Reported August 10, "Krispy Kreme Ponders Expansion Amid A Successful McDonald's Test" - Restaurant Business
Portfolio Pulse from Happy Mohamed
Krispy Kreme is considering expansion following a successful test of selling doughnuts in 160 McDonald's locations in Kentucky. The company has found that it can service fast-food restaurants with doughnuts, similar to its operations in grocery stores and gas stations. Krispy Kreme CFO Josh Charlesworth stated that the company could serve more McDonald's stores, but expansion is dependent on McDonald's decision. The test could reveal Krispy Kreme's limitations as the doughnut chain has a limited number of shops or hubs where it makes doughnuts for delivery. The company is considering increasing its doughnut-making capacity in more parts of the country.
August 11, 2023 | 1:44 pm
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Krispy Kreme's successful test with McDonald's could lead to expansion, increasing its doughnut-making capacity and potentially boosting its revenues.
The successful test with McDonald's indicates a potential for Krispy Kreme to expand its operations and increase its revenues. However, the expansion is dependent on McDonald's decision.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
McDonald's successful test with Krispy Kreme could lead to an expansion of the partnership, potentially increasing its product offerings and customer base.
The successful test with Krispy Kreme indicates a potential for McDonald's to expand its product offerings and attract more customers. However, the decision to expand the partnership lies with McDonald's.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80