Big Law

Krispy Kreme Shares Surge as U.S. Partnership With McDonald’s Goes National

Krispy Kreme DNUT.O said its donuts would be available across McDonald’s MCD.N U.S. restaurants by the end of 2026 as the companies expand a pilot project, sending its shares surging 23% on Tuesday.

The companies were testing the program in 160 McDonald’s restaurants in the Lexington and Louisville, Kentucky areas as part of the partnership that began in October 2022.

The phased roll-out of the program will begin in the second half of 2024, the companies said.

Read the source article at Nasdaq

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