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.
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.
Krispy Kreme has launched its first-ever Honey Doughnuts collection, starting May 9.
The limited-time collection includes:
- Honey Pull Apart Doughnut
- Honey Bee Doughnut
- Honey Cake Doughnut
Customers purchasing the Honey Lover’s Dozen will receive bee-friendly flower seed paper, supporting bee populations. Additionally, Krispy Kreme will plant flower gardens at select locations to create bee-friendly environments. This initiative aligns with World Bee Day on May 20, celebrating organizations like the Planet Bee Foundation.
Krispy Kreme (NASDAQ:DNUT) will release its first quarter 2022 earnings results on May 11, 2022, at 8:30 AM EDT. A conference call to discuss the results will follow, accessible by dialing (877) 312-1907 or (470) 495-9529 for international participants with conference ID 9178504. Interested parties can listen to the live audio webcast on the investor relations website. A replay and transcript will be available within 24 hours. Additional earnings materials will also be accessible on the Company’s website.