DNUT News & Events

Krispy Kreme "announced an agreement with Jafa Holding BV to bring Krispy Kreme to the Netherlands, with the country's first shop expected to open in late 2026. The expansion marks a significant milestone as the Company continues to grow globally through its capital-light franchise model. The first Netherlands Hot Light Theater Shop will feature the brand's iconic Hot Light experience and serve as both a retail location and a production hub, anchoring a broader phased expansion across the country. The Company expects approximately 30 locations to open over the next five years. Looking ahead, the Company expects to open at least 100 shops globally and three to four new international markets this year, including the Netherlands, as it continues to work with experienced franchise operators to bring the joy that is Krispy Kreme to more people in more places around the world."

The company states: "On March 23, 2026, Krispy Kreme completed a transaction with its joint venture partner, WKS Restaurant Group to increase WKS's ownership stake in the Western U.S. joint venture from 45% to 80% and expand the joint venture's footprint. The total amount payable to the Company in connection with the transaction is approximately $90 million with approximately $50 million of cash to the Company at closing, which it expects to use to reduce debt, and a note payable over time. Following the transaction, the joint venture added 23 shops in California and Hawaii that were previously operated by the Company. This is in addition to the joint venture's existing 50 shops across the Western U.S. and approximately 1,000 fresh delivery locations with strategic partners such as Kroger, Target, and Walmart. The joint venture has further agreed to develop additional shops and plans to expand Krispy Kreme's fresh delivery footprint over the next several years."