Krispy Kreme Inc (NAS:DNUT)
$ 10.73 -0.16 (-1.47%) Market Cap: 1.82 Bil Enterprise Value: 3.13 Bil PE Ratio: 63.12 PB Ratio: 1.54 GF Score: 79/100

Krispy Kreme Inc at Evercore ISI Consumer & Retail Conference (Virtual) Transcript

Jun 14, 2023 / 01:30PM GMT
Release Date Price: $13.97 (-6.30%)
David Palmer;Mike Tattersfield
Evercore Group LLC - Analyst;Krispy Kreme, Inc. -

Good morning, everybody. Thanks again for joining the Evercore ISI Consumer Conference. For the 9:30 session here with Krispy Kreme, I'm really happy to be joined today with Mike Tattersfield, CEO; and CFO, Jeremiah Ashukian, for this virtual fireside chat.

Mike has served as President and CEO of Krispy Kreme since January 2017, overseeing the company's transformation from just a hub model to a hub-and-spoke model. During that tenure, things have at least seemed to be working as sales per hub with spokes has increased more than 50%, helped by that spoke build-out as points of distribution.

Jeremiah also brings deep experience to the bench, having served various CFO roles across North America and Latin America at Mars, prior to joining the company. We have plenty to discuss given all the different areas of growth that this company has, the multiple segments. But first, I know that the company wants to do an introduction with some slides, so I'll turn it over to them.

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