Reported about 3 hours ago
Krispy Kreme has faced recent financial hurdles, reporting a 10% revenue drop and missing Wall Street expectations, causing a significant stock decline. CEO Josh Charlesworth highlighted their ongoing strategy of expanding national and international distribution through partnerships, emphasizing their goal of delivering fresh donuts to more customers, despite setbacks like a cyberattack disrupting online orders. The company remains optimistic about sustainable growth moving forward.
Source: YAHOO