Krispy Kreme launched a turnaround plan a year ago after its ambitious McDonald’s partnership fizzled out, leaving the chain with a heavy load of debt and without a major revenue stream. During Krispy Kreme’s second quarter 2026 earnings call Thursday before market, CEO Josh Charlesworth said significant progress has been made. Krispy Kreme has also entered into agreements to debut in three additional international markets, including the Netherlands, Estonia, and Mauritius. In April, Krispy Kreme completed the outsourcing of its U.S. delivery logistics, which contributed to margin expansion. Finally, Krispy Kreme increased its fresh delivery doors by 448 in the U.S., including with retail partners such as Walmart, Target, and Costco.