Krispy Kreme Announces Strategic Refranchising Agreement for Japan

Core Viewpoint - Krispy Kreme, Inc. has reached an agreement for Unison Capital, Inc. to purchase its operations in Japan, with cash proceeds estimated at approximately $65 million, contingent on fiscal year 2025 financial results for Japan [1] Financial Impact - The estimated cash proceeds from the transaction are approximately $65 million, which will be used for debt pay down after transaction-related fees and expenses [1] Transaction Details - The transaction is projected to close in the near future, with the financial results for Japan being a determining factor for the final cash proceeds [1]