Krispy Kreme, Inc., together with its subsidiaries, operates as a branded retailer and wholesaler of doughnuts, coffee and other complementary beverages, and treats and packaged sweets. The company operates through four segments: Company Stores, Domestic Franchise, International Franchise, and KK Supply Chain. It owns and franchises Krispy Kreme stores. As of August 01, 2018, the company operated approximately 1,400 retail shops in 32 countries. It also produces doughnut mixes and doughnut-making equipment. Krispy Kreme, Inc. was formerly known as Krispy Kreme Doughnuts, Inc. and changed its name to Krispy Kreme, Inc. in May 2021. The company was founded in 1937 and is headquartered in Winston-Salem, North Carolina. Krispy Kreme, Inc. operates as a subsidiary of Pret Panera I G.P.
IPO Year: 2021
Exchange: NASDAQ
Website: krispykreme.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
8/27/2024 | $13.00 | In-line | Evercore ISI |
7/23/2024 | $14.00 | Hold → Buy | HSBC Securities |
6/10/2024 | $13.00 → $15.00 | Hold → Buy | Truist |
6/3/2024 | $14.00 | Overweight | JP Morgan |
4/5/2024 | $14.00 → $20.00 | Neutral → Overweight | Piper Sandler |
1/22/2024 | $16.00 | Equal Weight | CapitalOne |
11/20/2023 | $13.00 | Overweight → Neutral | JP Morgan |
10/30/2023 | $20.00 → $13.00 | Buy → Hold | Truist |
6/14/2023 | $16.00 | Neutral | Piper Sandler |
3/22/2023 | $15.00 → $20.00 | Hold → Buy | Truist |
4 - Krispy Kreme, Inc. (0001857154) (Issuer)
4 - Krispy Kreme, Inc. (0001857154) (Issuer)
4 - Krispy Kreme, Inc. (0001857154) (Issuer)
4 - Krispy Kreme, Inc. (0001857154) (Issuer)
3 - Krispy Kreme, Inc. (0001857154) (Issuer)
3 - Krispy Kreme, Inc. (0001857154) (Issuer)
4 - Krispy Kreme, Inc. (0001857154) (Issuer)
4 - Krispy Kreme, Inc. (0001857154) (Issuer)
4 - Krispy Kreme, Inc. (0001857154) (Issuer)
4 - Krispy Kreme, Inc. (0001857154) (Issuer)
Krispy Kreme® is making an iconic flavor statement – literally – to celebrate Barbie brand's 65th anniversary: four all-new doughnuts featuring unique designs and fabulous flavors inspired by Barbie, the trend-setting and timeless global fashion doll. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240903037175/en/Krispy Kreme® is making an iconic flavor statement – literally – to celebrate Barbie brand's 65th anniversary: four all-new doughnuts featuring unique designs and fabulous flavors inspired by Barbie, the trend-setting and timeless global fashion doll. (Photo: Business Wire) Beginning today for a limited time at particip
Krispy Kreme, Inc. (NASDAQ:DNUT) today announced that Atiba Adams will join the company as Chief Legal Officer effective June 25, 2024. Adams will report to Josh Charlesworth, President and Chief Executive Officer of Krispy Kreme. Adams brings more than 20 years of legal experience guiding multibillion-dollar publicly traded and privately held companies such as Mars, Pfizer, and most recently, Bausch + Lomb, where he served as Senior Vice President and Deputy General Counsel. "Atiba's strong, global legal background, public company experience, and expertise in the sweet treat industry make him a great addition to the team," said Charlesworth. "I couldn't be more excited to welcome him a
Appointment effective January 9, 2023 Krispy Kreme, Inc. (NASDAQ:DNUT) ("Krispy Kreme" or the "Company") today announced that Jeremiah Ashukian will become Executive Vice President and Chief Financial Officer of Krispy Kreme, Inc. effective January 9, 2023. Mr. Ashukian will succeed Josh Charlesworth who has served as Chief Financial Officer since April 2017. Mr. Charlesworth will continue in his role as Global President and Chief Operating Officer. Mr. Ashukian brings 20 years of global executive finance experience from Mars, Inc., most recently as Chief Financial Officer of Mars Wrigley North America. President and CEO Mike Tattersfield stated, "On behalf of the Board of Directors, I am
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Citigroup analyst Peter Christiansen upgraded the rating for Coinbase Global, Inc. (NASDAQ:COIN) from Neutral to Buy, while raising the price target from $260 to $345. Coinbase shares gained 2.9% to settle at $265.15 on Monday. See how other analysts view this stock. See how other analysts view this stock. Morgan Stanley analyst Brian Nowak upgraded Snap Inc. (NYSE:SNAP) from Underweight to Equal-Weight, while increasing the price target from $12 to $16. Snap shares rose 2.6% to close
Throughout the last three months, 4 analysts have evaluated Krispy Kreme (NASDAQ:DNUT), offering a diverse set of opinions from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 1 0 0 0 Last 30D 1 0 0 0 0 1M Ago 1 0 0 0 0 2M Ago 1 1 0 0 0 3M Ago 0 0 0 0 0 The 12-month price targets, analyzed by analysts, offer insights with an average target of $14.75, a high estimate of $16.00, and a low estimate of $14.00. A decline of 7.81% from the prior average pric
HSBC analyst Sorabh Daga upgrades Krispy Kreme (NASDAQ:DNUT) from Hold to Buy and announces $14 price target.
Krispy Kreme, Inc. (NASDAQ:DNUT) shares are trading higher in premarket today. The doughnut maker has sold a majority ownership stake in Insomnia Cookies to Verlinvest and Mistral Equity Partners for a total enterprise value of $350 million. The transaction, which closed on July 17, 2024, has doubled in value since Krispy Kreme’s acquisition of Insomnia Cookies in 2018. Insomnia Cookies is a late-night bakery concept headquartered in Philadelphia, Pennsylvania. Today, with over 250 locations worldwide, Insomnia Cookies offers a variety of cookies, ice cream, and other sweet treats in-store, for local delivery, and nationwide shipping. The sale allows Krispy Kreme to concentrate on i
$350 million enterprise valuation doubled since 2018 acquisition Krispy Kreme, Inc. (NASDAQ:DNUT) today announced the sale of a majority ownership stake of Insomnia Cookies to Verlinvest and Mistral Equity Partners. The transaction represents a $350 million total enterprise value, which has doubled since Krispy Kreme's 2018 acquisitio
B of A Securities analyst Sara Senatore maintains Krispy Kreme (NASDAQ:DNUT) with a Buy and lowers the price target from $19 to $16.
Krispy Kreme Inc (NASDAQ:DNUT) faces a sticky situation as it launches four new “F.R.I.E.N.D.S”-themed doughnuts, tantalizingly named after iconic show moments, like “WE WERE ON A COFFEE BREAK” and “HOW YOU DOIN’?”. The twist? These treats are exclusively available in the UK, leaving American fans feeling glazed and confused. The announcement, filled with Friends references, exclaimed, “COULD WE ‘BE’ ANY MORE EXCITED?!?!” However, the excitement quickly turned to disappointment for U.S. fans as they realized these delicious tributes to the beloved TV show are not available in America. One Reddit user expressed surprise at the news, commenting, “Wait – they better do this in the US.” T
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Susquehanna boosted the price target for Advanced Micro Devices, Inc. (NASDAQ:AMD) from $185 to $200. Susquehanna analyst Christopher Rolland maintained a Positive rating. AMD shares gained 0.7% to close at $167.87 on Friday. See how other analysts view this stock. TD Cowen cut the price target for Delek US Holdings, Inc. (NYSE:DK) from $25 to $20. TD Cowen analyst Jason Gabelman downgraded the stock from Hold to Sell. Delek US Holdings shares fell 0.6% to close at $25.28 on Friday. See how other a
Krispy Kreme, Inc. (NASDAQ:DNUT) ("Krispy Kreme" or the "Company"), today announced a quarterly cash dividend of $0.035 per share of common stock, in accordance with the Company's dividend policy. The dividend was declared today, September 13, 2024, and will be paid on November 6, 2024 to shareholders of record on October 23, 2024. About Krispy Kreme Headquartered in Charlotte, N.C., Krispy Kreme is one of the most beloved and well-known sweet treat brands in the world. Our iconic Original Glazed® doughnut is universally recognized for its hot-off-the-line, melt-in-your-mouth experience. Krispy Kreme operates in 40 countries through its unique network of fresh doughnut shops, partnerships
Sweet fortune, not misfortune, available with purchase of any dozen at regular price Krispy Kreme® is substituting a super deal for superstition this Friday the 13th, offering fans a dozen Original Glazed® Doughnuts for just 13 cents with the purchase of any dozen or 16-count Minis at regular price. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240911262702/en/Krispy Kreme® is substituting a super deal for superstition this Friday the 13th, offering fans a dozen Original Glazed® Doughnuts for just 13 cents with the purchase of any dozen or 16-count Minis at regular price. (Photo: Business Wire) Krispy Kreme's "Lucky Friday" 13-
Krispy Kreme, Inc. (NASDAQ:DNUT) ("Krispy Kreme" or the "Company"), today announced that it will participate in the Piper Sandler Growth Frontiers Conference. Josh Charlesworth, Chief Executive Officer, and Jeremiah Ashukian, Chief Financial Officer, will present on Tuesday, September 10 at 1:00 p.m. Central Time. A live webcast of the presentation will be available on Krispy Kreme's Investor Relations website (investors.krispykreme.com) and will be accessible for replay for 30 days. About Krispy Kreme Headquartered in Charlotte, N.C., Krispy Kreme is one of the most beloved and well-known sweet treat brands in the world. Our iconic Original Glazed® doughnut is universally recognize
Krispy Kreme® is making an iconic flavor statement – literally – to celebrate Barbie brand's 65th anniversary: four all-new doughnuts featuring unique designs and fabulous flavors inspired by Barbie, the trend-setting and timeless global fashion doll. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240903037175/en/Krispy Kreme® is making an iconic flavor statement – literally – to celebrate Barbie brand's 65th anniversary: four all-new doughnuts featuring unique designs and fabulous flavors inspired by Barbie, the trend-setting and timeless global fashion doll. (Photo: Business Wire) Beginning today for a limited time at particip
Krispy Kreme x Dr Pepper Kickoff Collection available beginning Aug. 23 Huddle up and hurry up! Krispy Kreme® is partnering with Dr Pepper® for the first time ever to kick off the football season with a new roster of doughnuts sure to score with fans. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240822876872/en/Krispy Kreme x Dr Pepper Kickoff Collection available beginning Aug. 23 (Photo: Business Wire) Beginning Friday, Aug. 23 for a limited time at Krispy Kreme shops across the U.S., doughnut lovers and football fans alike can enjoy the Krispy Kreme x Dr Pepper Kickoff Collection, featuring an all-new doughnut that delive
Season's sweet essentials available for limited time beginning Aug. 12 Krispy Kreme® is falling into Pumpkin Spice Season today by returning a classic combo of pumpkin spice delights: the fan-favorite Pumpkin Spice Cake Doughnut and Pumpkin Spice Latte. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240812336285/en/Season's sweet essentials available for limited time at Krispy Kreme beginning Aug. 12 (Photo: Business Wire) Available at participating shops for a limited time, the Pumpkin Spice Cake Doughnut is among Krispy Kreme's most anticipated seasonal offerings – glazed, old fashioned and the perfect combination of crumbly
Second quarter Net Revenue grows 7.3%, Organic Revenue increases 7.8% Updated 2024 guidance reflects sale of majority stake in Insomnia Cookies Krispy Kreme, Inc. (NASDAQ:DNUT) ("Krispy Kreme", "KKI", or the "Company") today reported financial results for the quarter ended June 30, 2024. Second Quarter Highlights (vs Q2 2023) Net revenue grew 7.3% to $438.8 million Organic revenue grew 7.8% to $440.2 million GAAP net loss of $4.9 million ($5.5 million net loss attributable to KKI) Adjusted EBITDA grew 12.1% to $54.7 million, Adjusted EBITDA margin up 60 basis points year-over-year GAAP operating cash flow of $33.2 million Global Points of Access ("POA") increased 2,9
Krispy Kreme, Inc. (NASDAQ:DNUT) today announced its inaugural Moroccan shop will open on August 9, 2024. In partnership with franchisee Americana, the company known for its iconic Original Glazed® doughnuts and coffee will now be making doughnuts fresh daily in Morocco. The company's strategy is clear: make fresh doughnuts available in more places and keep reminding people of the joy that is Krispy Kreme®. This expansion is part of their strategic growth plan to bring its world-famous, fresh doughnuts to more consumers around the globe through its capital-efficient hub and spoke model. Why Morocco? The selection of Morocco is motivated by its economic vitality and the consumption hab
Krispy Kreme, Inc. (NASDAQ:DNUT) today announced a joint venture with Glaseadas Originales to bring one of the world's most loved sweet treats to Spain in 2025. The brand will offer its iconic, fresh doughnuts to Spanish consumers starting with a Hot Light Theater Shop in Madrid. During the next five years, Krispy Kreme, a minority investor in the venture, expects to create more than 500 fresh points of access across key cities including Madrid, Barcelona, Valencia, and Malaga. The company's strategy is clear: make their fresh doughnuts available in more places and keep reminding people of the joy that is Krispy Kreme. This expansion is part of their strategic growth plan to bring its w
Brand also introduces Go USA Collection perfect for cheering on athletes Krispy Kreme® is encouraging Americans to "Go for the Glaze" during the games and it only requires $1. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240729546040/en/Krispy Kreme® is encouraging Americans to "Go for the Glaze" during the games and it only requires $1. (Photo: Business Wire) On Wednesday, July 31 only, Krispy Kreme is offering EVERY doughnut for just $1 each for ALL guests – no limit, in-shop only, while supplies last. Then, beginning Thursday, Aug. 1 for a limited time, Krispy Kreme Rewards members can get $1 Original Glazed® doughnuts –
Evercore ISI resumed coverage of Krispy Kreme, Inc. with a rating of In-line and set a new price target of $13.00
HSBC Securities upgraded Krispy Kreme, Inc. from Hold to Buy and set a new price target of $14.00
Truist upgraded Krispy Kreme, Inc. from Hold to Buy and set a new price target of $15.00 from $13.00 previously
JP Morgan resumed coverage of Krispy Kreme, Inc. with a rating of Overweight and set a new price target of $14.00
Piper Sandler upgraded Krispy Kreme, Inc. from Neutral to Overweight and set a new price target of $20.00 from $14.00 previously
CapitalOne initiated coverage of Krispy Kreme, Inc. with a rating of Equal Weight and set a new price target of $16.00
JP Morgan downgraded Krispy Kreme, Inc. from Overweight to Neutral and set a new price target of $13.00
Truist downgraded Krispy Kreme, Inc. from Buy to Hold and set a new price target of $13.00 from $20.00 previously
Piper Sandler initiated coverage of Krispy Kreme, Inc. with a rating of Neutral and set a new price target of $16.00
Truist upgraded Krispy Kreme, Inc. from Hold to Buy and set a new price target of $20.00 from $15.00 previously
Krispy Kreme, Inc. (NASDAQ:DNUT) ("Krispy Kreme" or the "Company"), today announced a quarterly cash dividend of $0.035 per share of common stock, in accordance with the Company's dividend policy. The dividend was declared today, September 13, 2024, and will be paid on November 6, 2024 to shareholders of record on October 23, 2024. About Krispy Kreme Headquartered in Charlotte, N.C., Krispy Kreme is one of the most beloved and well-known sweet treat brands in the world. Our iconic Original Glazed® doughnut is universally recognized for its hot-off-the-line, melt-in-your-mouth experience. Krispy Kreme operates in 40 countries through its unique network of fresh doughnut shops, partnerships
Second quarter Net Revenue grows 7.3%, Organic Revenue increases 7.8% Updated 2024 guidance reflects sale of majority stake in Insomnia Cookies Krispy Kreme, Inc. (NASDAQ:DNUT) ("Krispy Kreme", "KKI", or the "Company") today reported financial results for the quarter ended June 30, 2024. Second Quarter Highlights (vs Q2 2023) Net revenue grew 7.3% to $438.8 million Organic revenue grew 7.8% to $440.2 million GAAP net loss of $4.9 million ($5.5 million net loss attributable to KKI) Adjusted EBITDA grew 12.1% to $54.7 million, Adjusted EBITDA margin up 60 basis points year-over-year GAAP operating cash flow of $33.2 million Global Points of Access ("POA") increased 2,9
Krispy Kreme, Inc. (NASDAQ:DNUT) ("Krispy Kreme" or the "Company"), today announced that it will issue its second quarter 2024 earnings results on Thursday, August 8, 2024. Management will host a conference call to discuss the results at 8:30AM ET on the same day. The conference call can be accessed by dialing 1 (800) 715-9871 and entering the conference ID 5985470. International participants can access the call via the corresponding number listed HERE and entering the conference ID 5985470. To listen to the live audio webcast and Q&A, visit the Krispy Kreme investor relations website at investors.krispykreme.com. A replay of the webcast will be available on the website within 24 hours af
First quarter Net Revenue grows 5.7%, Organic Revenue increases 6.7% Delivered Fresh Daily expansion to accelerate with McDonald's nationwide rollout Krispy Kreme, Inc. (NASDAQ:DNUT) ("Krispy Kreme", "KKI", or the "Company") today reported financial results for the quarter ended March 31, 2024. First Quarter Highlights (vs Q1 2023) Net revenue grew 5.7% to $442.7 million Organic revenue grew 6.7% to $440.9 million GAAP net loss of $6.7 million GAAP net loss attributable to KKI of $8.5 million Adjusted EBITDA grew 5.9% to $58.2 million Global Points of Access increased 2,404, or 19.4% to 14,814 "First-quarter results exceeded our expectations, driven by increased d
Krispy Kreme, Inc. (NASDAQ:DNUT) ("Krispy Kreme" or the "Company"), today announced a quarterly cash dividend of $0.035 per share of common stock, in accordance with the Company's dividend policy. The dividend was declared today, April 30, 2024, and will be paid on August 7, 2024 to shareholders of record on July 24, 2024. About Krispy Kreme, Inc. Headquartered in Charlotte, N.C., Krispy Kreme is one of the most beloved and well-known sweet treat brands in the world. Our iconic Original Glazed® doughnut is universally recognized for its hot-off-the-line, melt-in-your-mouth experience. Krispy Kreme operates in more than 35 countries through its unique network of fresh doughnut shops, par
Krispy Kreme, Inc. (NASDAQ:DNUT) ("Krispy Kreme" or the "Company"), today announced that it will issue its first quarter 2024 earnings results on Thursday, May 9, 2024. Management will host a conference call to discuss the results at 8:30AM ET on the same day. The conference call can be accessed by dialing 1 (800) 715-9871 and entering the conference ID 5985470. International participants can access the call via the corresponding number listed HERE and entering the conference ID 5985470. To listen to the live audio webcast and Q&A, visit the Krispy Kreme investor relations website at investors.krispykreme.com. A replay of the webcast will be available on the website within 24 hours after
Fourth quarter Net Revenue growth of 11.4% with Organic Revenue growth of 13.2% GAAP Net Income of $1.9 million and Adjusted EBITDA margin improvement of 40 basis points Introduces 2024 guidance Krispy Kreme, Inc. (NASDAQ:DNUT) ("Krispy Kreme", "KKI", or the "Company") today reported financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter Highlights (vs Q4 2022) Net revenue grew 11.4% to $450.9 million Organic revenue grew 13.2% to $446.0 million GAAP net income of $1.9 million GAAP net income attributable to KKI of $2.6 million Adjusted EBITDA increased 14.7% to $64.1 million Adjusted EBITDA margins improved 40 basis points t
The Board of Directors of Krispy Kreme, Inc. (NASDAQ:DNUT) ("Krispy Kreme" or the "Company"), today announced a quarterly cash dividend of $0.035 per share of common stock, in accordance with the Company's dividend policy. The dividend was declared today, February 8, 2024, and will be paid on May 8, 2024 to shareholders of record on April 24, 2024. About Krispy Kreme, Inc. Headquartered in Charlotte, N.C., Krispy Kreme is one of the most beloved and well-known sweet treat brands in the world. Our iconic Original Glazed® doughnut is universally recognized for its hot-off-the-line, melt-in-your-mouth experience. Krispy Kreme operates in more than 35 countries through its unique network of
Krispy Kreme, Inc. (NASDAQ:DNUT) ("Krispy Kreme" or the "Company"), today announced that it will issue its fourth quarter and full year 2023 earnings results on Tuesday, February 13, 2024. Management will host a conference call to discuss the results at 8:30AM ET on the same day. The conference call can be accessed by dialing 1 (800) 599-5188 and entering the conference ID 5487868. International participants can access the call via the corresponding number listed here and entering the conference ID 5487868. To listen to the live audio webcast and Q&A, visit the Krispy Kreme investor relations website at investors.krispykreme.com. A replay of the webcast will be available on the website wi
The Board of Directors of Krispy Kreme, Inc. (the "Company" or "Krispy Kreme") (NASDAQ:DNUT) today announced a quarterly cash dividend of $0.035 per share of common stock, in accordance with the Company's dividend policy. The dividend was declared today, December 4, 2023 and will be paid on February 7, 2024, to shareholders of record on January 24, 2024. About Krispy Kreme, Inc. Headquartered in Charlotte, N.C., Krispy Kreme is one of the most beloved and well-known sweet treat brands in the world. Our iconic Original Glazed® doughnut is universally recognized for its hot-off-the-line, melt-in-your-mouth experience. Krispy Kreme operates in more than 35 countries through its unique netw
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10-Q - Krispy Kreme, Inc. (0001857154) (Filer)
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