Krispy Kreme's CEO on Low-Carb Frenzy
Amid an accounting scandal and another disastrous Q, there was a lot of bad news on KKD's conference call. But one bit of info may provide some insight to specialty food investors -- Krispy Kreme's CEO called a top to the low-carb diet frenzy. The AP reports: "On a conference call with analysts, Livengood said the low-carb dieting phenomenon is still a factor in the company's soft sales, but he believes the trend might have peaked. Krispy Kreme had previously blamed the diet for much of its sales difficulties this year."
0 Comments:
Post a Comment
<< Home