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Krispy Kreme pauses doughnut sale expansion at McDonald's due to financial struggles.
Krispy Kreme has paused its doughnut partnership at 2,400 McDonald's US locations, delaying plans to expand to all McDonald's restaurants by 2026.
This move follows Krispy Kreme's declining stock value and a 15% drop in first-quarter revenue.
The company is reassessing its strategy and has withdrawn its full-year financial outlook.
Shares of Krispy Kreme fell 25% after the announcement.
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Krispy Kreme suspende la expansión de la venta de rosquillas en McDonald's debido a problemas financieros.