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News Breaks | | | | January 15, 2013 | | 07:54 EDT |  | KKD | Krispy Kreme adopts tax asset protection plan
Krispy Kreme Doughnuts announced its Board of Directors adopted a tax asset protection plan intended to preserve the long-term value of the company's federal net operating loss and other tax carryforwards, which represent a substantial asset to the company and its shareholders. The Plan is similar to tax protection plans adopted by other public companies with significant tax carryforwards. As of January 2012, the company had a federal net operating loss carryforward of approximately $240M, as well as state net operating loss carryforwards and federal and state tax credits that can be carried forward to future years. The Plan is designed to discourage any person from becoming a 5% shareholder, thereby reducing the risk of such an ownership change. There is no guarantee, however, that the Plan will prevent the company from experiencing an ownership change, and the company may pursue additional means of protecting this substantial asset. | |
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News For KKD From The Last 14 Days Check below for free stories on KKD the last two weeks. |
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| June 18, 2013 | | 07:27 EDT |  | KKD | Krispy Kreme checks suggest Q2 upside, says Longbow
Longbow's checks indicate indicates Q2 upside to 7.5% sales growth from Krispy Kreme company owned stores and 8.2% from franchises. The firm has increased confidence in its Q2 EPS estimate of 16c vs. the Street's 15c EPS estimate and reiterates its Buy rating. | | | June 12, 2013 | | 07:00 EDT | | KKD | Krispy Kreme signs letter of intent for refranchising of Dallas market
 Subscribe for More Information | | | June 6, 2013 | | 12:13 EDT |  | KKD | Options with decreasing implied volatility:CIEN SPLK KKD CPRT VOD
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