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.
Krispy Kreme introduces its limited-edition Valentine’s Day Dozen starting Jan. 30, featuring doughnuts made with real HERSHEY’S chocolate. This specially curated box includes heart-shaped treats such as HERSHEY’S I Pick You, HERSHEY’S Double Chocolate KISS, HERSHEY’S Strawberry Dream, and HERSHEY’S Chocolate Chip Caramel KREME™. The Valentine’s Day Dozen will be available at participating U.S. locations and for pickup or delivery via Krispy Kreme’s app and website. Each box is designed with a custom “Choc-Full-of-Love” theme, perfect for sharing love this holiday.
Krispy Kreme and Shaquille O’Neal have initiated construction on a new 4,000-square-foot shop in Atlanta, Georgia, set to open in summer 2023. This location replaces the historic Ponce de Leon shop, which was lost to arson in February 2021. The new shop will feature the classic Original Glazed® doughnuts and a variety of limited-time offerings available for dine-in, pickup, and drive-thru. The design pays tribute to the brand’s heritage with a mural and refurbished heritage sign from the 1960s. O’Neal expressed enthusiasm about the project, emphasizing community support and a fresh start for the beloved brand.
Krispy Kreme (NASDAQ: DNUT) will participate in the ICR Conference 2023, presenting on January 9 at 1:00 p.m. Eastern Time. CEO Mike Tattersfield and COO Josh Charlesworth will lead the presentation. A live webcast will be accessible on Krispy Kreme's Investor Relations website, with a replay available for 90 days.
Headquartered in Charlotte, N.C., Krispy Kreme is renowned for its Original Glazed® doughnuts, operating in over 30 countries and offering fresh access points through shops and e-commerce.
Krispy Kreme has launched its Biscoff Doughnut Collection starting Jan. 9, featuring three unique doughnuts combining its Original Glaze with Lotus Biscoff’s flavors. The new offerings include the Biscoff® Iced Doughnut, Biscoff® Cookie Butter Cheesecake Doughnut, and Biscoff® Cookie Butter Kreme™ Filled Doughnut. Customers purchasing these doughnuts will also receive a free Biscoff cookie packet while supplies last. Additionally, select grocery stores will offer a Biscoff 6-pack doughnut assortment for convenience.
Krispy Kreme hosted an Investor Day in Charlotte, NC, reiterating its 2022 guidance and introducing 2026 targets. CEO Mike Tattersfield emphasized the company's transformation strategy aimed at sustainable growth and profitability. Key growth drivers include expanding its U.S. hub & spoke model, international market presence, and leveraging partnerships like Insomnia Cookies. The 2022 outlook includes net revenue between $1.49 billion and $1.52 billion, with organic revenue growth of 10-12%. For 2023, low double-digit revenue and EBITDA growth is anticipated, while 2026 forecasts project net revenue of approximately $2.15 billion.
Krispy Kreme (NASDAQ: DNUT) will host an Investor Day on its Charlotte headquarters on 9am EST, providing updates on its strategic vision and financial outlook.
The session will reaffirm 2022 guidance while introducing initial financial targets for 2026.
Investors and analysts are invited to join via a live webcast, which will conclude at approximately 12pm EST. A replay will be available afterward.
The Board of Directors of Krispy Kreme (NASDAQ: DNUT) announced a quarterly cash dividend of
Krispy Kreme (NASDAQ: DNUT) announced the appointment of Jeremiah Ashukian as the new Executive Vice President and Chief Financial Officer, effective
On December 12, Krispy Kreme celebrates its annual "Day of the Dozens," offering one dozen Original Glazed doughnuts for only $1 with the purchase of any dozen at regular price. This promotion is available in-shop, for pick-up, and drive-thru, with a limit of two dozens per guest at participating locations across the U.S. Customers can also enjoy the festive "Santa’s Bake Shop" Collection in limited-edition packaging. The event encourages social media engagement using #DayofDozens.
Krispy Kreme (NASDAQ: DNUT) announced its Investor Day event scheduled for December 15, 2022, starting at 9 AM EST, held at its Headquarters in Charlotte, NC. The event will feature management presenting the Company’s strategic vision and long-term growth goals, alongside an initial outlook for 2023-2026. Interested parties can register online or attend in person by contacting Investor Relations. A replay of the event will be made available on their Investor Relations website after the broadcast.
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