Krispy Kreme is selling a dozen donuts for 88 cents today. Here’s how you can get in on the deal

If you’re on the way to the office this morning and want to pick up some treats for your colleagues, you may want to swing by a Krispy Kreme. The donut chain is offering customers a great deal today: the chance to purchase a dozen Original Glazed donuts for less than a buck.

Here’s what you need to know about Krispy Kreme’s 88-cent dozen donuts deal.

Krispy Kreme celebrates 88th birthday with 88-cent dozen donuts deal

Krispy Kreme, the chain that is notorious for seemingly finding any excuse to give away its donuts, is celebrating its 88th birthday today. In honor of that birthday, Krispy Kreme is offering customers the chance to buy a dozen Original Glazed donuts for just 88 cents, with an additional purchase.

Krispy Kreme, which now operates in more than 40 countries, was founded in July 1937 by Vernon Rudolph. Rudolph, the company says, began selling his donuts to grocery stores, but when passersby crossed his kitchen, they smelled the scent of the sweet treats drifting across the sidewalk. Rudolph reportedly then cut a hole in the kitchen’s wall so that he could sell to these pedestrians directly.

Eighty-eight years later, the company’s name is synonymous with donuts. And today, you can get a great deal on a dozen of them.

Here’s how to get a dozen donuts for 88 cents

For one day only today (Friday, July 18), Krispy Kreme is offering customers the chance to buy a dozen Original Glazed donuts for just 88 cents when they purchase any dozen donuts at the regular price.

There are two ways to get your dozen Original Glazed donuts for just 88 cents today:

• Go to any Krispy Kreme shop and buy a dozen of any variety of donuts and tell the cashier you also want to pick up a dozen Original Glazed donuts for just 88 cents. 
• Buy a dozen of any variety of donuts from Krispy Kreme online for pickup or delivery and enter the code “BDAY” to redeem the option to grab a dozen Original Glazed donuts for just 88 cents.

The full terms of the 88-cent deal can be found here.

Free donuts are great, but maybe not for the stock

While Krispy Kreme fans may cheer the company’s 88th birthday deal, investors certainly aren’t cheering Krispy Kreme’s (Nasdaq: DNUT) stock price this year.

In early May, DNUT shares plummeted nearly 30% after the company suspended its dividend payments. At the same time, Krispy Kreme also announced that it was reassessing its partnership with McDonald’s, which saw Krispy Kreme donuts sold in McDonald’s locations across the country.

A month later, the two food giants announced that their partnership was indeed ending this July. The companies cited cost issues that made the partnership “unsustainable.”

The McDonald’s news came after Krispy Kreme reported poor first-quarter 2025 financial results in early May. For the quarter, it posted revenue of $375.2 million, while previously forecasting revenue of over $385 million.

In fact, shares in Krispy Kreme have been trading lower for a while. Year to date, the company’s stock price is down over 68% as of yesterday’s close.

On Thursday, DNUT shares closed at $3.11.

That share price is a far cry from the $17 per share at which the company’s stock debuted in its initial public offering in July 2021. Since then, DNUT shares have declined more than 80%.

But if investors are looking for a little icing on the cake, they can at least take heart in DNUT’s recent stock price movement. Over the past month, Krispy Kreme shares are up over 14% as of yesterday’s close.