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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 (DNUT) delivers sweet indulgence through its iconic doughnuts while maintaining a dynamic business strategy. This news hub provides investors and industry observers with timely updates on financial performance, operational milestones, and strategic initiatives shaping the company’s trajectory in the global bakery sector.

Access curated press releases and analysis covering earnings reports, franchise expansions, product innovations, and leadership developments. Our repository simplifies tracking of DNUT’s multi-channel operations across retail stores, wholesale partnerships, and international markets – all critical to understanding its position in the competitive food industry.

Discover updates on key operational segments including U.S. retail growth, international market penetration, and supply chain enhancements. Content is rigorously maintained to serve both casual observers and professional analysts seeking to monitor the company’s adaptation to consumer trends and market demands.

Bookmark this page for streamlined access to Krispy Kreme’s latest developments, ensuring you stay informed about the brand that continues to define premium doughnut experiences worldwide.

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Krispy Kreme, listed on NASDAQ as DNUT, will present at the BofA Securities 2023 Consumer & Retail Conference on March 15 at 1:50 p.m. ET. CEO Mike Tattersfield will discuss the company's operations and future outlook. Investors can access the live webcast and subsequent replay for 90 days via the company’s Investor Relations website. Krispy Kreme, headquartered in Charlotte, N.C., operates in over 30 countries and boasts nearly 12,000 points of access to its products. The company aims to enhance lives through the joy of its popular Original Glazed® doughnut.

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Krispy Kreme is celebrating St. Patrick’s Day with a new collection of four gold-themed doughnuts and a returning favorite, the O’riginal Glazed Doughnut. Starting March 9, customers can enjoy:

  • Golden Cookies & Kreme™ Doughnut
  • Hat O’ Gold Doughnut
  • Golden Sprinkle Doughnut
  • Rainbow Kreme™ Filled Doughnut

Additionally, on March 16 and 17, guests wearing green can receive a free O’riginal Glazed Doughnut. The Good as Gold Dozen is available for in-store purchase, pickup, or delivery.

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Insomnia Cookies is expanding internationally for the first time, with new stores set to open in Canada and the UK in summer 2023, alongside plans for numerous U.S. locations. This move aims to enhance its presence in the late-night dessert market, targeting 95% of U.S. households. The company, a subsidiary of Krispy Kreme (NASDAQ: DNUT), has experienced rapid growth since its establishment in 2003, now boasting over 230 locations. The expansion aligns with consumer demand for its unique cookie offerings, including vegan and limited-edition flavors, further strengthening its brand loyalty among 'Insomniacs.'

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Krispy Kreme has launched the REESE’S Salty Sweet Dozen, a limited-time offering available starting February 20 at participating U.S. locations. This unique collection features three innovative doughnuts inspired by REESE’S products, combining sweet and salty flavors. The doughnuts include:

  • Salty Sweet Crunch Doughnut: filled with REESE’S peanut butter Kreme, topped with pretzels.
  • Salty Sweet Crisp Doughnut: topped with potato sticks and peanut butter sauce.
  • Outrageous Doughnut: layered with Mini REESE’S PIECES and salted caramel icing.
Customers can enjoy these delicious treats in-store or through delivery.

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Krispy Kreme (NASDAQ: DNUT) reported a 9.2% increase in fourth-quarter net revenue to $404.6 million, driven by a 12.5% organic growth across all segments. Despite foreign currency exchange headwinds impacting results, sales per hub rose 15% in the U.S. and Canada. The company experienced a GAAP net loss of $1 million, primarily due to $12.4 million in non-cash expenses related to optimization efforts. Adjusted EBITDA grew 17% to $55.9 million, and free cash flow was $32.4 million. For 2023, Krispy Kreme anticipates net revenue of $1.65 to $1.68 billion, projecting organic revenue growth of 9% to 11% and adjusted EBITDA of $205 to $215 million.

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The Board of Directors of Krispy Kreme (NASDAQ: DNUT) has announced a quarterly cash dividend of $0.035 per share, reflecting its commitment to returning value to shareholders. This dividend was declared on February 8, 2023, and will be paid on May 10, 2023, to shareholders of record as of April 26, 2023. Krispy Kreme, headquartered in Charlotte, N.C., operates over 30 countries, emphasizing joy through its well-loved products such as the Original Glazed® doughnut.

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Krispy Kreme, Inc. (NASDAQ:DNUT) will release its fourth quarter and full year 2022 earnings results on February 15, 2023. A conference call to discuss these results is scheduled for 8:30 AM EST on the same day. Interested participants can access the call by calling 1 (800) 599-5188 and using conference ID 5487868. The call will also be available via live audio webcast on the company's investor relations website. Following the call, a replay and transcript will be accessible within 24 hours. Further earnings details will be distributed via the investor relations section of the Krispy Kreme website.

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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.

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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.

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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.

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Krispy Kreme, Inc.

Nasdaq:DNUT

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DNUT Stock Data

739.10M
78.28M
53.31%
53.99%
12.93%
Grocery Stores
Retail-food Stores
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United States
CHARLOTTE