Krispy Creme (KKD) lost more money last quarter, again. And, to make matters worse, revenue dropped. The company is slowly disappearing.

The top line dropped over 7% to $111 million. People must be going to Dunkin Donuts. Net loss rose to $7.4 million from $6 million in the same quarter a year ago.

By the way, the company is eating cash. The green stuff dropped from $36 million at the end of the January quarter to under $31 million at the end of April.

The stock opened down 3%.

Douglas A. McIntyre