On this episode of Stock Movers:
- Krispy Kreme (DNUT) expects leverage to decline further this year as it advances its turnaround plan following the end of its US partnership with McDonald’s Corp. The Charlotte., N.C.-based company projects net leverage at or below 5.5 times in 2026 while generating positive cash flow. Leverage stood at 6.7 times at the end of 2025 and is expected to fall below 6 by the end of the first quarter, Chief Executive Officer Josh Charlesworth said in an interview.
- Papa John’s (PZZA) Papa John’s International Inc. shares slid after sales shrunk more than expected and the pizza chain’s outlook for the year also trailed estimates, suggesting customers are increasingly skimping on its fast-food pizza.
- Nutanix (NTNX) shares are soaring after Advanced Micro Devices said it will buy $150 million in the software company’s stock as part of a new partnership. The news was seen as overshadowing a reduced full-year forecast.
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