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. (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.
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Krispy Kreme, Inc. (NASDAQ:DNUT) will participate in the Morgan Stanley Global Consumer & Retail Conference. Josh Charlesworth, COO, and Jeremiah Ashukian, CFO, will present on December 5 at 4:30 p.m. ET. A live webcast will be available on Krispy Kreme’s Investor Relations website and for replay for 90 days.
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Krispy Kreme: New 'Elf' Doughnut Collection and 'Day of the Dozens' Promotion Announced. In celebration of the 20th anniversary of the movie 'Elf', Krispy Kreme introduces three new 'Elf'-inspired doughnuts and the return of the popular Santa Belly Doughnut for a limited time. The 'Day of the Dozens' promotion offers a $1 Original Glazed dozen with the purchase of any dozen on Dec. 12.
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Krispy Kreme, Inc. (NASDAQ: DNUT) reported Q3 2023 results, with Net Revenue up 7.9% to $407.4 million and Organic Revenue up 9.6% to $400.3 million. Adjusted EBITDA grew 13.5% to $43.7 million. The company reaffirmed mid-to-high end of Revenue and Adjusted EBITDA guidance. CEO Mike Tattersfield highlighted the global expansion and strong performance of specialty doughnut offerings, projecting continued momentum into the fourth quarter.
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Krispy Kreme - Free Original Glazed Doughnuts for the First 500 Guests on World Kindness Day, Nov. 13
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Krispy Kreme introduces the Flavors of Fall collection, featuring a variety of seasonal doughnuts. Available for a limited time, the collection includes flavors like Caramel Pecan Brownie, Classic Blackberry Crisp, and Pumpkin Spice Cake. Customers can order in-store, through the app, or via the website. Some doughnuts are also available in select grocery stores. Share your experience using #KrispyKreme and tagging @krispykreme.
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Krispy Kreme will release its third quarter 2023 earnings results on November 9, 2023. A conference call will be held at 8:30AM ET on the same day. The earnings press release and related materials will be available on the investor relations section of the Company's website.
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Krispy Kreme® celebrates Halloween with Scooby-Doo™ themed doughnuts and promotions.
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Krispy Kreme explores strategic alternatives for Insomnia Cookies, including an all-cash sale. Expects revenues of $230 million in fiscal year 2023. Decision allows focus on core strategy of producing, selling, and distributing fresh doughnuts daily. Insomnia has tripled its revenue since 2017. Krispy Kreme aims to expand to over 75,000 points of access and enter 3-5 new countries annually. Evercore and Morgan Stanley hired as financial advisors.
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Krispy Kreme and Shaquille O’Neal announce the grand opening of their new shop in Midtown Atlanta on Oct. 10, replacing the original shop destroyed by arson in 2021. The shop employs over 70 team members and will serve the brand's classic menu. Guests can purchase doughnuts in-shop, via drive-thru, or online. Throughout grand opening week, 10 lucky guests will be awarded a Celebration Ticket for a year of free doughnuts.
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Krispy Kreme offers free coffee on National Coffee Day, along with a $2 deal on Original Glazed® Dozens.
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FAQ
What does Krispy Kreme, Inc. specialize in?
Krispy Kreme, Inc. specializes in the retail and wholesale of high-quality doughnuts and packaged sweets, including their famous Original Glazed® doughnut.
When was Krispy Kreme founded?
Krispy Kreme was founded in 1937.
What is the Krispy Kreme, Inc. stock symbol?
The stock symbol for Krispy Kreme, Inc. is DNUT.
What are the main operating segments of Krispy Kreme?
Krispy Kreme operates through three main segments: U.S. (including Insomnia Cookies and Branded Sweet Treat Line), International, and Market Development.
Where does Krispy Kreme derive most of its revenue?
Krispy Kreme derives the majority of its revenue from the U.S. segment.
What products does Krispy Kreme offer?
Krispy Kreme offers over 20 varieties of doughnuts, including the Original Glazed® doughnut, as well as a range of coffees and other beverages.
How does Krispy Kreme distribute its products?
Krispy Kreme distributes its products through Doughnut Shops, partnerships with retailers, and an ecommerce and delivery business.
In which countries does Krispy Kreme have operations?
Krispy Kreme has operations in the U.S., Canada, U.K., Ireland, Australia, New Zealand, Mexico, and Japan.
What recent achievements has Krispy Kreme made?
Recent achievements include partnerships with major retailers and the enhancement of their ecommerce platform.
What is unique about Krispy Kreme's Original Glazed® doughnut?
The Original Glazed® doughnut is celebrated for its hot-off-the-line, melt-in-your-mouth experience.
Krispy Kreme, Inc.
Nasdaq:DNUT
DNUT Rankings
DNUT Stock Data
1.96B
84.75M
54.27%
42.91%
8.45%
Grocery Stores
Consumer Defensive
United States of America
CHARLOTTE