McDonald's and Krispy Kreme discuss expanding partnership, Oatly disappoints

Krispy Kreme is in advanced discussions with McDonald's to expand their partnership, potentially making Krispy Kreme doughnuts available at more McDonald's locations. The CEO of Krispy Kreme expressed excitement about the partnership and mentioned investments in the US to further scale their Delivered Fresh Daily network. McDonald's initially tested selling Krispy Kreme doughnuts at nine locations in Kentucky last year and expanded the market test to around 160 Kentucky locations in February. Despite the potential expansion, Krispy Kreme shares fell after the company's third-quarter earnings report, which showed revenue below Wall Street's estimates.