Krispy Kreme

Financing

Krispy Kreme sold a ton of doughnuts last year

The Charlotte, N.C.-based chain sold a record number of doughnuts in 2022. And its Insomnia Cookies brand also generated strong revenue growth.

Financing

Here’s why Krispy Kreme is selling doughnuts at McDonald’s

The doughnut chain is testing the sale of its products inside the burger giant’s Louisville, Ky., locations. The company’s goal is to see if it can sell in more locations than just retailers.

He comes to the doughnut chain from Mars Inc., where he was CFO of Mars Wrigley North America.

The burger chain will conduct a limited-time operations test at nine company locations in Louisville, Ky.

A Deeper Dive: Dave Skena, global chief brand officer for the doughnut chain, talks about the company’s efforts to get attention in a competitive market.

The doughnut chain’s shares declined 13% on Wednesday amid weakening profits. The company also plans to close 10 weak locations and acquire a 6-unit franchisee.

The company worked with Good Humor and Popsicle to create a line of doughnuts inspired by treats normally found on an ice cream truck.

The doughnut chain will give random customers a card worth a dozen free doughnuts per month through next June to celebrate its 85th birthday.

History shows deep pockets and past triumphs are no guarantee of conquering the peculiar world of foodservice. Here’s a look at past trainwrecks.

The doughnut chain introduced Original Glazed Soft Serve Ice Cream in 10 markets Tuesday and is expanding into more locations.

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