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 celebrating National Coffee Day on Sunday, Sept. 29 with two special offers. Guests can enjoy a free medium hot or iced coffee with any purchase, and a Buy One Get One for $2 deal on Original Glazed® Dozens. These offers are available in-shop, drive-thru, and for pickup or delivery through Krispy Kreme's website and mobile app using promo codes COFFEE and BOGO2.
Dave Skena, Global Chief Brand Officer for Krispy Kreme, emphasized the perfect pairing of their doughnuts with their high-quality coffee. The company encourages customers to share their National Coffee Day experiences on social media using #KrispyKreme and tagging @krispykreme.
Krispy Kreme is bringing back its popular Pumpkin Spice Original Glazed® doughnut for a time to celebrate the official start of fall. The special doughnut will be available for three days only, from Friday, September 20 to Sunday, September 22, at Krispy Kreme shops nationwide.
In addition to this seasonal treat, customers can take advantage of a special offer: a $2 Original Glazed® dozen with the purchase of any dozen at regular price. This promotion is available in-shop (limit 2 per customer) and online (limit 1) using the promo code 'BOGO2'.
Krispy Kreme's Pumpkin Spice lineup, which includes the Pumpkin Spice Cake doughnut and Pumpkin Spice Latte, has been available since August 12. The brand is also participating in ChainFEST, a food festival in New York City on Saturday, featuring their Pumpkin Spice Original Glazed® doughnuts.
Krispy Kreme has unveiled its Golden Harvest Collection for fall, featuring three new doughnuts and a returning favorite. The -time offerings include:
1. NEW Maple Buttercreme Doughnut: Original Glazed topped with maple flavored buttercreme and fall sprinkles.
2. NEW Oatmeal KREME™ Pie Doughnut: Unglazed with white KREME™ filling, cookie dough icing, streusel topping, and a mini oatmeal cookie.
3. NEW Salted Caramel Cheesecake Doughnut: Original Glazed topped with cream cheese buttercreme, dulce de leche filling, and salted caramel crunch.
4. Spiced Apple Filled Doughnut: Cinnamon sugar doughnut with spiced apple filling.
The collection is available at participating shops and for pickup or delivery. A 6-count box is also offered at select retailers. Additionally, Krispy Kreme continues to offer its Pumpkin Spice flavored Cake Doughnut and Latte.
Krispy Kreme (NASDAQ:DNUT) has announced a quarterly cash dividend of $0.035 per share of common stock. This dividend declaration, made on September 13, 2024, aligns with the company's established dividend policy. Shareholders of record as of October 23, 2024 will receive the dividend payment on November 6, 2024. This regular dividend demonstrates Krispy Kreme's commitment to providing consistent returns to its shareholders, reflecting the company's financial stability and shareholder-friendly approach.
Krispy Kreme is turning Friday the 13th into a lucky day for doughnut lovers. On October 13, 2023, customers can purchase a dozen Original Glazed® Doughnuts for just 13 cents with the purchase of any dozen or 16-count Minis at regular price. This 'Lucky Friday' promotion is available at participating shops, with a limit of one discounted dozen per customer. The offer is valid for in-shop purchases and online orders for pickup or delivery through Krispy Kreme's app and website using the promocode '13'. Fans are encouraged to share their lucky experiences on social media using #KrispyKreme and tagging @krispykreme.
Krispy Kreme (NASDAQ:DNUT) has announced its participation in the upcoming Piper Sandler Growth Frontiers Conference. The company's presentation is scheduled for Tuesday, September 10 at 1:00 p.m. Central Time. CEO Josh Charlesworth and CFO Jeremiah Ashukian will be representing Krispy Kreme at the event.
Investors and interested parties can access a live webcast of the presentation through Krispy Kreme's Investor Relations website (investors.krispykreme.com). The webcast will remain available for replay for 30 days following the presentation, providing an opportunity for those unable to attend the live event to catch up on the company's insights and updates.
Krispy Kreme is celebrating Barbie's 65th anniversary with a -edition doughnut collection inspired by the iconic fashion doll. The Barbie™ x Krispy Kreme Collection features four new doughnuts:
- Barbie™ Pink Doughnut: Original Glazed® with pink buttercream and sunglasses topping
- Malibu Dream Party Doughnut: Cake Batter Kreme™ filled with Barbie DreamHouse™ decor
- Barbie™ Berries 'n Kreme™ Doughnut: Strawberry Kreme™ filled with heart topping
- Barbie™ Sweet 65th Doughnut: Chocolate-dipped with special sprinkles
The collection is available at participating shops and select grocery stores. Krispy Kreme is also offering giveaways of Barbie Fashionista dolls with custom Krispy Kreme accessories and denim jackets through social media and in-store promotions.
Krispy Kreme and Dr Pepper have partnered for the first time to launch the Krispy Kreme x Dr Pepper Kickoff Collection, celebrating the start of football season. Available from August 23 for a time across U.S. shops, the collection features:
1. New Dr Pepper Kickoff Doughnut: Original Glazed with Dr Pepper flavored frosting, Burgundy Sprinkle Blend, and white chocolate Dr Pepper logo.
2. New Buttercreme Goals Doughnut: Original Glazed dipped in green icing with sprinkles and a yellow buttercreme goal post.
3. KREME Filled Football Doughnut: Unglazed doughnut with white KREME, dipped in chocolate and decorated as a football.
Krispy Kreme is offering $0 delivery from August 23-25 on all orders via their app and website.
Krispy Kreme (DNUT) is launching its Pumpkin Spice Season on August 12, bringing back two fan-favorite items: the Pumpkin Spice Cake Doughnut and Pumpkin Spice Latte. Available for a time at participating shops, the doughnut features a glazed, old-fashioned style with a crumbly cake texture and pumpkin spice flavor. It can be purchased individually or as part of a specialty dozen.
The Pumpkin Spice Latte is made fresh-to-order and available hot, iced, or frozen, topped with whipped cream and pumpkin spice seasoning. Customers can enjoy these seasonal offerings in-shop, via pickup, or through delivery using Krispy Kreme's app and website. The Pumpkin Spice Cake Doughnuts are also available in 6-packs at select retailers.
Krispy Kreme (NASDAQ: DNUT) reported Q2 2024 results with net revenue growing 7.3% to $438.8 million and organic revenue up 7.8% to $440.2 million. The company saw a GAAP net loss of $4.9 million but Adjusted EBITDA grew 12.1% to $54.7 million with margins improving 60 basis points to 12.5%. Global Points of Access increased 23.2% to 15,853. Key drivers included successful specialty doughnut collections, increased Delivered Fresh Daily and digital sales, and expansion of the Hub and Spoke model. The company updated its 2024 guidance following the sale of a majority stake in Insomnia Cookies, projecting net revenue of $1,650 to $1,685 million and organic revenue growth of 5% to 7%.
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