Krispy Kreme Inks Franchise Development Agreement With Original Entrepreneurs To Open 33 Outlets Across New York Metro

Krispy Kreme, Inc. (NASDAQ: DNUT) ("Krispy Kreme", "KKI", or the "Company") today announced a franchise development agreement with Original Entrepreneurs LLC ("Original Entrepreneurs") to open 33 Krispy Kreme shops across the New York metro area over the next five years, expanding the brand's presence in one of the country's largest consumer markets.

The shops will be developed in New York City and the surrounding region, including Long Island and New Jersey. The Original Entrepreneurs group, a long-time Krispy Kreme franchisee and experienced quick-service restaurant operator, currently operates 12 Krispy Kreme shops.