The Latest Breaking News from Josh Charlesworth

Krispy Kreme, McDonald’s call off partnership, citing ‘unsustainable operating costs’ of $28.9 million

Krispy Kreme stock is down nearly 70% since January.

Fortune · Aug 8, 2025

Krispy Kreme's Q2 Margin Squeeze—Reveals New Plan To Power Q3 Profit

Krispy Kreme, Inc. (NASDAQ:DNUT) shares are trading lower in the premarket session on Thursday after the company reported a second-quarter adjusted earnings per share loss of 15 cents, missing the Street view of a three-cent loss.

Benzinga · Aug 7, 2025

McDonald's And Krispy Kreme To End Partnership In July, Doughnut Company CEO Says Efforts To Bring Costs Down With Unit Demand Were 'Unsuccessful'

In an official announcement on Tuesday, McDonald’s Corp. (NYSE:MCD) and Krispy Kreme Inc. (NASDAQ:DNUT) have decided to part ways. Concerns about profitability led to the termination of this association. Their US doughnut partnership will conclude on July 2, 2025.  

Benzinga · Jun 25, 2025