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Krispy Kreme

Financing

Krispy Kreme sells a majority stake in Insomnia Cookies

 By Jonathan Maze on Jul. 22, 2024

A pair of private-equity groups, Verlinvest and Mistral Equity Partners, bought the stake, which values the cookie chain at $350 million. Krispy Kreme is keeping a 34% share in the concept.

Marketing

McDonald's is taking its Krispy Kreme partnership national

 By Jonathan Maze on Mar. 26, 2024

The fast-food giant said it plans a phased rollout of Krispy Kreme doughnuts at its restaurants across the country by the end of 2026.

Financing

McDonald's adds doughnuts, and some uncertainty, to the menu

By Jonathan Maze on Mar. 26, 2024

The Bottom Line: Krispy Kreme gets a massive win with its McDonald's doughnut deal. But the payoff is less certain, and a long way off, for the fast-food restaurant chain.

Financing

Krispy Kreme looks to expand its doughnut-making capacity

By Jonathan Maze on Feb. 13, 2024

The chain, which wants to sell its doughnuts out of more McDonald's locations, is now looking to open new shops to build capacity while it also works to improve manufacturing and logistics.

Financing

McDonald's and Krispy Kreme may expand their partnership

By Jonathan Maze on Nov. 09, 2023

The burger giant has been selling Krispy Kreme doughnuts out of its Kentucky restaurants for months. Now they’re apparently talking about an expansion.

Financing

Krispy Kreme is putting Insomnia Cookies on the market

By Jonathan Maze on Oct. 03, 2023

The Charlotte-based company said that a sale of the cookie delivery company five years after acquiring the chain would “unlock shareholder value.”

Leadership

Krispy Kreme to promote Josh Charlesworth to CEO

By Jonathan Maze on Sep. 25, 2023

The company’s chief operating officer will take the top job in January. Current CEO Mike Tattersfield will remain on the board and will serve as a senior advisor.

Financing

Krispy Kreme's competitors are not who you think

By Jonathan Maze on Sep. 20, 2023

The doughnut chain is an “affordable luxury” that people gather to enjoy. Its competitors are not just Dunkin’ and other doughnut concepts but cake makers and even florists.

Financing

Krispy Kreme ponders expansion amid a successful McDonald's test

By Jonathan Maze on Aug. 10, 2023

Six months after it started selling doughnuts at 160 McDonald’s restaurants in Kentucky, Krispy Kreme said the test is proving to be valuable. But it needs more production capacity.

Financing

It could be a while before McDonald's makes its Krispy Kreme test national

By Jonathan Maze on May 12, 2023

Early reports suggest the burger chain’s test of the sale of the doughnuts has been going well. But Krispy Kreme doesn’t have the capacity to serve the entire brand.

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