Krispy Kreme Doughnuts Inc. reported a 54-percent decline in first-quarter profit as revenue fell 10 percent and lease termination costs and charges from credit facility changes hurt the parent company to the struggling doughnut chain.

Tags: Decline, Doughnut, Krispy Kreme Doughnuts, Krispy Kreme Doughnuts Inc, Lease Termination, Parent Company, Quarter Profit, Termination Costs

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