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Krispy Kreme Doughnuts, Inc. Message Board

  • therhatpack therhatpack Oct 27, 2000 1:39 PM Flag

    No surprise

    For all you hypsters who thought they could
    justify this absurdly high valuation by fostering rumors
    of a possible deal with Starbucks......I've got bad
    news for you.

    CEO of Starbucks was just on
    CNBC
    He was asked directly if a deal with KK is in the
    works, or even possible.

    His response:
    We have
    sold their product in certain areas on the east coast
    and people have embraced them.
    However, we must
    ensure and promote the strength of our brand in our
    endevor to become one of the most widely known brands
    globally.
    We are however looking into other similar
    deals.

    Good luck with your 100+ P/E donut shop

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