Krispy Kreme, Inc. (NASDAQ:DNUT) Q2 2023 Earnings Conference Call August 10, 2023 8:30 AM ET

Company Participants

Eloise Hale - Vice President of Global Corporate Communications

Michael Tattersfield - President and Chief Executive Officer

Josh Charlesworth - Global President and Chief Operating Officer

Jeremiah Ashukian - Chief Financial Officer

Conference Call Participants

Sara Senatore - Bank of America

John Ivankoe - JPMorgan

Jon Tower - Citi

Brian Mullan - Piper Sandler

David Palmer - from Evercore ISI

Brian Harbour - Morgan Stanley

Bill Chappell - Truist Securities

Andrew Wolf - C.L. King

Operator

Thank you for standing by. My name is Maria and I will be your conference operator today. At this time, I would like to welcome everyone to the Krispy Kreme Second Quarter 2023 Earnings Call. All lines have been placed on mute to prevent any background noise. After the speaker remarks there will be a question-and-answer session. [Operator Instructions] Thank you.

I would like to just turn the call over to Ms. Eloise Hale, Vice President of Global Corporate Communications. Ms. Hale, please go ahead.

Eloise Hale

Good morning, everyone and welcome to Krispy Kreme's second quarter 2023 earnings call. Thank you all for joining us today. Our earnings release and accompanying earnings presentation deck are available on the Investor Relations portion of our website at investors.krispykreme.com.

Joining me on the call this morning are Mike Tattersfield, President and Chief Executive Officer; Josh Charlesworth, Global President and Chief Operating Officer; and Jeremiah Ashukian, Chief Financial Officer. After prepared remarks, there will be a question-and-answer session.

Before we begin, I would like to remind you that this call contains forward-looking statements made pursuant to the Safe Harbor provisions of the Private Securities and Litigation Reform Act of 1995, including statements of expectations, future events and future financial performance. Forward-looking statements involve a number of inherent risks and uncertainties, and we caution investors that these risks could cause actual results to differ materially than those contained in any forward-looking statements.

These factors and other risks and uncertainties are described in detail in the company’s Form 10-K filed with the SEC on March 02, 2023 and in other filing that we make from time-to-time with the SEC. Forward-looking statements made today speak only as of today. The company assumes no obligation to publically update or revise any forward-looking statements, except as may be required by law.

Additionally, today’s call will include certain non-GAAP financial measures. A reconciliation between non-GAAP financial measures and their closest comparable GAAP measures can be found in the company’s second quarter 2023 earnings release and Form 8-K filed today. Both are available at investors.krispykreme.com.