Krispy Kreme Ireland Losses More Than Double to €3.07m
Pretax losses at Krispy Kreme’s Irish arm more than doubled to €3.07 million, as a challenging economic environment hurt store footfall and rising cost pressures weighed on results. Sales fell for a second year to €13.47 million. Operating losses rose to €2.72 million, with cash down to €684,000 and accumulated losses at €2.23 million.