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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 the Star Spangled Sweetness Collection for the Fourth of July, offering a selection of new and returning patriotic doughnuts. Starting June 21, fans can purchase these -time treats at participating shops and select retailers. The collection includes three doughnuts: the Firework Cookies & Kreme Filled Doughnut, the Cotton Candy Sparkler Doughnut, and the Freedom Flag Doughnut. On July 4th, customers wearing red, white, and blue can receive a free Original Glazed Doughnut. The promotion aims to sweeten summer gatherings and parades, as highlighted by Global Chief Brand Officer Dave Skena.
Krispy Kreme is celebrating the arrival of summer with special promotions on their Original Glazed dozens. From Monday to Wednesday, customers can enjoy half off on Original Glazed dozens from 5 to 7 p.m. Additionally, on Thursday, known as the 'Hot Light-est' day of the year, customers can purchase an Original Glazed dozen for just $1 with the purchase of any dozen at regular price. Select guests will also receive a free 'summer surprise' Original Glazed dozen on Thursday. The promotions are available at participating Krispy Kreme shops, with limits on the number of dozens per customer. Promocode HOTNOW can be used for the Hot Light Happy Hour promotion, and promocode SUMMER for the 'Hot Light-est' day offer. These deals are also accessible via Krispy Kreme’s app and website.
Krispy Kreme introduces Doughnut Dots, a new assortment of bite-sized doughnuts, available in four flavors: Powdered, Sprinkled, Cinnamon, and Cookie Crumb. These treats join the Original Glazed Doughnut Dots and can be purchased in a 10-count cup or a 24-count box. To celebrate, Krispy Kreme is offering a 10-count cup for just $1 from June 10-16 with the purchase of any dozen doughnuts. The Doughnut Dots are available for in-shop purchase, pickup, or delivery via the Krispy Kreme app and website.
Krispy Kreme is celebrating National Doughnut Day on Friday, June 7, by offering customers a free doughnut of their choice, with no purchase necessary. This offer excludes -time-only doughnuts. Additionally, customers can purchase a dozen Original Glazed doughnuts for just $2 with the purchase of any dozen.
This promotion is available in participating Krispy Kreme shops and drive-thrus. Dave Skena, Global Chief Brand Officer, expressed excitement for the event, highlighting the annual anticipation from fans. Customers are encouraged to share their celebrations on social media using #KrispyKreme and tagging @krispykreme.
Krispy Kreme (NASDAQ:DNUT) has appointed Atiba Adams as its new Chief Legal Officer, effective June 25, 2024. Adams brings over 20 years of legal expertise from companies like Mars, Pfizer, and Bausch + Lomb. He will report directly to Josh Charlesworth, Krispy Kreme's President and CEO. Charlesworth praised Adams' extensive global legal background and experience in the sweet treat industry. Adams expressed excitement about joining the iconic global brand and contributing to its growth. Adams' academic credentials include a B.A. in Political Science from Millersville University and a J.D. from North Carolina Central University School of Law. He will work from Krispy Kreme's headquarters in Charlotte, NC.
Krispy Kreme is offering a special deal for Memorial Day weekend, providing a dozen Original Glazed Doughnuts for $3.84 with the purchase of any dozen at full price. This promotion runs from May 24-27 and is available at participating locations. The offer coincides with an expected record of 38.4 million Americans hitting the road during the holiday. Customers can take advantage of the deal in-store or online using the promo code ROADTRIP. There are restrictions, including a limit of two dozen per customer in-shop and one dozen online. Krispy Kreme encourages customers to share their experiences on social media using #KrispyKreme.
Krispy Kreme is offering a special deal for Memorial Day weekend, providing a dozen Original Glazed® Doughnuts for $3.84 with the purchase of any dozen at regular price. This promotion runs from May 24-27 and aims to delight the record 38.4 million Americans expected to travel by car during the holiday. The deal is available at participating shops with a limit of two dozen per customer in-store and one dozen online. Use promocode ROADTRIP for online orders. Share your experience with #KrispyKreme and @krispykreme.
Krispy Kreme has launched an all-new 'Dolly Southern Sweets Doughnut Collection' in partnership with Dolly Parton. This -edition collection features four unique doughnuts: Dolly Dazzler, Peachy Keen Cobbler, Banana Puddin’ Pie, and Chocolate Crème Pie.
Fans can enjoy these treats at participating Krispy Kreme shops in a custom Dolly Parton dozens box starting today. On May 18, fans who visit shops 'Dolly’d Up' will receive a free Original Glazed Doughnut. Additionally, select grocery stores will offer a 6-pack featuring three of the new doughnuts.
This collaboration emphasizes sharing joy and southern flavors, bringing together Krispy Kreme and Dolly Parton's love for spreading happiness.
Krispy Kreme reported strong first quarter 2024 financial results, with net revenue growing 5.7% to $442.7 million and organic revenue increasing 6.7%. The company reaffirmed its full year 2024 guidance, expecting growth in key financial metrics. The expansion of Delivered Fresh Daily with McDonald's nationwide rollout is set to accelerate, providing impressive results.
Krispy Kreme is celebrating Mother's Day with their 'Minis for Mom' Collection featuring three new mini doughnuts. These sweet treats are available for a time and offer a fun way to share special moments with motherly figures.
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