WINSTON-SALEM, NC. — Noting that its international markets have a “proven model” for what its hub-and-spoke model should look like, Krispy Kreme, Inc. now will look to mirror that success in the United States and Canada, said Michael J. Tattersfield, president and chief executive officer.

“As of the end of the quarter, we had over 5,700 points of access (in the United States and Canada) and saw sales per hub of $3.8 million on a trailing 12-month basis, up 15% from a year ago,” Mr. Tattersfield said during a Nov. 9 conference call to discuss third-quarter financial results. “Expansion of this model will enable us to increase our margins and sales per hub to align more closely to those we see in our international segment at a manageable cost, thanks to our capital-efficient model. In hubs that we converted in the last two years, we’re seeing great success. Delivered Fresh Daily, or DFD, is driving incredibly strong…

Read more…

Share.

Comments are closed.