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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 (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.

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Krispy Kreme is launching its pumpkin spice season on August 8, featuring new products like the Pumpkin Spice Latte Swirl Doughnut and Pumpkin Spice Iced Coffee. This marks an earlier start compared to 2021. Returning favorites include the Pumpkin Spice Original Glazed and Pumpkin Spice Cake Doughnuts. The lineup aims to enhance customer experience by allowing early indulgence in popular fall flavors, reaffirming the brand's commitment to customer satisfaction.

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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.

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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.

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Krispy Kreme is enhancing its Fourth of July celebrations with its new I Heart America doughnut collection, featuring four heart-shaped doughnuts available from June 27. Customers wearing red, white, and blue can receive a free doughnut daily from June 27 to July 4. Additionally, a buy one, get one deal on Original Glazed® dozens will run July 1-4. The brand also offers a Sweet New Deal for summer, providing a free Original Glazed doughnut each day through Labor Day.

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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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Krispy Kreme (NASDAQ:DNUT) has announced the promotion of Josh Charlesworth to Global President and Chief Operating Officer, overseeing expansion in core equity markets including the U.S., U.K., and Australia. Charlesworth, previously CFO since April 2017, will remain in this role until a successor is found. Additionally, Andrew Skehan, President of North America, plans to leave the company in August for another CEO position. CEO Mike Tattersfield expressed confidence in Charlesworth’s leadership capabilities and acknowledged Skehan's contributions to the North American business.

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Krispy Kreme launched its new 'Pick of the Patch' collection on June 6, featuring four berry-inspired doughnuts aimed at capturing the essence of summer. The collection includes the Mixed Berry Cobbler, Blueberry Cheesecake, Strawberry Shortcake, and the debut of the Mixed Berry Glazed doughnut, available Fridays to Sundays starting June 10. These offerings are designed to enhance customer experience and appeal to seasonal cravings while available at participating locations across the U.S..

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Krispy Kreme announces its 'Sweet New Deal' starting on June 3, coinciding with National Doughnut Day. Guests can enjoy a FREE Doughnut of Choice and $1 Original Glazed dozens with any dozen purchase on this special day. Throughout summer, customers can receive a FREE Original Glazed doughnut during Hot Light hours, and the popular ‘Beat the Pump’ promotion returns every Wednesday until August 31, where the price of a dozen Original Glazed doughnuts will reflect the national average gas price. This initiative aims to provide joy amid rising inflation.

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Krispy Kreme, Inc.

Nasdaq:DNUT

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706.75M
77.59M
53.31%
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12.93%
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Retail-food Stores
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United States
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