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Krispy Kreme - 1 Krispy - 1 Mike Tattersfield - 1 Seth Berkowitz - 1 Berkowitz - 1
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☆ Krispy Kreme puts Insomnia Cookies brand up for sale as it doubles down on donuts
  + stars: | 2023-10-03 | by ( Drew Richardson | ) www.cnbc.com   time to read: +1 min
In this photo illustration, a Krispy Kreme glazed doughnut is shown on May 12, 2022 in Daly City, California. Krispy Kreme is exploring strategic alternatives, including an all-cash sale, of its majority stake in Insomnia Cookies, the company said Tuesday. Krispy Kreme acquired control of Insomnia Cookies in 2018 in a deal backed by European investment firm JAB Holding, which had taken Krispy Kreme private in 2016. Krispy Kreme went public for the second time in 2021, at an implied valuation of $2.7 billion. Insomnia Cookies, which is known for serving cookies well into the early morning hours, has tripled its revenue since 2017, Krispy Kreme said Tuesday.
Persons: Krispy Kreme, Krispy, Mike Tattersfield, Seth Berkowitz, Berkowitz Organizations: CNBC, University of Pennsylvania Locations: Daly City , California
☆ Krispy Kreme CEO on McDonald's partnership, state of the consumer and expansion
  + stars: | 2023-04-14 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKrispy Kreme CEO on McDonald's partnership, state of the consumer and expansionMike Tattersfield, Krispy Kreme CEO, joins 'Closing Bell: Overtime' to discuss the state of the consumer and expansion of the company.
☆ McDonald's to sell Krispy Kreme doughnuts at 9 locations in latest menu experiment
  + stars: | 2022-10-18 | by ( Amelia Lucas | ) www.cnbc.com   time to read: +2 min
McDonald's will sell Krispy Kreme doughnuts in select restaurants later this month for the first time. Starting Oct. 26, the fast-food giant will sell Krispy Kreme doughnuts at nine locations in the Louisville, Kentucky, area as part of a test. McDonald's said the test will help it learn more about how teaming up with Krispy Kreme would affect its operations. Participating McDonald's locations will sell the doughnuts all day, but the treats won't be available for delivery. Krispy Kreme will deliver fresh doughnuts daily to the McDonald's restaurants, according to McDonald's.
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