RISE - Menu Monitor

Krispy Kreme plans to open a drive-thru at its first freestanding store in the Philippines. The outlet will be 200 square meters
and is slated to debut in late June at the Greenhills Shopping Center. (BusinessWorld 4/17/07)
Krispy Kreme plans to open an additional 60 international outlets this year. The company recently opened about 30 new units
on top of the 28 international locations already in operation. Krispy Kreme did not specify the countries in which it expects to
expand. (Nation’s Restaurant News 4/23/07 p9)
Krispy Kreme, Dunkin’ Donuts and Mister Donut are expanding store counts in China, Taiwan, South Korea and Japan as
Western fast food gains popularity in Asia. The first donut chains in Asia have exceeded targeted sales and experienced long
lines of customers. (TheStar.com 6/12/07)
Krispy Kreme opened its first unit in Saudi Arabia November 14. The new Jeddah location was opened with Americana Group
Middle East, a Krispy Kreme master developer for the region. (Maktoob.com 11/19/07)
Technology |
Krispy Kreme units are among the first restaurants to accept Barclaycard OnePulse cashless payments in London, England.
For purchases of £10 or under, cardholders touch their card against the reader instead of entering a PIN or a signature. In
addition, cardholders use a standard chip and PIN credit card for larger transactions. Barclaycard predicts that consumers will
be able to use its cashless card at several thousand retailers by the end of the year. (ClickPress 8/29/07)
Personnel |
Stanley Parker, S.V.P. of Marketing
Steve Lineberger, S.V.P. of Operations
Daryl Brewster, CEO
Douglas R. Muir, CFO
Steve Brunner, S.V.P. of Supply Chain
Krispy Kreme is realigning its operations for franchised and company stores. As part of the changes, Steve Lineberger will
become senior vice president and general manager of U.S. company operations and Jeff Welch will become senior vice
president and general manager of global franchise operations and development. Previously, Lineberger served as chief
executive with Sara Lee Corporation and Welch served as vice president of franchising and business development for what is
now Yum! Brands Inc. In addition, Krispy Kreme Executive Vice President of Operations Jeff Jervik resigned, effective
September 1. (Phz.corporate-ir.net 8/24/07)
News & Other |
Krispy Kreme Doughnuts Inc. reported overdue quarterly results for fiscal 2006. For the first quarter ended May 1 2005, the
company reported a net loss of $53.4 million from a loss of $26.5 million for the same period last year. Revenues decreased
16.8% to $152.5 million from $183.4 million. For the second quarter ended July 31 2005, the company reported a net loss of
$14.9 million from a profit of $6.8 million. Revenues fell 25.7% to $139.8 million from $188.2 million. For the third quarter
ended October 30 2005, the company reported a net loss of $29.7 million from a loss of $142.5 million for the same period last
year. Revenues dropped 26.1% to $128.8 million from $174.4 million. (Company Release 11/9/06)
Krispy Kreme has partnered with the 13th annual “Today Show Toy Drive” to give less-fortunate children across the country a
happier holiday. The drive began on November 20 with customers visiting store locations to drop off new and unused toys.
(Company Release 11/20/06)
Krispy Kreme Doughnuts Inc. reported for the third quarter ended October 29 revenues decreased 9.3% to $117 million from
$129 million for the same period last year. Same-store sales fell 9%. (Company Release 12/11/06)
Krispy Kreme Doughnuts Inc. reported for the first quarter a net loss of $6 million from a loss of $53.4 million for the same
period last year. Revenues fell 21.7% to $119.4 million. (Company Release 12/22/06)
Krispy Kreme Doughnuts Inc. reported for the second quarter a net loss of $4.6 million from a loss of $14.9 million for the
same period last year. Revenues decreased 19.5% to $112.5 million from $139.8 million. (Company Release 1/19/07)
Krispy Kreme Doughnuts Inc. announced that it has filed with the Securities and Exchange Commission its Form 10-Q for the
third quarter of 2005, following the company’s first, second and third quarter filings of fiscal 2007, making the company current.
(Company Release 1/29/07)
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