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Last Updated: Friday, 7 September 2007, 18:33 GMT 19:33 UK
Struggling US snack foods giant Krispy Kreme slid deeper into the red as second quarter losses grew to $27m (£13.3m) from $4.6m in 2006.
Shares in the doughnut maker fell 25% in reaction to the latest bad news to hit Krispy Kreme, which is in the midst of a restructuring operation.
Healthier eating trends were one of the factors blamed for declining sales.
Competition from rival Dunkin'Donuts and franchisees filing for bankruptcy have also damaged Krispy Kreme.
http://news.bbc.co.uk/2/hi/business/6984282.stm
Struggling US snack foods giant Krispy Kreme slid deeper into the red as second quarter losses grew to $27m (£13.3m) from $4.6m in 2006.
Shares in the doughnut maker fell 25% in reaction to the latest bad news to hit Krispy Kreme, which is in the midst of a restructuring operation.
Healthier eating trends were one of the factors blamed for declining sales.
Competition from rival Dunkin'Donuts and franchisees filing for bankruptcy have also damaged Krispy Kreme.
http://news.bbc.co.uk/2/hi/business/6984282.stm