Piper Sandler initiated coverage on Krispy Kreme, Inc. with a new price target
$DNUT
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Consumer Staples
Piper Sandler initiated coverage of Krispy Kreme, Inc. with a rating of Neutral and set a new price target of $16.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/5/2024 | $14.00 | Equal-Weight | Morgan Stanley |
| 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 |
SCHEDULE 13G/A - Krispy Kreme, Inc. (0001857154) (Subject)
8-K - Krispy Kreme, Inc. (0001857154) (Filer)
10-Q - Krispy Kreme, Inc. (0001857154) (Filer)
Morgan Stanley resumed coverage of Krispy Kreme, Inc. with a rating of Equal-Weight and set a new price target of $14.00
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
Third quarter Net Revenue of $379.9 million, Organic Revenue increases 3.5% Krispy Kreme, Inc. (NASDAQ:DNUT) ("Krispy Kreme", "KKI", or the "Company") today reported financial results for the quarter ended September 29, 2024. Third Quarter Highlights (vs Q3 2023) Net revenue of $379.9 million Organic revenue grew 3.5% to $376.4 million GAAP net income of $37.6 million, linked to the sale of a majority ownership stake of Insomnia Cookies ($39.6 million net income attributable to KKI) Adjusted EBITDA of $34.7 million GAAP operating cash flow of $3.3 million Global Points of Access ("POA") increased 2,417, or 18.0%, to 15,811 "Krispy Kreme delivered a seventeenth consecutive qu
Krispy Kreme, Inc. (NASDAQ:DNUT) ("Krispy Kreme" or the "Company"), today announced that it will issue its third quarter 2024 earnings results on Thursday, November 7, 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 1277949. International participants can access the call via the corresponding number listed HERE and entering the conference ID 1277949. 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
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
4 - Krispy Kreme, Inc. (0001857154) (Issuer)
4 - Krispy Kreme, Inc. (0001857154) (Issuer)
4 - Krispy Kreme, Inc. (0001857154) (Issuer)
SC 13D/A - Krispy Kreme, Inc. (0001857154) (Subject)
SC 13G - Krispy Kreme, Inc. (0001857154) (Subject)
SC 13D/A - Krispy Kreme, Inc. (0001857154) (Subject)
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.
As part of a global campaign to invite and inspire people to spread kindness on World Kindness Day, Krispy Kreme® today announced that the first 500 guests who visit each participating shop across the U.S. Nov. 13 can receive a dozen Original Glazed® Doughnuts for FREE to enjoy and share with others – no purchase necessary. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241111670855/en/The first 500 guests who visit each participating shop across the U.S. Nov. 13 can receive a dozen Original Glazed® Doughnuts for FREE to enjoy and share with others – no purchase necessary. (Photo: Business Wire) "World Kindness Day is a reminder
Third quarter Net Revenue of $379.9 million, Organic Revenue increases 3.5% Krispy Kreme, Inc. (NASDAQ:DNUT) ("Krispy Kreme", "KKI", or the "Company") today reported financial results for the quarter ended September 29, 2024. Third Quarter Highlights (vs Q3 2023) Net revenue of $379.9 million Organic revenue grew 3.5% to $376.4 million GAAP net income of $37.6 million, linked to the sale of a majority ownership stake of Insomnia Cookies ($39.6 million net income attributable to KKI) Adjusted EBITDA of $34.7 million GAAP operating cash flow of $3.3 million Global Points of Access ("POA") increased 2,417, or 18.0%, to 15,811 "Krispy Kreme delivered a seventeenth consecutive qu
Four new doughnuts inspired by favorite Thanksgiving pies available beginning Nov. 7 Krispy Kreme® is making sharing gratitude "easy as pies" this Thanksgiving season with the introduction of four all-new doughnuts that puts a new, sweet spin on holiday tradition. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241107002493/en/Four new doughnuts inspired by favorite Thanksgiving pies available beginning Nov. 7 (Photo: Business Wire) Krispy Kreme's sweet and sharable Thanksgiving Pies Doughnut Collection features fruity, crumbly, silky ‘n sweet treats inspired by the holiday's favorite pies, available beginning Nov. 7 through Than