Krispy Kreme
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Krispy Kreme (DNUT) investor relations material

Krispy Kreme 28th Annual ICR Conference 2026 summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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28th Annual ICR Conference 2026 summary12 Jan, 2026

Growth Strategy and Brand Expansion

  • Operates in over 40 countries with approximately 2,100 shops and 15,000 points of access worldwide, with less than 15% U.S. household penetration.

  • Recent market entries in Brazil and France saw strong consumer response, supporting global expansion.

  • Achieved over 100 billion media impressions in FY24, reflecting strong brand visibility.

Turnaround Plan and Strategic Initiatives

  • Turnaround plan emphasizes sustainable, capital-light, and profitable growth, including refranchising, deleveraging, and restructuring joint ventures.

  • Focused on deleveraging the balance sheet and driving sustainable, profitable growth.

  • Pursuing U.S. growth based on sustainable and profitable revenue streams.

Refranchising and Financial Impact

  • Active refranchising internationally, including a $65M Japan deal expected to close in Q1 2026, with proceeds used for debt reduction.

  • Ongoing discussions to refranchise additional international markets and reduce U.S. ownership in select JV partnerships.

  • Current Japan network includes 89 shop locations and 300 fresh delivery points of access.

Explain refranchising's impact on debt paydown
What are the benefits of outsourcing US logistics?
How does 25% production utilization enable growth?
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Q4 202526 Mar, 2026
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Frequently asked questions

Krispy Kreme Doughnuts, known for its distinctive taste and high-quality ingredients, offers a wide variety of doughnuts, including traditional glazed varieties and non-traditional offerings such as the original Glazed Holes and chocolate covered options. In addition to offering coffee, hot tea and other beverages, Krispy Kreme also sells packaged doughnuts that can be baked at home.

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