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.
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.
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.
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.
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.
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.
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.
Krispy Kreme has launched its Biscoff Doughnut Collection starting Jan. 9, featuring three unique doughnuts combining its Original Glaze with Lotus Biscoff’s flavors. The new offerings include the Biscoff® Iced Doughnut, Biscoff® Cookie Butter Cheesecake Doughnut, and Biscoff® Cookie Butter Kreme™ Filled Doughnut. Customers purchasing these doughnuts will also receive a free Biscoff cookie packet while supplies last. Additionally, select grocery stores will offer a Biscoff 6-pack doughnut assortment for convenience.
Krispy Kreme hosted an Investor Day in Charlotte, NC, reiterating its 2022 guidance and introducing 2026 targets. CEO Mike Tattersfield emphasized the company's transformation strategy aimed at sustainable growth and profitability. Key growth drivers include expanding its U.S. hub & spoke model, international market presence, and leveraging partnerships like Insomnia Cookies. The 2022 outlook includes net revenue between $1.49 billion and $1.52 billion, with organic revenue growth of 10-12%. For 2023, low double-digit revenue and EBITDA growth is anticipated, while 2026 forecasts project net revenue of approximately $2.15 billion.
Krispy Kreme (NASDAQ: DNUT) will host an Investor Day on its Charlotte headquarters on 9am EST, providing updates on its strategic vision and financial outlook.
The session will reaffirm 2022 guidance while introducing initial financial targets for 2026.
Investors and analysts are invited to join via a live webcast, which will conclude at approximately 12pm EST. A replay will be available afterward.
The Board of Directors of Krispy Kreme (NASDAQ: DNUT) announced a quarterly cash dividend of
FAQ
What is the current stock price of Krispy Kreme (DNUT)?
What is the market cap of Krispy Kreme (DNUT)?
