Krispy Kreme shares jump as U.S. partnership with McDonald's goes national [Globe and Mail, The (Toronto, Canada)]
Krispy Kreme, Inc. (DNUT)
Company Research
Source: Globe and Mail, The
Krispy Kreme said it would not supply its donuts to any other quick service restaurant in the U.S. through Dec. 31, 2026, as part of the agreement. The company has been aiming to open its outlets in at least 75,000 points of access such as quick-service restaurants and grocery stores around the world through a hub-and-spoke model. Krispy Kreme said in February that it ended 2023 with 2,300 more points of access than 2022. The company's shares were at an eight-month high, and were headed for their highest percentage rise ever, at current levels. McDonald's has about 14,000 stores in the U.S., and said in December that it planned to open about 10,000 restaurants globally by 2027. The company has struggled with weak overseas demand at its restaurants as a result of boycott campaigns against the burger giant in some international markets related to the Israel-Hamas conflict, as well as tough macro economic conditions in China. Sign up for the Top Business Headlines: Evening E
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News
- Krispy Kreme, Inc. to Announce First Quarter 2024 Results on May 9, 2024 [Yahoo! Finance]Yahoo! Finance
- Krispy Kreme, Inc. to Announce First Quarter 2024 Results on May 9, 2024Business Wire
- KRISPY KREME® Giving Guests a Sweet Tax Break on Tax Day, April 15Business Wire
- Take a Bite, Take a Break with KRISPY KREME® and KIT KAT®Business Wire
- Krispy Kreme, Inc. (NASDAQ: DNUT) had its price target raised by analysts at Bank of America Co. from $16.00 to $19.00. They now have a "buy" rating on the stock.MarketBeat
DNUT
Earnings
- 2/13/24 - In-Line
DNUT
Sec Filings
- 4/24/24 - Form ARS
- 4/24/24 - Form DEFA14A
- 4/24/24 - Form DEF
- DNUT's page on the SEC website