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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 8, 2005
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KRISPY KREME DOUGHNUTS, INC.
(Exact name of registrant as specified in its charter)
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North Carolina 001-16485 56-2169715
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
370 Knollwood Street, Winston-Salem, North Carolina 27103
(Address of principal executive offices)
Registrant's telephone number, including area code: (336) 725-2981
Not Applicable
(Former name or former address, if changed since last report)
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Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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Item 1.01 Entry into a Material Definitive Agreement.
On February 8, 2005, Krispy Kreme Doughnuts, Inc. (the "Company") entered
into a Services Agreement with Stephen F. Cooper, Steven G. Panagos, and Kroll
Zolfo Cooper LLC (the "Services Agreement") effective as of January 18, 2005,
certain terms of which were previously disclosed in the Company's Current Report
on Form 8-K filed on January 24, 2005. The Services Agreement is attached hereto
as Exhibit 10.1 and is incorporated by reference into this Item 1.01.
Item 8.01 Other Events.
On February 8, 2005, the Company issued a press release announcing, among
other things, certain restructuring actions taken recently. A copy of the press
release is attached hereto as Exhibit 99.1, and the press release is
incorporated by reference into this Item 8.01.
Item 9.01. Financial Statements and Exhibits.
(c) Exhibits. The following exhibits are filed herewith:
Exhibit No. Description
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10.1 Services Agreement entered into on February 8, 2005, by and
between Krispy Kreme Doughnuts, Inc. and Stephen F. Cooper,
Steven G. Panagos and Kroll Zolfo Cooper LLC, dated as of January
18, 2005.
99.1 Press release ("Krispy Kreme Announces Workforce Reduction and
Other Restructuring Actions") dated February 8, 2005.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.
KRISPY KREME DOUGHNUTS, INC.
Dated: February 9, 2005
By: /s/ Michael C. Phalen
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Michael C. Phalen
Chief Financial Officer