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Krispy Kreme, Inc. - DNUT STOCK NEWS

Welcome to our dedicated page for Krispy Kreme news (Ticker: DNUT), a resource for investors and traders seeking the latest updates and insights on Krispy Kreme stock.

Krispy Kreme, Inc. (symbol: DNUT) is a renowned retailer and wholesaler of high-quality doughnuts and packaged sweets, with a rich history dating back to 1937. The company is celebrated for its iconic Original Glazed® doughnut, known for its hot-off-the-line, melt-in-your-mouth experience. Krispy Kreme operates through a network of fresh Doughnut Shops, strategic partnerships with retailers, and a growing ecommerce and delivery business.

Organized into three primary segments, Krispy Kreme's operations are extensive:

  • U.S. Segment: This includes all operations in the U.S. and Canada, encompassing Insomnia Cookies shops and the Branded Sweet Treat Line.
  • International Segment: Covers operations in the U.K., Ireland, Australia, New Zealand, and Mexico.
  • Market Development Segment: Encompasses franchise operations globally, including significant markets like Japan.

Krispy Kreme derives the majority of its revenue from the U.S. segment. The company is continually innovating and expanding, with recent achievements including partnerships with major retailers and the enhancement of their ecommerce platform to cater to a broader audience.

Additionally, Krispy Kreme has launched several successful marketing campaigns and community initiatives, reinforcing their commitment to delivering joy through their sweet treats. The company's financial condition remains robust, driven by consistent demand and strategic growth in both domestic and international markets.

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Krispy Kreme (NASDAQ:DNUT) has announced a quarterly cash dividend of $0.035 per share of common stock. The dividend was declared on December 13, 2024, and will be paid on February 5, 2025, to shareholders of record as of January 22, 2025. This dividend declaration is consistent with the company's established dividend policy.

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Krispy Kreme (DNUT) announces its annual 'Day of the Dozens' promotion for December 12, offering customers a FREE dozen Original Glazed® Doughnuts with the purchase of any dozen at regular price. The offer is available in-shop and via drive-thru only, with a limit of two free dozens per guest at participating locations.

Additionally, the company is featuring its Merry Grinchmas Doughnut Collection, introducing three new Grinch-themed doughnuts: the Grinch Doughnut, Grinchy Claus Doughnut, and Cindy-Lou Who Merry Berry Tree Doughnut. The collection also includes two returning holiday favorites: the Santa Belly Doughnut and Holiday Sprinkle Doughnut.

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Krispy Kreme introduces its new Merry Grinchmas Doughnut Collection starting November 29, featuring three new Dr. Seuss-themed doughnuts: the Grinch Doughnut filled with Cookies & KREME, Grinchy Claus Doughnut, and Cindy-Lou Who Merry Berry Tree Doughnut. The collection also includes two returning favorites: Santa Belly and Holiday Sprinkle doughnuts. Additionally, the company announces the return of its popular 'Day of the Dozens' promotion on December 12, offering customers a $1 Original Glazed dozen with the purchase of any dozen at regular price.

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Krispy Kreme (NASDAQ: DNUT) reported Q3 2024 financial results with net revenue of $379.9 million, representing a 6.8% decline from the previous year. The company achieved organic revenue growth of 3.5% to $376.4 million. GAAP net income was $37.6 million, primarily due to the sale of Insomnia Cookies stake. Adjusted EBITDA decreased 20.7% to $34.7 million, with margin declining to 9.1%. Global Points of Access increased 18% to 15,811. The company highlighted its McDonald's partnership expansion and expects to be in nearly 2,000 McDonald's restaurants by end of 2024.

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Krispy Kreme introduces a new Thanksgiving Pies Doughnut Collection featuring four pie-inspired treats available from November 7 through Thanksgiving. The collection includes: Chocolate Silk Pie Doughnut, Lemon Creme Pie Doughnut, Blueberry Crisp Doughnut, and Apple Crumble Doughnut. The doughnuts are available in-shop, for pickup, delivery via app and website, and as 6-packs at select retailers.

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Krispy Kreme announced it will offer a free Original Glazed doughnut to all guests at participating U.S. locations on Election Day, November 5. The 'Doughmocracy' celebration includes distributing 'I Voted' stickers at participating shops while supplies last. The promotion is to one doughnut per guest and aims to celebrate participation in the federal election. Global Chief Brand Officer Dave Skena emphasized the company's commitment to celebrating democratic participation through this sweet offering.

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Krispy Kreme (NASDAQ:DNUT) has announced it will release its third quarter 2024 earnings results on Thursday, November 7, 2024. The company will host a conference call with management at 8:30AM ET on the same day. Investors can join via phone using conference ID 1277949 or listen to the live audio webcast on Krispy Kreme's investor relations website. A replay will be available within 24 hours after the call, along with the earnings press release and related materials.

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Krispy Kreme® is celebrating the biggest supermoon of 2024 with a special Supermoon Super Doughnut, available only on October 17 at participating U.S. shops. This cosmic treat is inspired by the Hunter's Supermoon, which will be the closest the moon comes to Earth this year.

The Supermoon Super Doughnut features:

  • An unglazed doughnut filled with cookies & Kreme™ filling
  • Dipped in yellow icing
  • Swirled with chocolate cookie pieces

Customers can purchase the doughnut individually or as part of a Supermoon Super Doughnuts specialty dozen, which includes six Supermoon Super Doughnuts and six Original Glazed® Doughnuts. The specialty dozen is available for pickup or delivery via Krispy Kreme's app and website, while supplies last.

This -time offer is Krispy Kreme's latest in a series of popular space-themed doughnuts, following previous creations like the Total Solar Eclipse Doughnut and the Artemis Moon Doughnut.

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Krispy Kreme is celebrating the first phase of its expansion to McDonald's restaurants by offering a free Original Glazed® doughnut to anyone who shows a McDonald's receipt dated between Oct. 10 and 14 at participating U.S. Krispy Kreme shops nationwide. This promotion coincides with the arrival of Krispy Kreme doughnuts at Chicago-area McDonald's restaurants starting Oct. 15.

Three popular Krispy Kreme doughnuts will be available all day at participating McDonald's restaurants in Chicago: the Original Glazed® Doughnut, the Chocolate Iced with Sprinkles Doughnut, and the Chocolate Iced Kreme™ Filled Doughnut. These doughnuts will be delivered fresh daily.

Krispy Kreme plans to expand to more than 1,000 McDonald's restaurants by the end of this year and a total of 12,000 by the end of 2026.

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Krispy Kreme introduces the Krispy Kreme® x Ghostbusters Collection for Halloween, celebrating the 40th anniversary of the iconic 1984 film. Available from October 7 at participating shops, the -time collection features four themed doughnuts:

  • Ghostbusters Cookies N' Creme Doughnut made with OREO®
  • Slimer Doughnut
  • Ecto-Sprinkled Doughnut
  • Stay Puft Marshmallow Man Doughnut Pull-Apart

The collection comes in a custom Ghostbusters specialty box and is accompanied by a new Slimer's Slime-ade drink. On October 31, customers wearing Halloween costumes can get a free Original Glazed® doughnut at participating shops. A 6-count Assorted Doughnuts box will also be available in select grocery stores.

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FAQ

What is the current stock price of Krispy Kreme (DNUT)?

The current stock price of Krispy Kreme (DNUT) is $9.46 as of December 20, 2024.

What is the market cap of Krispy Kreme (DNUT)?

The market cap of Krispy Kreme (DNUT) is approximately 1.6B.

What does Krispy Kreme, Inc. specialize in?

Krispy Kreme, Inc. specializes in the retail and wholesale of high-quality doughnuts and packaged sweets, including their famous Original Glazed® doughnut.

When was Krispy Kreme founded?

Krispy Kreme was founded in 1937.

What is the Krispy Kreme, Inc. stock symbol?

The stock symbol for Krispy Kreme, Inc. is DNUT.

What are the main operating segments of Krispy Kreme?

Krispy Kreme operates through three main segments: U.S. (including Insomnia Cookies and Branded Sweet Treat Line), International, and Market Development.

Where does Krispy Kreme derive most of its revenue?

Krispy Kreme derives the majority of its revenue from the U.S. segment.

What products does Krispy Kreme offer?

Krispy Kreme offers over 20 varieties of doughnuts, including the Original Glazed® doughnut, as well as a range of coffees and other beverages.

How does Krispy Kreme distribute its products?

Krispy Kreme distributes its products through Doughnut Shops, partnerships with retailers, and an ecommerce and delivery business.

In which countries does Krispy Kreme have operations?

Krispy Kreme has operations in the U.S., Canada, U.K., Ireland, Australia, New Zealand, Mexico, and Japan.

What recent achievements has Krispy Kreme made?

Recent achievements include partnerships with major retailers and the enhancement of their ecommerce platform.

What is unique about Krispy Kreme's Original Glazed® doughnut?

The Original Glazed® doughnut is celebrated for its hot-off-the-line, melt-in-your-mouth experience.

Krispy Kreme, Inc.

Nasdaq:DNUT

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DNUT Stock Data

1.64B
77.68M
53.33%
52.95%
10.69%
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