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The partnership starts rolling out later this year, and across the U.S. by the end of 2026.
Investors interested in Consumer Products - Staples stocks are likely familiar with Grocery Outlet Holding Corp. (GO) and Krispy Kreme (DNUT). But which of these two stocks offers value investors a better bang for their buck right now?
As we head into the last two days of a holiday shortened week, stocks are hoping to break a two-day losing streak.
Krispy Kreme (DNUT) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
Krispy Kreme shares spiked 39.4% after announcing an expansion of its partnership with McDonald's, potentially increasing revenue significantly. The partnership involves offering Krispy Kreme doughnuts for sale in McDonald's restaurants across the US. While the stock may not be attractively priced at the moment, long-term investors could see additional upside from the partnership.
McDonald's (MCD) reaches a deal to sell Krispy Kreme Donuts later this year. Kevin Green discusses this along with how McCormick (MKC) rallies after earnings.
Krispy Kreme Doughnuts Inc (NASDAQ:DNUT) shares soared close to 30% after McDonald's revealed it plans to sell its doughnuts across stores in the US. McDonald's Corp (NYSE:MCD, ETR:MDO) will begin to stock Krispy Kreme products in the second half of the year, but it expects it will take two years before the doughnut maker can up its distribution to meet the partnership's requirements.
Krispy Kreme has sold donuts at select McDonald's locations for more than a year. The two companies are ready to scale the partnership nationwide by 2026.
Krispy Kreme (NASDAQ: DNUT ) stock is rising higher on Tuesday after the doughnut company announced a collaboration with fast-food giant McDonald's (NYSE: MCD ). This team-up will allow customers of McDonald's to purchase Krispy Kreme doughnuts during their visits.
Krispy Kreme Inc (NASDAQ:DNUT ) stock is 21.9% higher at $15.17 at last glance, following news that the company will sell its donuts in McDonald's (MCD) restaurants in the U.S. by the end of 2026.