AM PST by kattracks
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To: kattracks

They should create the Atkins-friendly donut - made out of pork rinds and Splenda. Even going to a pure fructose formula would make it easier on carb watchers.


2 posted on 11/23/2004 1:02:30 AM PST by The Red Zone
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To: The Red Zone

these donuts were always overrated in my opinion


3 posted on 11/23/2004 1:03:18 AM PST by StopDemocratsDotCom
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To: kattracks

They grew too fast, they spent too much on new stores instead of covering their butts


4 posted on 11/23/2004 1:04:27 AM PST by GeronL ([[[[[[[[[[[This tagline closed until further notice- Homeland Security Dept-]]]]]]]]]]]]]])
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To: kattracks

How about spinach kiesch filled donuts?


5 posted on 11/23/2004 1:11:19 AM PST by eagle11
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To: StopDemocratsDotCom

HIGHLY overrated. Nothing but sugar.

I'll take a good ol' Dunkin' donut anyday.


6 posted on 11/23/2004 1:11:50 AM PST by Choose Ye This Day (DUmmies: You keep visualizing a Kerry win...we'll lead the world and beat the terrorists. Mmmmkay?)
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To: Choose Ye This Day

Organic donuts would be very popular here in Colorado...


7 posted on 11/23/2004 1:16:36 AM PST by ajolympian2004
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To: eagle11
Stop, you're making me hungry.

yuck

8 posted on 11/23/2004 1:19:29 AM PST by kattracks
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To: ajolympian2004

I think I'll open up a tree bark stand. All you can eat for 99 cents! Gotta be better for you than those nasty doughnuts! Anyone game?


9 posted on 11/23/2004 1:21:18 AM PST by derllak
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To: GeronL

And they didn't focus advertising on Southern California's finest. Maybe that's another reason why Southern California has trouble recruiting.


10 posted on 11/23/2004 1:25:36 AM PST by bd476
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To: derllak
It had better be Birch, at least I can make beer from it! *L*
11 posted on 11/23/2004 1:25:53 AM PST by NYTexan
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To: kattracks

Me thinks that once this current 'low carb' fad diet runs its course, Krispy's stock will climb at a consistent rate. There have been so many "diets", it's a joke. When I stopped smoking I gained weight. Then I decided to stop eating large meals three times a day. Today, I'm back to whwere I was a year ago. Diets are for people who do not want to lose weight. They pig out and then drink Diet Coke, etc. Call it the Diet Coke diet and then consume 25 gallons of ice cream a day.


12 posted on 11/23/2004 1:32:00 AM PST by Cobra64 (Babes should wear Bullet Bras - www.BulletBras.net)
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To: NYTexan

Beer from birch bark? Sounds yummy! Can you give me the recipe or is it an old family recipe handed down for generations? Lol, just curious!


13 posted on 11/23/2004 1:33:11 AM PST by derllak
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To: StopDemocratsDotCom

A super airy glazed donut. I always wondered what made people like them. It was like a cult.


14 posted on 11/23/2004 1:40:35 AM PST by BunnySlippers (George W. Bush is our president ... Get over it!)
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To: derllak
You can probably find birch beer in a grocery store or gas station. It's non alcoholic (similar to root beer or sarsaparilla).
15 posted on 11/23/2004 1:43:54 AM PST by Welsh Rabbit
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To: Cobra64
Me thinks that once this current 'low carb' fad diet runs its course, Krispy's stock will climb at a consistent rate.

My uncle bought a lot of their stock and says the same thing. He was contacted by a lawyer who is suing KK on behalf of a group of investors, but he wanted nothing to do with it. Atkins has had an unusually long run, but in the end, this is America and a new crazy fad, diet or otherwise, is just around the corner.
16 posted on 11/23/2004 1:49:25 AM PST by Welsh Rabbit
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To: Cobra64
They pig out and then drink Diet Coke, etc. Call it the Diet Coke diet and then consume 25 gallons of ice cream a day.

Alright, you convinced me.

I'll give up the diet coke. Bring on the "hot fudge"!

What I've done is replaced a lot of the fatty foods such as cheese with soy substitutes. I find that "Veggie Shreds" are great and provide a higher protein to carb ratio. I can eat a cheese Burrito a day and it's actually healthy. I lost some 30 lbs on that diet two years ago and kept off about 20. Now it's just a regular day to day diet.

17 posted on 11/23/2004 1:51:04 AM PST by Caipirabob (Democrats.. Socialists..Commies..Traitors...Who can tell the difference?)
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To: derllak

BIRCH BEER



Measure 4 quarts of finely cut twigs of sweet birch into the bottom of a 5 gallon crock.

In a large kettle, stir 1 gallon of honey into 4 gallons birch sap and boil for 10 minutes, then pour over the chopped twigs. When cool, strain to remove the twigs and return to the crock.

Spread 1 cake of soft yeast on a slice of toasted rye bread and float on top of the beer. Cover with a cloth and let ferment until the cloudiness just starts to settle, about a week but it depends somewhat on the temperature.

Bottle the beer and cap tightly. Store in a dark place and serve it cold after the weather gets hot. It should stand in the bottles for about 3 months before using. If opened too soon, it will foam all over and pop worse than champagne.

THIS IS NOT A DRINK FOR CHILDREN:

SWEET BIRCH (Betula lenta) also called Black birch, Sweet birch or Cherry birch has fragrant bark and twigs that smells of wintergreen. The sap flows about a month later than maple and much faster than maple. You tap the trees the same as maple but must gather about 3 times as often.

The sap also can be boiled the same as maple but the syrup is much stronger, more like molasses.


18 posted on 11/23/2004 1:53:45 AM PST by NYTexan
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To: The Red Zone

UGH! Splenda.

An expensive big bag of air fluffed flakes.


19 posted on 11/23/2004 1:55:49 AM PST by RandallFlagg (FReepers, Do NOT let the voter fraud stories die!!!! (Magnetic bumper stickers-click my name))
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To: ajolympian2004

Where? Boulder?


20 posted on 11/23/2004 1:56:37 AM PST by RandallFlagg (FReepers, Do NOT let the voter fraud stories die!!!! (Magnetic bumper stickers-click my name))
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To: kattracks

One of the cliches of healthy business is: New Product Development.

Look at McDonalds, with their salads.


21 posted on 11/23/2004 1:56:58 AM PST by samtheman
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To: The Red Zone

the oil they use is Pork.


22 posted on 11/23/2004 1:57:27 AM PST by Steve Van Doorn
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To: GeronL

Agreed


23 posted on 11/23/2004 1:58:10 AM PST by Mo1 (Should be called Oil for Fraud and not Oil for Food)
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To: kattracks

Mmmm. Donuts.
24 posted on 11/23/2004 2:17:09 AM PST by Recovering_Democrat (I'm so glad to no longer be associated with the Party of Dependence on Government!)
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To: Welsh Rabbit
[T]his is America and a new crazy fad, diet or otherwise, is just around the corner.


25 posted on 11/23/2004 2:19:20 AM PST by ppaul
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To: kattracks

One big reason for the KK popularity deflation...they were vastly overhyped and greatly overrated tastewise. They're adequate but not nearly the doughnut qua manna from heaven that their hucksters were making them out to be.


26 posted on 11/23/2004 2:31:29 AM PST by driftless ( For life-long happiness, learn how to play the accordion.)
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To: RandallFlagg
Where? Boulder? Of course... if it's organic it sells in Boulder. Organic donuts being sold at Wild Oats, Whole Foods or Vitamin Cottage here in Boulder would be a huge money making venture. You could even use "free range wheat" and use that as a major selling point. ;)
27 posted on 11/23/2004 2:39:00 AM PST by ajolympian2004
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To: driftless

Krispy Kreme donuts are the best! It's impossible to overrate them.


28 posted on 11/23/2004 2:50:31 AM PST by Virginia
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To: Virginia

On the organic donuts idea... you would also want them to be certified that you didn't use "old growth" sugar beets. At least for the ones you sell in Boulder, Eugene, Berkeley, etc.


29 posted on 11/23/2004 2:59:21 AM PST by ajolympian2004
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To: kattracks

There's never a cop eating a donut when you need one.


30 posted on 11/23/2004 3:01:30 AM PST by Nick Danger (Want some wood?)
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To: Virginia

Absolutely no better doughnut than KK!! But even as the best, I'm just not that big of a doughnut eater.

I think people not taking the time to eat breakfast has probably hurt them more than any fad diets..and this is a fad.

People just can not slow down anymore long enough to enjoy life's simple pleasures, like doughnuts, the smell of flowers...or their children...and life as well as doughnuts and the needs of their children pass them by...forever.



31 posted on 11/23/2004 3:04:01 AM PST by Indie (Ignorance of the truth is no excuse for stupidity.)
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To: The Red Zone

How about a bacon, egg, and sausage donut? Mmmm....


32 posted on 11/23/2004 3:07:36 AM PST by angkor
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To: angkor

Hotdog Mustard Creme... :)


33 posted on 11/23/2004 3:11:30 AM PST by ajolympian2004
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To: kattracks
KK are awesome donuts.They were over-hyped bug not overrated. When something becomes that popular there is an inevitable trend to trash the product as "overrated".

It is now cool to be anti-KK.

I still go about once a month.Have to keep the weight off.LOL
34 posted on 11/23/2004 3:11:39 AM PST by Reaganez
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To: Reaganez

Or how about Dounts laced with Nicotine... :)


35 posted on 11/23/2004 3:15:13 AM PST by ajolympian2004
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To: The Red Zone
made out of pork rinds and Splenda

Oh man. Is that worse than posting a picture of Madeline Albright? I just don't know.

36 posted on 11/23/2004 3:25:15 AM PST by eno_ (Freedom Lite, it's almost worth defending.)
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To: Reaganez

In my opinion, Krispy Kreme made a mistake by offering their donuts in gas stations and conveinence stores.

The whole allure of the Krispy Kreme donut was to experience how delicious a fresh, hot donut could be. Travelers buying day old donuts at the gas station are not likely to be wowed or pass on the "buzz".


37 posted on 11/23/2004 3:25:47 AM PST by Fishface (teach a man to fish...he eats for a lifetime.)
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To: Choose Ye This Day
You've got to be nuts. Dunkin' donuts are the worst! They do have great coffee though.
38 posted on 11/23/2004 3:37:19 AM PST by upier (Stop Child abuse - Teach your children English!)
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To: BunnySlippers

Actually their best on is the chocolate iced creme filled donut.


39 posted on 11/23/2004 3:38:53 AM PST by upier (Stop Child abuse - Teach your children English!)
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To: The Red Zone

Before I became a diabetic, I tried both Krispy Kreme and Dunkin Donuts. I preferred Dunkin Donuts far more than Krispy Kreme. I couldn't understand what the big hoopla was about them. I haven't had a donut in about a year since I was diagnosed. Does anyone even make a donut with Splenda yet?


40 posted on 11/23/2004 3:48:24 AM PST by mass55th ("If I were two faced, would I be wearing this one?"----Abe Lincoln (1809-1865))
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To: Virginia

They're just adequate. I prefer the cake donut. In fact there's a cake doughnut place in my old hometown of La Crosse, Wisconsin ( I now live a short distance away) that was voted the best doughnut shop in Wisconsin by the biggest paper in the state, The Milwaukee Journal/Sentinel. KK moved into the area last year, and after initial great interest, their business is really down.


41 posted on 11/23/2004 3:52:59 AM PST by driftless ( For life-long happiness, learn how to play the accordion.)
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To: kattracks

Tsk, Tsk. Too much sugar I guess.


42 posted on 11/23/2004 4:04:16 AM PST by Banjoguy (The most dangerous place in the world today, is in a womb waiting to be born.)
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To: driftless
" In fact there's a cake doughnut place in my old hometown of La Crosse, Wisconsin ( I now live a short distance away) that was voted the best doughnut shop in Wisconsin by the biggest paper in the state, The Milwaukee Journal/Sentinel."

So you are saying that the local newspaper is the expert? If they had supported John Kerry and said that he was the presidential candidate that Wisconsin voters should vote for, would that have meant that you would believe them and would have voted for Kerry?

43 posted on 11/23/2004 4:09:11 AM PST by TennTuxedo
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To: kattracks

I had a Krispy Kreme once, that was more than enough for a lifetime.


44 posted on 11/23/2004 4:13:34 AM PST by mombonn ( íViva Bush/Cheney! Dukakis and Kerry are the matching bookends of the Bush era.)
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To: TennTuxedo

Sometimes liberals are correct in areas not concerning politics. Actually I have no way of knowing the political persuasion of the food expert who assessed Mr. D's of La Crosse as having the best sinkers in Wisconsin. And frankly I don't care as the whole thing is subjective anyway and not worth anything but laughing about. I hope you're laughing pal.


45 posted on 11/23/2004 4:43:34 AM PST by driftless ( For life-long happiness, learn how to play the accordion.)
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To: kattracks

I think they taste awful, too, I have no clue what the hubub is all about.


46 posted on 11/23/2004 4:45:27 AM PST by RaceBannon (Arab Media pulled out of Fallujah; Could we get the MSM to pull out of America??)
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To: kattracks
Dunkin Donuts is better.
47 posted on 11/23/2004 5:19:20 AM PST by fso301
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To: kattracks
I can't speak for why the entire company is in trouble, but I can speak from my experience why it is in trouble at our local level.

This year KK built and opened a brand new store here in town which made the donuts and sold them right on site, including hot coffee. Terrific idea!

At first, crowds were overwhelming and went out the door. However, the first (and only) time I went in, I got an anemic donut for $.79 + tax. Sure, it was "fresh", but it was twice the cost it was worth and smaller than I expected. Also, their coffee was overpriced and not too good.

Apparently, other people felt the same way. Spider webs now grow across their parking lot.

They ruined their business by not producing the best product at a competitive price and making sure you got your money's worth. Their name alone was not good enough to overcome their deficiencies. I can go down the street to Wal Mart and get nearly as good a donut for $.30, or go to the local coffee shop and get a much better cup of coffee for almost the same price.

When you go to KK, their donuts are OK but can't bear to pay their prices for what you get - at least in our town.

48 posted on 11/23/2004 5:20:12 AM PST by Gritty ("Bush's redneck America is a more reliable long-term bet than enlighted Europe-Mark Steyn)
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To: mass55th

The manager of my local donut shop tells me that the traditional sugar coated, fruit filled donuts are not selling so well anymore. Instead, his health conscious customers are switching to bagels. When I pointed out that a typical bagel has about 300 calories (not including the cream cheese that most people slather it with) he just smiled and chuckled.
The moral of this story is that most people are content to follow the crowd and donut shop owners are quite happy to let them. After all, a bagel costs a lot more than a donut.


49 posted on 11/23/2004 5:33:48 AM PST by finnigan2
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To: Gritty
I can go down the street to Wal Mart and get nearly as good a donut for $.30

How dare Wally World produce a similar product at lower prices.

They can do that because Wally World is really a slave labor camp disguised as a retail store.

It's true, just ask any union (thug) boss.

< / sarcasm >

50 posted on 11/23/2004 5:36:37 AM PST by Popman (Democrat Party Political Values are Condescension, Hypocrisy, Bigotry)
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