CHARLOTTE, N.C.--(BUSINESS WIRE)--Friday the 13th gets a bad rap, but bad luck doesn't stand a chance at Krispy Kreme®. To sweeten Valentine's Weekend and bring a side of good luck, Krispy Kreme on Friday will give away 13,000 Original Glazed® dozens to randomly selected guests at participating U.S. shops throughout the day. The 13,000 free dozens will be in the form of a coupon that guests can redeem with any purchase over 13 days beginning Sunday, Feb. 15. Guests also can celebrate with Krisp. ...

CHARLOTTE, N.C.--(BUSINESS WIRE)--For football fans game-planning their food lineup for the weekend, Krispy Kreme's® new Big Game Dozen is a sweet play sure to win with friends and family. And you don't have to wait for kickoff to score. Whether you're feeding a packed house or planning something more low-key for game day, Krispy Kreme is providing two ways for fans to be MVPs Friday through Sunday: Krispy Kreme's Big Game Dozen features six Football Doughnuts, two Goal Post Doughnuts and four. ...

CHARLOTTE, N.C.--(BUSINESS WIRE)--Roses are red, doughnuts are better, and Krispy Kreme's® newest Valentine's Day Collection is sweeter than a love letter! This Valentine's Day, skip the card and share a dozen doughnuts to say exactly what's in your heart. Available in a custom Valentine's Day-themed dozen box beginning Tuesday, Feb. 3 through Valentine's Day at participating Krispy Kreme shops throughout the U.S, Krispy Kreme's Valentine's Day Doughnut Collection includes four all-new doughnut. ...

Core Insights - Chocomania is making a return to Krispy Kreme with a new collection of four doughnuts featuring HERSHEY'S chocolate [1] - The Chocomania Collection will be available for a limited time from January 27 to February 1 [1] - The new offerings include the Chocolate Cheesecake Doughnut, which combines HERSHEY'S Chocolate Original Glazed® doughnut with cheesecake swirl and mini chocolate chips [1]

Company Overview - Krispy Kreme, Inc. is headquartered in Charlotte, N.C., and is recognized globally for its iconic Original Glazed® doughnut, known for its hot-off-the-line, melt-in-your-mouth experience [3] - The company operates in over 40 countries through a unique network of fresh doughnut shops, partnerships with leading retailers, and a rapidly growing digital business [3] - Krispy Kreme's purpose is to enhance lives through the joy of its products, reflecting its commitment to people, communities, and the planet [3] Leadership Insights - Josh Charlesworth has been the President and CEO of Krispy Kreme since January 2024, having previously served as Chief Financial Officer and Chief Operating Officer [2] - His background includes leadership roles at Mars, where he was the Global Chief Financial Officer of Mars Chocolate from January 2015 to April 2017 [2] Growth Strategy - During a recent fireside chat at the ICR Conference 2026, the company's growth plan, menu innovation, and technology engagement strategies were discussed [1] - The company is focused on enhancing customer engagement through technological advancements and innovative menu offerings [1]

Core Point - Krispy Kreme is celebrating the first birthday of "Baby Dallas" with a promotion of zero delivery fees for orders made through their website and app [1] Group 1: Promotion Details - The promotion will take place on Wednesday and Thursday, coinciding with Dallas's birthday on January 22, 2025 [1] - The offer applies to all orders placed at krispykreme.com and via the company's app [1] Group 2: Background Information - "Baby Dallas" was born in a Krispy Kreme parking lot during a historic snowstorm in Dothan, AL [1] - The event marks a unique and celebratory occasion for the company, linking a personal story to their brand [1]

Core Viewpoint - Krispy Kreme is undergoing a significant turnaround plan focused on profitability, refranchising, and improving operational efficiency after exiting unprofitable partnerships, notably with McDonald's [2][7][23]. Group 1: Turnaround Strategy - The company has launched a turnaround plan aimed at boosting profitability, reducing leverage, and improving cash flow, with a focus on sustainable income streams [4][6][24]. - Krispy Kreme ended its partnership with McDonald's due to unprofitability and is now concentrating on profitable channels and refranchising efforts, particularly in international markets [2][7][23]. - The company is actively refranchising its operations in Japan and exploring similar opportunities in other markets like the U.K., Australia, and Mexico to enhance operational efficiency [9][16]. Group 2: Financial Performance - The third-quarter results showed positive trends, with higher adjusted EBITDA and a focus on generating positive cash flow to pay down debt [4][24]. - The company has stopped delivery operations in 1,400 locations that were not profitable while still adding new profitable ones, demonstrating a decisive approach to cost management [23]. - The goal for 2026 is to stabilize operations and show continuous improvement in EBITDA and cash flows, with a potential shift to long-term growth strategies in 2027 [25][26]. Group 3: Operational Efficiency - Krispy Kreme is outsourcing logistics to improve delivery efficiency and reduce costs, allowing the company to focus on its core competencies in doughnut production and retail [13][15]. - The company maintains strict quality control over its doughnut production process, ensuring consistency across international markets by using a concentrated mix from its North Carolina facilities [19][20][21]. - The brand is leveraging excess doughnut capacity in the U.S. to avoid the need for new shop openings domestically, focusing instead on expanding through established franchise partners internationally [10][11].

Core Viewpoint - Krispy Kreme is launching a new product called the Championship Dozen, aimed at football fans for game day celebrations [1] Product Details - The Championship Dozen will be available exclusively on Monday, January 19 [1] - It includes six football-shaped doughnuts, with three dipped in orange icing and three in crimson icing [1]

Group 1 - Verizon (VZ) experienced a 1.2% decline in early trading on Thursday following the announcement that it has resolved a nationwide wireless network outage in the U.S. [1][2] - The company will provide account credits to affected users as compensation for the service disruption [1][2] - During the outage, Krispy Kreme (DNUT) offered free donuts to customers [1][2]

Financial Data and Key Metrics Changes - The company has not yet released its 2025 results, but it is expected to announce its fourth quarter and full-year 2025 results in late February [2] - The company operates in over 40 countries with approximately 2,100 company-owned and franchise shops, selling more than 1 billion donuts annually [2] Business Line Data and Key Metrics Changes - The company is focusing on a capital-light growth strategy, emphasizing refranchising and off-premise distribution to grocery and convenience stores [4][5] - A recent hub opened in Minneapolis achieved $1 million in profitable sales from one donut shop in just 17 days, marking a record-breaking opening for the company [11] Market Data and Key Metrics Changes - The company has seen significant growth in digital commerce, which now represents about 20% of retail sales, with a 17% growth in digital sales in the third quarter of the previous year [34][35] - The company is in less than half of the store networks of major partners like Target and Walmart, indicating substantial growth opportunities [24] Company Strategy and Development Direction - The company has implemented a turnaround plan focused on refranchising, driving returns on invested capital (ROIC), expanding margins, and achieving quality growth [5][10] - The company aims to leverage existing production capacity and reduce capital expenditures while improving free cash flow generation [14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the brand's growth potential, citing high brand awareness and a relatively low penetration rate in the U.S. market [3] - The leadership team is focused on sustainable and profitable growth while deleveraging the balance sheet [41][42] Other Important Information - The company has a loyalty program with 16 million members in the U.S., which helps engage customers and promote new product offerings [37][38] - The company is continuously innovating its product offerings, including limited-time offerings and seasonal menu items, to maintain consumer interest [28][29] Q&A Session Summary Question: Why is Krispy Kreme evolving to a capital-light international franchise model? - The company has a proven global franchise model and aims to grow faster using outside capital [6] Question: What are the implications for average weekly sales of the doors added versus those eliminated? - New doors are performing better in average weekly sales compared to the eliminated ones, with Walmart locations achieving over $1,000 in weekly sales [25] Question: How is the company approaching digital sales and its loyalty program? - Digital sales represent about 20% of retail sales, and the loyalty program has been effective in engaging customers and promoting new products [34][37]