The North Carolina-based doughnut producer said that the investigation concerns its ‘franchise reaquisitions’ and ‘previously announced reduction in earnings guidance’.
Scott Livengood, chairman, president and CEO, said: ‘Krispy Kreme has no higher priority than the confidence of our shareholders, customers and employees.
‘While we are confident in our practices, we understand and respect the SEC’s responsibilities and will continue to co-operate fully throughout this process.
Krispy Kreme launched in the UK last year, with much fanfare, in Harrods.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements