Krispy Kreme's Hangover from McDonald's Deal Bestows Pullback Opp
DNUTKrispy Kreme(DNUT) MarketBeat·2024-04-08 18:11

Key PointsKrispy Kreme announced a partnership with McDonald's to start phasing in daily deliveries to its U.S. stores with a phased-in rollout starting in Q3 2024 to the end of 2026.Krispy Kreme expands its access point for fresh-made donuts to potentially 13,000 new McDonald's locations in the country, with the deal expected to result in daily delivery of 3 of its most popular donuts in individual and 6-pack increments.Piper Sandler upgrades Krispy Kreme shares to Overweight from Neutral with a $20 price ...