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 is launching its first-ever ChurrDough Collection on Sept. 5. This collection features three unique sweet treats inspired by traditional churros, including Cinnamon Sugar Churrdough, Cookies & Kreme Churrdough, and Dulce De Leche Churrdough. Each treat is tossed in cinnamon sugar and topped with various cream fillings and toppings. The ChurrDoughs will be available at participating U.S. shops for a limited time, aimed at appealing to fans of both churros and Krispy Kreme's classic Original Glazed doughnuts.
Krispy Kreme is launching Doggie Doughnuts, special dog treats, on National Dog Day,
Krispy Kreme (NASDAQ: DNUT) reported a net revenue of $375.2 million for Q2 2022, up 7.5% year-over-year, with organic revenue growth of 8.9%. The company added 982 Points of Access year-to-date, reaching a total of 11,409. Sales per Hub increased by over 20% both domestically and internationally. Although the GAAP net loss improved to $2.4 million from $15.0 million last year, adjusted EBITDA decreased 9.6% to $47.4 million, influenced by foreign currency translations and rising costs. The company forecasts 10%-12% organic revenue growth for 2022.
Krispy Kreme is launching its pumpkin spice season on
Krispy Kreme, Inc. (NASDAQ:DNUT) will release its second quarter 2022 earnings results on August 17, 2022, at 8:30 AM EDT. The company has updated its process for joining quarterly conference calls; participants must pre-register here to receive dial-in details via email. A live audio webcast will also be available on the investor relations website, with a replay and transcript accessible within 24 hours. More details on earnings will follow in the press release.
Krispy Kreme is launching three new doughnuts inspired by classic ice cream truck treats, available starting July 18 at participating U.S. locations. The new flavors include the Popsicle Firecracker™ Inspired Doughnut, Vanilla King Cone Inspired Doughnut, and Creamsicle® Inspired Doughnut, along with a Creamsicle Inspired Chiller. The brand aims to capture the essence of summer with these limited-time offerings, as stated by Dave Skena, Global Chief Brand Officer.
Krispy Kreme is enhancing its Fourth of July celebrations with its new I Heart America doughnut collection, featuring four heart-shaped doughnuts available from
Krispy Kreme introduces its Original Glazed Soft Serve Ice Cream on the first day of summer, expanding its product line in 10 initial U.S. markets. Made using its iconic doughnut recipe, this unique ice cream is available in shakes, cones, and cups. The lineup features seven shake flavors, including Original Glazed and Strawberry Iced Sprinkled, alongside three soft serve options. This launch aligns with Krispy Kreme's goal to enhance its brand presence in the sweet treat market.
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