Play media Krispy Kreme donuts being prepared high quality Krispy Kreme began another phase of rapid expansion in the s, opening stores outside the southeastern United States where most of their stores were located. Then, in DecemberKrispy Kreme opened its first store outside the U. The market initially considered the company as having "solid fundamentals, adding stores at a rapid clip and showing steadily increasing sales and earnings. This explanation was viewed with skepticism by analysts, as "blaming the Atkins diet for disappointing earnings carried a whiff of desperation",  and as rival donut chain, Dunkin' Donuts has not suffered from the low-carb trend over the same compared period.
JAB Holding, parent company of JAB Beech, is a Germany-based privately held group focused on long-term investments in companies with premium brands, attractive growth and strong margin dynamics in the consumer goods category.
Its portfolio includes controlling stakes in Keurig Green Mountain, a leader in single-serve coffee and beverage technologies, and Jacobs Douwe Egberts JDEthe largest pure-play fast-moving consumer goods FMCG coffee company in the world, among other companies. Krispy Kreme has been an iconic brand for nearly 80 years, said chairman Jim Morgan.
We look forward to working with JAB to continue bringing the joy that is Krispy Kreme to a growing number of customers. Together with our talented team and our passionate franchisees, we will continue to build on the Krispy Kreme culture, values and commitment to our customers and guests.
This is yet another example of our commitment to investing in extraordinary brands with significant growth prospects. Founded inKrispy Kreme is a leading branded specialty retailer and wholesaler of sweet treats and complementary products, including its signature Original Glazed doughnut.
It operates more than 1, shops in more than 26 countries around the world.Krispy Kreme is a retailer and wholesaler of doughnuts complementary beverages and treats and packaged sweets. The stock closed yesterday’s trading session at $ In the past year, the stock has hit a week low of $ and week high of $ Krispy Kreme is an international retailer of sweet treats, including its signature hot Original Glazed doughnut.
Headquartered in Winston-Salem, NC, the company was founded in and can be found in approximately locations in 18 countries, including the United States, Australia, Bahrain, Canada, Indonesia, Japan, Kuwait, Lebanon, Malaysia, Mexico, the Philippines, Puerto Rico, the.
Krispy Kreme Doughnuts Inc is business that is involved in retail and wholesale of packaged sweets and doughnuts. Its initial business is franchising and also owning Krispy Kreme stores.
At the beginning of , they had outlets in America and shops all over the world. See what women say about Krispy Kreme Doughnuts, Inc.'s benefits.
Krispy Kreme's potential is touted in this one statement - sixty-five percent of its brand awareness is unaided by the company. That displays the force of a customer's word-of-mouth referral. Krispy Kreme Doughnuts agreed to be acquired by a unit of JAB Holding for about $ billion, a deal that would put the doughnut maker under the same umbrella as Keurig and other coffee companies.