Krispy kreme explores strategic alternatives for insomnia cookies

Charlotte, n.c.--(business wire)--krispy kreme, inc. (nasdaq: dnut) today announced it is exploring strategic alternatives for insomnia cookies, to include considering an all-cash sale. krispy kreme acquired a majority stake in insomnia cookies in 2018 and expects revenues of approximately $230 million in fiscal year 2023. today's decision enables krispy kreme to unlock shareholder value and focus on its core strategy of producing, selling and distributing fresh doughnuts daily. “we acquired a.
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