Krispy Kreme (DNUT) said Thursday it’s in talks to expand its partnership with McDonald’s (MCD), CNBC’s Amelia Lucas reports. The discussions with McDonald’s have touched on Krispy Kreme’s ability to deliver its doughnuts fresh and on time, what scale is needed to expand beyond Kentucky and the commercial viability of the partnership, incoming Krispy Kreme CEO Josh Charlesworth said on the company’s conference call Thursday, the author notes.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on MCD:
- MCD, DIN, PTLO: 3 “Strong Buy” Restaurant Stocks to Eat Up
- McDonald’s Stock (NYSE:MCD): Poised to Benefit from a Shifting Economy
- Panera to lay off 17% of staffers ahead of planned IPO, WSJ reports
- McDonald’s price target raised to $291 from $277 at BofA
- McDonald’s price target lowered to $325 from $340 at BMO Capital
