Krispy Kreme's U.S. fresh delivery model is profitable and expanding, but the company is still losing money. The company's interest expenses and 0.36 current ratio make its current business model unsustainable, which is why it's aggressively deleveraging.
Krispy Kreme has signed a deal to sell its operations in Japan to private-equity firm Unison Capital for cash proceeds of about $65 million, which the doughnut maker will use to pare its debt load.
CHARLOTTE, N.C.--(BUSINESS WIRE)--Krispy Kreme, Inc. (NASDAQ: DNUT) (“Krispy Kreme”, or the “Company”) today announced that it has reached an agreement for Unison Capital, Inc. (“Unison”) to purchase its operations in Japan. Cash proceeds from this transaction are estimated to be approximately $65 million dependent on the fiscal year 2025 financial results for Japan. Proceeds are expected to be...
Krispy Kreme is time honored for its doughnuts, but there are still problems with the business. From a stock perspective, Krispy Kreme is underperforming the market, and struggling with consistent profitability.
CHARLOTTE, N.C.--(BUSINESS WIRE)--Krispy Kreme® will help doughnut fans across the United States spread more holiday cheer this Friday for just $1. On Friday, 12/12 only, Krispy Kreme will return its annual "Day of the Dozens," offering guests a dozen Original Glazed® doughnuts for just $1 with the purchase of any dozen (or 16-ct Minis) at regular price. Krispy Kreme fans can treat themselves, ...
Krispy Kreme looks cheap for good reasons -- but that could change. Margins are rising, and refranchising is underway, but profitability remains elusive.
Krispy Kreme is losing a lot of money, negatively impacting its stock price. It's hard to operate a donut business, as evidenced by the company's $600 million in operating expenses year to date.
CHARLOTTE, N.C.--(BUSINESS WIRE)--Good grief! And GREAT news: Krispy Kreme® and Peanuts® are partnering for the first time ever in the U.S.! This festive season, Krispy Kreme is teaming up with Peanuts to bring fans of Snoopy, Charlie Brown and the Peanuts gang the Krispy Kreme x Peanuts Collection – because after all, what are the holidays without those closest to you, your favorite characters...
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