Krispy Kreme stock dropped 60% amid high valuation, debt risks, and underperforming McDonald's partnership. Click to read more on my DNUT stock analysis.

Krispy Kreme does not expect to launch in any additional restaurants in the second quarter of 2025. The North Carolina-based company’s doughnuts are already available in about 2,400 McDonald’s locations.

The doughnut chain is aiming to sweeten Americans’ Wednesday by offering all guests one free Original Glazed doughnut on May 7, both in store or at the drive-thru. The brand notes that the deal is limited to one doughnut per customer, but no purchase is necessary — and unlike with air travel, no ID is required.