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 reports news on its global sweet-treat business, including fresh doughnut shops, retail partnerships, digital sales and franchise operations in more than 40 countries. Company updates frequently reference the Original Glazed® doughnut, limited-time flavor collections, brand collaborations and seasonal promotions that support traffic across its consumer channels.
Financial and corporate news for DNUT also covers quarterly results, systemwide sales, adjusted EBITDA, free cash flow, balance-sheet leverage and management's turnaround plan. Recurring developments include capital-light international growth, refranchising activity, U.S. access to fresh doughnuts and strategic actions tied to underperforming doors, logistics and franchise partnerships.
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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.
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.
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.
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..
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) announced a quarterly cash dividend of $0.035 per share, reflecting its ongoing commitment to shareholders. The dividend was declared on May 16, 2022, and will be paid on August 10, 2022, to shareholders of record as of July 27, 2022. This decision aligns with the company’s established dividend policy, reinforcing its financial health and shareholder engagement.
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Krispy Kreme (NASDAQ: DNUT) reported strong Q1 2022 results, with net revenue increasing by 15.8% year-over-year to $372.5 million and organic revenue rising 15.0%. GAAP net income reached $6.5 million, a significant improvement from a loss of $0.4 million last year. Adjusted EBITDA grew 5.4% to $48.9 million, driven by a 90 basis point margin improvement in the U.S. and Canada. The company reaffirmed its 2022 guidance, expecting net revenue of $1.53 to $1.56 billion, and highlighted ongoing expansion efforts with a 20.9% increase in global points of access.