McDonald’s to sell Krispy Kreme nationwide; doughnut maker's shares jump
Publishing timestamp: 2024-03-26 10:49:25
Summary
McDonald's and Krispy Kreme are expanding their partnership to all of McDonald's U.S. locations by the end of 2026. Krispy Kreme will more than double its distribution to reach McDonald's restaurants nationwide. Shares of Krispy Kreme soared 24% after the announcement, and the partnership is seen as a major opportunity for Krispy Kreme to expand its reach.
Sentiment: POSITIVE
Keywords: mcdonald's corp, business, restaurants, krispy kreme inc, lifestyle, retail industry, breaking news: business, business news,