Krispy Kreme, Inc. - DNUT STOCK NEWS

Krispy Kreme, Inc. (NASDAQ:DNUT) has announced that it will release its first quarter 2023 earnings results on May 11, 2023. To discuss these results, management will host a conference call at 8:00 AM EDT on the same day. Participants can join by dialing 1 (800) 599-5188 and entering conference ID 5487868. International callers can find the appropriate number here. A live audio webcast will also be available on the Krispy Kreme investor relations website. The earnings press release and related materials will be published on the website as well.

Krispy Kreme has announced its new Cookie Blast collection, launching on April 17 at participating locations in the U.S.. This collection features four unique doughnuts, including the OREO® and CHIPS AHOY!® Cookie Blast Doughnut, filled with two CHIPS AHOY!® cookies and OREO® filling. Other offerings include the CHIPS AHOY!® Candy Blasts® Doughnut, the CHIPS AHOY!® Cookie Dough Kreme™ Doughnut, and the OREO® Cookies & Kreme™ Filled Doughnut. The collection aims to attract cookie enthusiasts and doughnut lovers alike. The new items will be available for a limited time, in-store, or through the Krispy Kreme app and website. Additionally, select grocery stores will carry a 6-pack featuring two of the new doughnuts, enhancing accessibility.

Krispy Kreme is offering a promotional deal for Tax Day on April 18, where customers purchasing an Original Glazed® or Assorted dozen will only pay sales tax for a second Original Glazed® dozen. This initiative aims to support Americans facing inflation and reduced tax refunds. The offer is available in participating U.S. shops with a limit of two dozen per customer in-store and one for online orders. Pricing will vary based on state sales tax. Krispy Kreme emphasizes its commitment to enhancing customer experiences during tax season.

Krispy Kreme (NASDAQ: DNUT) will participate in the SHARE Series Conference at the New York Stock Exchange on Monday, April 10, at 2:00 p.m. Eastern Time. CEO Mike Tattersfield will present, and a live webcast will be available for investors, analysts, and interested parties on Krispy Kreme’s Investor Relations website. The presentation will also be available for replay for 90 days. Headquartered in Charlotte, N.C., Krispy Kreme operates over 12,000 fresh points of access across 30 countries, providing its iconic Original Glazed® doughnuts and enhancing lives through its community engagement efforts.

Krispy Kreme is making April Fools' Day sweeter by reintroducing its Pumpkin Spice Original Glazed® Doughnut for a limited time on April 1-2. This beloved seasonal doughnut will be available at participating shops across the U.S., both in-store and through delivery options via the Krispy Kreme app and website, while supplies last. The company aims to celebrate the season with its loyal customers, encouraging them to share their experiences on social media using #KrispyKreme. With over 30 countries in its operational network and nearly 12,000 points of access, Krispy Kreme remains committed to enhancing lives through its delicious products.

Krispy Kreme is launching its new Spring Mini doughnuts starting March 27, offering a limited-time collection inspired by spring flowers and baby animals. The collection features four unique flavors: Mini Bouncing Bunny, Mini Diving Duck, Mini Daffodil, and Mini Chocolate Iced with Spring Sprinkles. Customers can purchase these doughnuts in a custom 16-count box at participating U.S. shops or via the Krispy Kreme app and website. Additionally, select grocery stores will carry an assortment of Spring Minis. This initiative aims to enhance customer engagement during the spring season.

Krispy Kreme (NASDAQ: DNUT) has successfully completed a refinancing of its existing Term Loan A and Revolver Facilities, securing a new $700 million Term Loan A and a $300 million revolver, extending maturities to March 2028. This deal maintains the current net debt and introduces new creditors to their financing. CFO Jeremiah Ashukian expressed optimism about the company's strong balance sheet and growing cash flow, citing plans for capital-efficient growth. The company anticipates interest expenses between $39 and $43 million in the coming year.