Krispy Kreme (DNUT) Announces Expansion Into Spain

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Krispy KremeĀ® Announces Expansion Into Spain

August 1, 2024 8:00 AM EDT

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Krispy Kreme, Inc. (NASDAQ: DNUT) today announced a joint venture with Glaseadas Originales to bring one of the worlds most loved sweet treats to Spain in 2025. The brand will offer its iconic, fresh doughnuts to Spanish consumers starting with a Hot Light Theater Shop in Madrid.

During the next five years, Krispy Kreme, a minority investor in the venture, expects to create more than 500 fresh points of access across key cities including Madrid, Barcelona, Valencia, and Malaga.

The companys strategy is clear: make... More