Krispy Kreme, Inc. Stock Price, News & Analysis

Krispy Kreme is celebrating National Coffee Day by offering free brewed coffee to guests on Thursday, Sept. 29. Customers can enjoy either hot or iced coffee, and Krispy Kreme Rewards members will also receive a free doughnut of their choice. This promotion is available for carry-out and drive-thru at participating U.S. locations, with no purchase necessary. To become a Rewards member, customers can sign up through the Krispy Kreme app or its website.

Krispy Kreme introduces its Autumn’s Orchard Collection, featuring a handmade Apple Fritter and other seasonal doughnuts, available from Sept. 19. This limited-time offer includes new flavors such as Maple Pecan Cheesecake and Spiced Apple Filled doughnuts, all made with real ingredients for a rich taste. The collection reflects the flavors of fall, inviting customers to enjoy sweet treats available individually or in themed boxes. Krispy Kreme aims to enhance customer experience with these seasonal delights.

Krispy Kreme, Inc. (NASDAQ: DNUT) has announced a quarterly cash dividend of $0.035 per share. This was declared on September 15, 2022, with a payment date set for November 9, 2022. Shareholders of record on October 26, 2022 will be eligible to receive the dividend. This decision aligns with the Company’s dividend policy, reflecting its commitment to returning value to shareholders.

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, Aug. 26. These limited-edition, doughnut-shaped biscuits will be available at participating locations while supplies last. The treats are handmade by Huds and Toke using dog-friendly ingredients like Carob, designed for dogs of all ages. Each six-count box can be purchased in-store or via drive-thru. Additionally, a themed bandana will also be available for dog owners, enhancing the experience for furry friends.

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 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.