Krispy Kreme Doughnuts, Inc. operates as a branded retailer and wholesaler of doughnuts and packaged sweets. It engages in owning and franchising Krispy Kreme doughnut stores, which make, sell, and distribute approximately 20 varieties of doughnuts, including various packaged and unpackaged doughnuts, such as hot Original Glazed doughnuts, as well as beverages, which include drip coffees, espresso-based coffees, coffee-based and noncoffee-based frozen drinks, and packaged and fountain beverages. The company also provides doughnut mixes, supplies, and ingredients to franchisees; manufactures and sells doughnut-making equipment; and sells smaller machines, such as tunnel ovens and products that are used in hot shops, which are manufactured by others. As of February 1, 2009, it operated 523 Krispy Kreme stores in the United States, the District of Columbia, Australia, Bahrain, Canada, Indonesia, Japan, Kuwait, Lebanon, Mexico, the Philippines, Puerto Rico, Qatar, Saudi Arabia, South Korea, the United Arab Emirates, and the United Kingdom, of which 93 were company owned stores and 430 were operated by the franchisees. The company offers its products through on-premises sales, which comprise sales to customers visiting its factory and satellite stores, including sales made through drive-through windows along with discounted sales to community organizations; and off-premises sales, which comprise sales to various retail customers, such as convenience stores, grocery stores/mass merchants, and other food service and institutional accounts. Krispy Kreme Doughnuts, Inc. was founded in 1937 and is headquartered in Winston-Salem, North Carolina.
$3.95 (05/06/09)
