CEO expects consumer trends to remain soft in near term.

Krispy Kreme restructuring, lowers earnings guidance.

Company opens potato plant in Kruiningen.

CEO says leading brands “continue to outperform the competition.”

CPG executives are “poised to strike” if the right deal comes along, CoBank says.

Company does not see conditions improving until the second half of 2025.
 

CEO credits higher sales volumes and new products.

Company outlined approach to both during investor day presentation.
 

Deal brings opportunities to boost share of global packaged cakes and pastries market.

New CEO focused on simplifying menu, pricing and app.