Krispy Kreme, Inc. (NASDAQ:DNUT) Q2 2024 Earnings Conference Call August 8, 2024 8:30 AM ET

Company Participants

Josh Charlesworth - President & CEO
Jeremiah Ashukian - CFO

Conference Call Participants

Sara Senatore - Bank of America Merrill Lynch
Rahul Krotthapalli - JPMorgan
Bill Chappell - Truist Securities
Dan Guglielmo - Capital One Securities

Operator

[Abrupt Start]

https://investors.krispykreme.com./ joining me on the call this morning are President and Chief Executive Officer Josh Charlesworth and Chief Financial Officer Jeremiah Ashukian. 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 or 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 from those contained in any forward looking statements. These factors and other risks and uncertainties are described in detail in the company's Form-10k filed with the SEC for the year ended December, 31, 2023 and in other filings we make from time to time with the SEC.

Forward looking statements made today are only as of today. The company assumes no obligation to publicly 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 our closest comparable GAAP measures can be found in our second quarter 2024 earnings press release and Form-8k filed today with the SEC and is also available at our investors.krispykreme.com, website.

Jeremiah will take us through our financial performance in a moment, but first, here's Josh.

Josh Charlesworth

Thanks Trey. Good morning everyone, and thank you for joining us. Our strategy of making fresh Krispy Kreme donuts more available around the world is working, and the excitement the brand creates has never been higher. This photo is from the recent opening of a Hot Light Theater in Ankara, Turkey, showing consumers lining up for our amazing, original glazed donuts hot off the production line. I want to thank our teams around the world for the great job they are doing making up fresh donuts available in more places, and for reminding people of the joy that is Krispy Kreme not just to eat but to share and give to others.