Krispy Kreme stock tumbles to all-time low as doughnut maker softens outlook
Krispy Kreme (DNUT) investors haven’t warmed to the company’s transformation strategy. Shares of the doughnut maker fell as much as 27% on Tuesday after the company missed Wall Street’s metrics across the board for both the fiscal fourth quarter and full-year results. Net revenue fell 10.4% in the quarter to $404 million, as the sale…