date:Sep 13, 2013
for $153,576,000, or 51.8%. The percentage makeup of Krispy Kremes wholesale business has gradually slipped, falling from 54.7% in 2009 to 53.6% in 2012 to 51.8% in 2013.
In many ways (wholesale) is a great business to be in, but as you know, it kills the margins, Mr. Morgan said. It makes it very difficult for you to look at company stores because it is blended in so many of our company stores that are retail. ... It is not the model that if you could snap your fingers and start over you woul