WINSTON-SALEM, North Carolina,
Dec. 6, 2012 /PRNewswire/ -- As
the company builds on its growth momentum in existing and new
international markets, Krispy Kreme Doughnut Corporation will
celebrate its 500th international store in operation with the
opening tomorrow of a new franchise shop in Aguascalientes, Mexico. Since opening
its first international location 11 years ago, the Company has
strategically expanded its brand footprint into 20 international
markets across Latin America,
Asia Pacific, the Middle East, and the United Kingdom.
With recently announced development agreements for Moscow, India, and Singapore, Krispy Kreme continues to grow its
international presence in key markets around the world.
(Photo: http://photos.prnewswire.com/prnh/20121206/CL24253 )
Krispy Kreme Doughnuts first opened in Mexico in 2004, and the new Aguascalientes store is the 90th Krispy Kreme
store in Mexico. The Mexico
franchise is owned and operated by Taco Holding, S.A. de C.V, a
dynamic and successful group that was recently named Krispy Kreme's
2012 International Franchisee of the Year. Several exciting
promotional activities are planned for fans as part of the new
store opening.
"Sharing the unique Krispy Kreme brand experience with more and
more fans around the globe is incredibly rewarding," said
Jeff Welch, Krispy Kreme President -
International. "Aguascalientes is
our 500th international store in operation, and I believe we have
only just begun to see what is possible for our brand
globally. A free-standing fresh store, it exemplifies and
demonstrates the strength of our hub and spoke model
approach. As a result of a strategic approach to
international growth, today we have commitments for nearly 400
additional international locations, so we are well on our way to
meeting our corporate goal of 900 international stores by the end
of FY17."
"We are honored to be opening the 500th international Krispy
Kreme store as we now enter the Aguascalientes market in Mexico," said Ramon
Soler, Executive Director Krispy Kreme Mexico, and COO of
Taco Holding. "Our partnership with Krispy Kreme has never
been stronger, and today we salute and celebrate with them on
achieving such a significant milestone."
Krispy Kreme President and Chief Executive Officer, Jim Morgan, commented, "Krispy Kreme is a unique
and beloved brand around the world, and we could not be more proud
of our successful international operations team and our
international franchisees than we are on this significant
occasion."
The Krispy Kreme Original Glazed® doughnut can be found in over
730 locations in 21 countries, including Australia, Bahrain, Canada, China, Dominican
Republic, Indonesia,
Japan, Kuwait, Lebanon, Malaysia, Mexico, the
Philippines, Puerto Rico,
the Republic of Korea, Qatar, the
Kingdom of Saudi Arabia,
Thailand, Turkey, the United
Arab Emirates, the United
Kingdom and the United States.
About Taco Holding, S.A. de C.V
Taco Holding, S.A. de C.V is the licensed franchisee of Krispy
Kreme Doughnut Corporation in Mexico. Founded in March 2011, Taco Holding also has the rights to
the premium-quality brands Arrachera House, Sixties Burger, Sbarro,
Neve Gelato and Cafe Diletto. Taco Holding has more than 300
retail locations in Mexico and
more than 2,000 employees. www.tacoholding.com
About Krispy Kreme
Krispy Kreme (NYSE: KKD) is a leading branded specialty
retailer and wholesaler of premium quality sweet treats and
complementary products, including its signature Original Glazed®
doughnut. Headquartered in Winston-Salem, NC, the Company has offered the
highest quality doughnuts and great tasting coffee since it was
founded in 1937. Connect with Krispy Kreme at
krispykreme.com and on Facebook, Foursquare, Twitter and
YouTube.
Information contained in this press release, other than
historical information, should be considered forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements are based on
management's beliefs, assumptions and expectations of our future
economic performance, considering the information currently
available to management. These statements are not statements
of historical fact. Forward-looking statements involve risks
and uncertainties that may cause our actual results, performance or
financial condition to differ materially from the expectations of
future results, performance or financial condition we express or
imply in any forward-looking statements. The words "believe,"
"may," "could," "will," "should," "would," "anticipate,"
"estimate," "expect," "intend," "objective," "seek," "strive" or
similar words, or the negative of these words, identify
forward-looking statements. Factors that could contribute to
these differences include, but are not limited to: the
quality of Company and franchise store operations; our ability, and
our dependence on the ability of our franchisees, to execute on our
and their business plans; our relationships with our franchisees;
our ability to implement our international growth strategy; our
ability to implement our new domestic small shop operating model;
political, economic, currency and other risks associated with our
international operations; the price and availability of raw
materials needed to produce doughnut mixes and other ingredients,
and the price of motor fuel; our relationships with wholesale
customers; our ability to protect our trademarks and trade secrets;
changes in customer preferences and perceptions; risks associated
with competition; risks related to the food service industry,
including food safety and protection of personal information;
compliance with government regulations relating to food products
and franchising; and increased costs or other effects of new
government regulations relating to healthcare benefits. These
and other risks and uncertainties, which are described in more
detail in the Company's most recent Annual Report on Form 10-K and
other reports and statements filed with the United States
Securities and Exchange Commission, are difficult to predict,
involve uncertainties that may materially affect actual results and
may be beyond the Company's control, and could cause actual results
and developments to be materially different from those expressed or
implied by any of these forward-looking statements. New
factors emerge from time to time, and it is not possible for
management to predict all such factors or to assess the impact of
each such factor on the Company. Any forward-looking
statement speaks only as of the date on which such statement is
made, and the Company does not undertake any obligation to update
any forward-looking statement to reflect events or circumstances
after the date on which such statement is made.