Krispy Kreme: Reports Q1-2024 Financial Results

Charlotte / NC. (kkd) Krispy Kreme Doughnuts Inc., indirect member of Luxembourg’s JAB Holding Company, reported financial results for the quarter ended March 31, 2024. «First-quarter results exceeded our expectations, driven by increased digital sales and strong consumer demand, highlighted by a record setting Valentine’s Day with specialty doughnuts available in 33 countries around the world,» said CEO Josh Charlesworth. «Our strategy of making fresh Krispy Kreme doughnuts more available globally is providing impressive results. We are modernizing how we make and move doughnuts to ensure high quality, profitable growth. Our Delivered Fresh Daily expansion is accelerating into more grocers, convenience stores and quick service restaurants. We’re excited about our recently announced agreement with McDonald’s, which is expected to more than 12,000 new points of access in the U.S. by the end of 2026. We’ll support much of this nationwide rollout using existing capacity, while adding distribution with other major customers as we grow.» For additional information please read the PDF file below (108 KB):