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  • Krispy Kreme misses filing deadline

    04/20/2005 3:55:33 AM PDT · by TaxRelief · 36 replies · 843+ views
    News 14 Carolina ^ | 4/19/2005 8:55 PM | By: Paul Nowell, Associated Press
    CHARLOTTE, N.C. -- Financially strapped Krispy Kreme Doughnuts Inc. told federal regulators Monday that the filing of its 2005 annual report has been delayed because of an ongoing review of its accounting practices. The Winston-Salem-based firm said in a filing with the U.S. Securities and Exchange Commission that the ongoing analysis included accounting practices from 2004 and "earlier years as well as in fiscal 2005." Krispy Kreme said it might have to make further revisions to past earnings reports. Last fall, the company formed a special committee of independent directors to look into whether earnings should be restated. Shares of...