Krispy Kreme Doughnuts Inc. asked the Securities and Exchange Commission for an extra five days to file its 10-Q quarterly report, to give it time to complete an analysis of accounting related to "certain franchise matters."

In a filing with the SEC, the Winston-Salem, N.C.-based doughnut maker said Monday that it was unable to file a timely third quarter report because of an ongoing analysis related to the accounting treatment of certain franchise matters in the company's fiscal third quarter, primarily concerning its consolidation of KremeKo Inc., its area developer for Central and Eastern Canada.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access