McDonald's and Krispy Kreme are in talks to expand partnership
Publishing timestamp: 2023-11-09 12:40:45
Summary
McDonald's and Krispy Kreme are discussing expanding their partnership beyond Kentucky. The two companies have been testing the sale of Krispy Kreme doughnuts at McDonald's restaurants in Kentucky, and now they are considering expanding this partnership to more locations. Krispy Kreme's third-quarter earnings and revenue fell short of expectations, causing its stock to drop. However, the company is still exploring opportunities for growth, including the potential partnership with McDonald's.
Sentiment: MIXED
Keywords: krispy kreme inc, retail industry, breaking news: business, earnings, business, mcdonald's corp, business news, restaurants,
Source: https://www.cnbc.com/2023/11/09/mcdonalds-and-krispy-kreme-are-in-talks-to-expand-partnership.html