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Articles from Krispy Kreme, Inc.

Krispy Kreme Declares Quarterly Dividend
Krispy Kreme, Inc. (NASDAQDNUT) (“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, December 13, 2024, and will be paid on February 5, 2025 to shareholders of record on January 22, 2025.
By Krispy Kreme, Inc. · Via Business Wire · December 13, 2024
Krispy Kreme Reports Third Quarter 2024 Financial Results
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme”, “KKI”, or the “Company”) today reported financial results for the quarter ended September 29, 2024.
By Krispy Kreme, Inc. · Via Business Wire · November 7, 2024
Krispy Kreme, Inc. to Announce Third Quarter 2024 Results on November 7, 2024
Krispy Kreme, Inc. (NASDAQDNUT) (“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.
By Krispy Kreme, Inc. · Via Business Wire · October 24, 2024
Krispy Kreme Declares Quarterly Dividend
Krispy Kreme, Inc. (NASDAQDNUT) (“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.
By Krispy Kreme, Inc. · Via Business Wire · September 13, 2024
Krispy Kreme to Present at the Piper Sandler Growth Frontiers Conference
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company”), today announced that it will participate in the Piper Sandler Growth Frontiers Conference.
By Krispy Kreme, Inc. · Via Business Wire · September 3, 2024
Krispy Kreme Reports Second Quarter 2024 Financial Results
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme”, “KKI”, or the “Company”) today reported financial results for the quarter ended June 30, 2024.
By Krispy Kreme, Inc. · Via Business Wire · August 8, 2024
Krispy Kreme® Announces Expansion Into Morocco
Krispy Kreme, Inc. (NASDAQDNUT) 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.
By Krispy Kreme, Inc. · Via Business Wire · August 5, 2024
Krispy Kreme® Announces Expansion Into Spain
Krispy Kreme, Inc. (NASDAQDNUT) 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.
By Krispy Kreme, Inc. · Via Business Wire · August 1, 2024
Krispy Kreme, Inc. to Announce Second Quarter 2024 Results on August 8, 2024
Krispy Kreme, Inc. (NASDAQDNUT) (“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.
By Krispy Kreme, Inc. · Via Business Wire · July 25, 2024
Krispy Kreme Sells Majority Ownership Stake of Insomnia Cookies
Krispy Kreme, Inc. (NASDAQDNUT) 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 acquisition.
By Krispy Kreme, Inc. · Via Business Wire · July 22, 2024
Krispy Kreme® Announces Atiba Adams as Chief Legal Officer
Krispy Kreme, Inc. (NASDAQDNUT) 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.
By Krispy Kreme, Inc. · Via Business Wire · May 30, 2024
Krispy Kreme Reports First Quarter 2024 Financial Results and Reaffirms Full Year 2024 Guidance
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme”, “KKI”, or the “Company”) today reported financial results for the quarter ended March 31, 2024.
By Krispy Kreme, Inc. · Via Business Wire · May 9, 2024
Krispy Kreme® Announces Expansion into Germany
Krispy Kreme, Inc. (NASDAQDNUT) today announced an agreement with restaurant group ISH Kreme to bring one of the world’s most loved sweet treats to Germany. Krispy Kreme® will offer its iconic, fresh doughnuts to German consumers through a network of Krispy Kreme shops starting in Berlin.
By Krispy Kreme, Inc. · Via Business Wire · May 1, 2024
Krispy Kreme Declares Quarterly Dividend
Krispy Kreme, Inc. (NASDAQDNUT) (“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.
By Krispy Kreme, Inc. · Via Business Wire · April 30, 2024
Krispy Kreme, Inc. to Announce First Quarter 2024 Results on May 9, 2024
Krispy Kreme, Inc. (NASDAQDNUT) (“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.
By Krispy Kreme, Inc. · Via Business Wire · April 25, 2024
Krispy Kreme Reports Fourth Quarter and Full Year 2023 Financial Results
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme”, “KKI”, or the “Company”) today reported financial results for the fourth quarter and full year ended December 31, 2023.
By Krispy Kreme, Inc. · Via Business Wire · February 13, 2024
Krispy Kreme® Celebrates Expansion into Brazil
Krispy Kreme, Inc. (NASDAQDNUT) today announced an exciting agreement to enter a joint venture with AmPm Comestíveis Ltda (AmPm) to bring one of the world’s most loved sweet treats to Brazil. Krispy Kreme® will offer its melt-in-your-mouth fresh doughnuts to Brazilian consumers through a network of Krispy Kreme shops and AmPm convenience stores.
By Krispy Kreme, Inc. · Via Business Wire · February 9, 2024
Krispy Kreme Declares Quarterly Dividend
The Board of Directors of Krispy Kreme, Inc. (NASDAQDNUT) (“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.
By Krispy Kreme, Inc. · Via Business Wire · February 8, 2024
Krispy Kreme, Inc. to Announce Fourth Quarter and Full Year 2023 Results on February 13, 2024
Krispy Kreme, Inc. (NASDAQDNUT) (“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.
By Krispy Kreme, Inc. · Via Business Wire · January 30, 2024
KRISPY KREME® Publishes First-Ever ‘Be Sweet’ Responsibility Report
For Krispy Kreme, Inc. (NASDAQDNUT), it takes more than iconic doughnuts to “Be Sweet.” It takes an ongoing commitment to drive positive impact.
By Krispy Kreme, Inc. · Via Business Wire · December 13, 2023
Krispy Kreme Declares Quarterly Dividend
The Board of Directors of Krispy Kreme, Inc. (the “Company” or “Krispy Kreme”) (NASDAQDNUT) 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.
By Krispy Kreme, Inc. · Via Business Wire · December 4, 2023
Krispy Kreme to Present at Morgan Stanley Global Consumer & Retail Conference
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company”), today announced that it will participate in the Morgan Stanley Global Consumer & Retail Conference. Josh Charlesworth, Chief Operating Officer and Jeremiah Ashukian, Chief Financial Officer will present on Tuesday, December 5 at 4:30 p.m. Eastern Time.
By Krispy Kreme, Inc. · Via Business Wire · November 29, 2023
Krispy Kreme Reports Third Quarter 2023 Results
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company”) today reported financial results for the third quarter ended October 1, 2023.
By Krispy Kreme, Inc. · Via Business Wire · November 9, 2023
Krispy Kreme, Inc. to Announce Third Quarter 2023 Results on November 9, 2023
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company”) today announced that it will issue its third quarter 2023 earnings results on Thursday, November 9, 2023. Management will host a conference call to discuss the results at 8:30AM ET on the same day.
By Krispy Kreme, Inc. · Via Business Wire · October 26, 2023
Krispy Kreme Explores Strategic Alternatives for Insomnia Cookies
Krispy Kreme, Inc. (NASDAQDNUT) today announced it is exploring strategic alternatives for Insomnia Cookies, to include considering an all-cash sale. Krispy Kreme acquired a majority stake in Insomnia Cookies in 2018 and expects revenues of approximately $230 million in fiscal year 2023. Today’s decision enables Krispy Kreme to unlock shareholder value and focus on its core strategy of producing, selling and distributing fresh doughnuts daily.
By Krispy Kreme, Inc. · Via Business Wire · October 3, 2023
Krispy Kreme Promotes Josh Charlesworth to CEO
Krispy Kreme, Inc. (NASDAQDNUT) today named Josh Charlesworth as President and Chief Executive Officer, effective January 1, 2024. Mr. Charlesworth brings decades of experience overseeing consumer brands, and most recently served as Krispy Kreme’s Global President and Chief Operating Officer after joining the company in 2017.
By Krispy Kreme, Inc. · Via Business Wire · September 25, 2023
Krispy Kreme Declares Quarterly Dividend
The Board of Directors of Krispy Kreme, Inc. (the “Company” or “Krispy Kreme”) (NASDAQDNUT) 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 22, 2023 and will be paid on November 9, 2023, to shareholders of record on October 26, 2023.
By Krispy Kreme, Inc. · Via Business Wire · September 22, 2023
Krispy Kreme to Present at Upcoming Investor Conferences
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company”), today announced that it will participate in the Piper Sandler Growth Frontiers Conference. Jeremiah Ashukian, Chief Financial Officer, and Josh Charlesworth, Chief Operating Officer, will present on Wednesday, September 13 at 11:30 a.m. Eastern Time.
By Krispy Kreme, Inc. · Via Business Wire · September 11, 2023
Krispy Kreme Announces Stephanie Daukus as Vice President of Investor Relations
Krispy Kreme, Inc. (NASDAQDNUT), today announced that Stephanie Daukus will join the company as Vice President of Investor Relations effective today. In this role, Stephanie will be responsible for leading the company’s investor relations practices, including the communication of the company’s financial performance and corporate strategy to the investment community and serving as the primary point of contact for analysts and investors. She will report to Jeremiah Ashukian, Executive Vice President and Chief Financial Officer.
By Krispy Kreme, Inc. · Via Business Wire · August 28, 2023
Krispy Kreme Reports Second Quarter 2023 Results, Reiterates Full Year Guidance
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company”) today reported financial results for the second quarter ended July 2, 2023. Net revenue grew 9.0% year-over-year to $408.9 million and organic revenue grew 11.4%, led by the U.S., where all sales channels including doughnut and cookie shops, Delivered Fresh Daily (“DFD”) doors, and ecommerce contributed to 12.7% organic growth in the quarter.
By Krispy Kreme, Inc. · Via Business Wire · August 10, 2023
Krispy Kreme, Inc. to Announce Second Quarter 2023 Results on August 10, 2023
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company”), today announced that it will issue its second quarter 2023 earnings results on Thursday, August 10, 2023. Management will host a conference call to discuss the results at 8:30AM ET on the same day.
By Krispy Kreme, Inc. · Via Business Wire · July 19, 2023
Krispy Kreme to Present at Evercore ISI Consumer and Retail Conference
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company”) today announced that it will participate in the Evercore ISI Consumer and Retail Conference. Mike Tattersfield, Chief Executive Officer, will present on Wednesday, June 14, at 9:30 a.m. Eastern Time. A live webcast of the presentation will be available on Krispy Kreme’s Investor Relations website for investors, analysts and other interested parties at investors.krispykreme.com and will be available for replay for 90 days.
By Krispy Kreme, Inc. · Via Business Wire · June 7, 2023
Krispy Kreme Reports Strong First Quarter 2023 and Reiterates Full Year Guidance
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company”) today reported strong financial results for the first quarter ended April 2, 2023. Net revenue grew 12.5% year-over-year to $419.0 million and organic revenue grew 14.4% led by robust performances in the U.S. and Market Development segments. Sales per Hub in the U.S. increased 9% to $4.6 million, driven by an 12% increase in points of access and an 8% increase in U.S. sales per Delivered Fresh Daily (“DFD”) door.
By Krispy Kreme, Inc. · Via Business Wire · May 11, 2023
Krispy Kreme Declares Quarterly Dividend
The Board of Directors of Krispy Kreme, Inc. (the “Company” or “Krispy Kreme”) (NASDAQDNUT) 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, May 10, 2023. The dividend will be paid on August 9, 2023, to shareholders of record on July 26, 2023.
By Krispy Kreme, Inc. · Via Business Wire · May 10, 2023
Krispy Kreme, Inc. to Announce First Quarter 2023 Results on May 11, 2023
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company”), today announced that it will issue its first quarter 2023 earnings results on Thursday, May 11, 2023. Management will host a conference call to discuss the results at 8:00AM EDT on the same day.
By Krispy Kreme, Inc. · Via Business Wire · April 20, 2023
Krispy Kreme to Present at SHARE Series Conference
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company”) today announced that it will participate in the SHARE Series Conference hosted at the New York Stock Exchange. Mike Tattersfield, Chief Executive Officer, will present on Monday, April 10th, at 2:00 p.m. Eastern Time. A live webcast of the presentation will be available on Krispy Kreme’s Investor Relations website for investors, analysts and other interested parties at investors.krispykreme.com and will be available for replay for 90 days.
By Krispy Kreme, Inc. · Via Business Wire · April 4, 2023
Krispy Kreme Strengthens Balance Sheet with Successful Refinancing
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company”) today announced that it has successfully completed the refinancing of existing Term Loan A and Revolver Facilities. The new $700 million Term Loan A and $300 million revolver extends maturities until March 2028 at the same terms to existing facilities and welcomes several new creditors into our facilities. There is no change in the Company’s net debt as a result of this refinancing.
By Krispy Kreme, Inc. · Via Business Wire · March 23, 2023
Krispy Kreme to Present at BofA Securities 2023 Consumer & Retail Conference
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company”) today announced that it will participate in the BofA Securities 2023 Consumer & Retail Conference. Mike Tattersfield, Chief Executive Officer, will present on Wednesday, March 15th, at 1:50 p.m. Eastern Time. A live webcast of the presentation will be available on Krispy Kreme’s Investor Relations website for investors, analysts and other interested parties at investors.krispykreme.com and will be available for replay for 90 days.
By Krispy Kreme, Inc. · Via Business Wire · March 9, 2023
Krispy Kreme Reports Strong Fourth Quarter 2022 Results
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company”) today reported financial results for the fourth quarter and full year ended January 1, 2023. Net revenue in the quarter grew 9.2%, inclusive of a negative 3.7% impact from foreign currency exchange (“FX”) headwinds. Sales Per Hub grew 15.0% in the U.S. and Canada to $4.6 million and 7.7% in International to $9.8 million. Organic revenue in the quarter grew 12.5% driven by double digit organic growth in all three business segments. For the full year 2022, net revenue grew 10.5%, inclusive of a negative 2.7% impact from FX headwinds, and organic revenue grew 12.1%.
By Krispy Kreme, Inc. · Via Business Wire · February 15, 2023
Krispy Kreme Declares Quarterly Dividend
The Board of Directors of Krispy Kreme, Inc. (the “Company” or “Krispy Kreme”) (NASDAQDNUT) 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, 2023. The dividend will be paid on May 10, 2023, to shareholders of record on April 26, 2023.
By Krispy Kreme, Inc. · Via Business Wire · February 8, 2023
Krispy Kreme, Inc. to Announce Fourth Quarter and Full Year 2022 Results on February 15, 2023
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company”), today announced that it will issue its fourth quarter and full year 2022 earnings results on Wednesday, February 15, 2023. Management will host a conference call to discuss the results at 8:30AM EST on the same day.
By Krispy Kreme, Inc. · Via Business Wire · February 2, 2023
Krispy Kreme to Present at ICR Conference 2023
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company”) today announced that it will participate in the ICR Conference 2023. Mike Tattersfield, Chief Executive Officer, and Josh Charlesworth, Global President and Chief Operating Officer, will present today, January 9th, at 1:00 p.m. Eastern Time. A live webcast of the presentation will be available on Krispy Kreme’s Investor Relations website for investors, analysts and other interested parties at investors.krispykreme.com and will be available for replay for 90 days.
By Krispy Kreme, Inc. · Via Business Wire · January 9, 2023
Krispy Kreme Outlined its Long-Term Growth Strategy at 2022 Investor Day
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company”) today hosted an Investor Day at its Headquarters in Charlotte, NC, which was simultaneously webcast. At the event, management provided an update on the business, including the Company’s strategic vision and long-term growth goals, which included its initial 2026 outlook.
By Krispy Kreme, Inc. · Via Business Wire · December 15, 2022
Krispy Kreme to Outline its Long-Term Growth Strategy at 2022 Investor Day
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company”) today will host an Investor Day at its headquarters in Charlotte, NC, starting at 9am EST, which will be simultaneously webcast for all investors, analysts and any other interested parties. At the event, management will provide an update on the business, including the Company’s strategic vision and long-term growth goals, which will include its initial 2026 outlook and initial commentary on 2023, as well as re-affirm its prior 2022 guidance.
By Krispy Kreme, Inc. · Via Business Wire · December 15, 2022
Krispy Kreme Declares Quarterly Dividend
The Board of Directors of Krispy Kreme, Inc. (the “Company” or “Krispy Kreme”) (NASDAQDNUT) announced today a quarterly cash dividend of $0.035 per share of common stock, in accordance with the Company’s dividend policy. The dividend was declared yesterday, December 8, 2022. The dividend will be paid on February 8, 2023, to shareholders of record on January 25, 2023.
By Krispy Kreme, Inc. · Via Business Wire · December 9, 2022
Krispy Kreme Announces Appointment of Jeremiah Ashukian as Global Chief Financial Officer
Krispy Kreme, Inc. (NASDAQDNUT) (“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.
By Krispy Kreme, Inc. · Via Business Wire · December 8, 2022
Krispy Kreme to Host Investor Day on December 15th
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company”) today shared further details related to its previously announced Investor Day at its Headquarters in Charlotte, NC and webcasted simultaneously on December 15th, 2022 beginning at 9am EST. The event will feature presentations and a Q&A session with members of the management team, where they will provide further detail on the Company’s strategic vision and long-term growth goals, and introduce its initial 2023-2026 outlook.
By Krispy Kreme, Inc. · Via Business Wire · December 7, 2022
Krispy Kreme Reports Third Quarter 2022 Results
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company”) today reported financial results for the third quarter ended October 2, 2022 with net revenue growing 10.1% year-over-year to $377.5 million, or 13.4% in constant currency, while organic revenue grew 12.0%. Foreign currency translation resulted in a negative 3.3% impact on net revenue growth during the third quarter due to the strength of the U.S. dollar. Sales per Hub in the U.S. and Canada increased by 18.4% year-over-year to $4.5 million while International Sales per Hub grew 16.3% to $10.0 million.
By Krispy Kreme, Inc. · Via Business Wire · November 15, 2022
Krispy Kreme, Inc. to Announce Third Quarter 2022 Results on November 15, 2022
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company”), today announced that it will issue its third quarter 2022 earnings results on Tuesday, November 15, 2022. Management will host a conference call to discuss the results at 8:30AM EST on the same day.
By Krispy Kreme, Inc. · Via Business Wire · October 26, 2022
Krispy Kreme® celebrates upcoming iconic Original Glazed® Doughnuts entry in France
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company”) is excited to announce a joint venture between Krispy Kreme and Columbus Café through its holding company, Wagram Finances, Inc. (“Wagram”) to bring one of the world’s most loved sweet treats to France in the summer of 2023. Opening in Paris, Krispy Kreme will bring our melt-in-your mouth fresh doughnuts and array of beverages, leveraging Krispy Kreme’s legendary doughnuts and Wagram’s market expertise.
By Krispy Kreme, Inc. · Via Business Wire · October 4, 2022
Krispy Kreme Declares Quarterly Dividend
The Board of Directors of Krispy Kreme, Inc. (the “Company” or “Krispy Kreme”) (NASDAQDNUT) 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 yesterday, September 15, 2022. The dividend will be paid on November 9, 2022, to shareholders of record on October 26, 2022.
By Krispy Kreme, Inc. · Via Business Wire · September 16, 2022
Krispy Kreme Reports Second Quarter 2022 Results
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company”) today reported financial results for the second quarter ended July 3, 2022 with net revenue growing 7.5% year-over-year to $375.2 million, or 50.0% on a two-year stack basis, while organic revenue grew 8.9%, or 31.4% on a two-year stack basis. Sales per Hub in the U.S. and Canada increased by 22.2% year-over-year to $4.4 million while International Sales per Hub grew 22.5% to $9.8 million, driven by a 19% increase in Global Points of Access and a 9% increase in U.S. and Canada weekly sales per Delivered Fresh Daily (“DFD”) Door. Foreign currency translation resulted in a negative 2.6% impact on net revenue growth during the second quarter due to the strength of the U.S. dollar.
By Krispy Kreme, Inc. · Via Business Wire · August 17, 2022
Krispy Kreme, Inc. to Announce Second Quarter 2022 Results on August 17, 2022
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company”), today announced that it will issue its second quarter 2022 earnings results on Wednesday, August 17, 2022. Management will host a conference call to discuss the results at 8:30AM EDT on the same day.
By Krispy Kreme, Inc. · Via Business Wire · August 1, 2022
Krispy Kreme, Inc. Announces Organizational Changes to Bolster Growth & Global Expansion Strategy, Promotes Josh Charlesworth to Global President and Chief Operating Officer
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company”), today announced that Josh Charlesworth has been promoted to Global President and Chief Operating Officer. The Company has engaged a leading search firm to identify Krispy Kreme’s next Chief Financial Officer and Mr. Charlesworth will remain in the role until a successor is hired. Mr. Charlesworth will continue to report to Mike Tattersfield, President and Chief Executive Officer.
By Krispy Kreme, Inc. · Via Business Wire · June 8, 2022
Krispy Kreme Declares Quarterly Dividend
The Board of Directors of Krispy Kreme, Inc. (the “Company” or “Krispy Kreme”) (NASDAQDNUT) 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, May 16, 2022. The dividend will be paid on August 10, 2022, to shareholders of record on July 27, 2022.
By Krispy Kreme, Inc. · Via Business Wire · May 16, 2022
Krispy Kreme Reports First Quarter Results Showcasing a Robust Start to 2022
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company”) today reported strong financial results for the first quarter ended April 3, 2022 with net revenue growing 15.8% year-over-year to $372.5 million while organic revenue grew 15.0% to $370.1 million with high growth across all three segments. Sales per Hub in the U.S. and Canada increased by 19.4% year over year to $4.3 million while International Sales per Hub leapt 49.2% to $9.7 million, driven by a 21% increase in global points of access and a significant increase in U.S. and Canada weekly sales per Delivered Fresh Daily (“DFD”) door.
By Krispy Kreme, Inc. · Via Business Wire · May 11, 2022
Krispy Kreme, Inc. to Announce First Quarter 2022 Results on May 11, 2022
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company”), today announced that it will issue its first quarter 2022 earnings results on Wednesday, May 11, 2022. Management will host a conference call to discuss the results at 8:30AM EDT on the same day.
By Krispy Kreme, Inc. · Via Business Wire · April 27, 2022
KRISPY KREME® Partners with TWIX® for First-Ever Irresistible Caramelly, Cookie-ie, Crunchy Doughnuts
Always siding with deliciousness, Krispy Kreme is partnering with TWIX® for the first time ever to create three all-new caramelly, cookie-ie, crunchy doughnuts, including stuffing an entire TWIX® Cookie Bar inside a delicious Krispy Kreme doughnut.
By Krispy Kreme, Inc. · Via Business Wire · February 21, 2022
Krispy Kreme Declares Quarterly Dividend
The Board of Directors of Krispy Kreme, Inc. (the “Company” or “Krispy Kreme”) (NASDAQDNUT) 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 on February 9, 2022. The dividend will be paid on May 11, 2022, to shareholders of record on April 27, 2022.
By Krispy Kreme, Inc. · Via Business Wire · February 10, 2022
KRISPY KREME® Elects Marissa Andrada to Board of Directors and Thanks Carl Lee for Eight Years of Service
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company”), today announced that Marissa Andrada has joined the Company’s Board of Directors. Ms. Andrada has also been appointed to Krispy Kreme’s Remuneration and Nominating Committee.
By Krispy Kreme, Inc. · Via Business Wire · February 10, 2022
Krispy Kreme, Inc. to Announce Fourth Quarter and Full Year 2021 Results on February 22, 2022
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company), today announced that it will issue its fourth quarter and full year 2021 earnings results on Tuesday, February 22, 2022. Management will host a conference call to discuss the results at 8:30AM EDT on the same day.
By Krispy Kreme, Inc. · Via Business Wire · February 8, 2022
Krispy Kreme, Inc. to Present at ICR Conference 2022
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company”) today announced that it will participate virtually in the upcoming 2022 ICR Conference. Mike Tattersfield, Chief Executive Officer, and Josh Charlesworth, Chief Financial and Operating Officer, will present on Tuesday, January 11, 2022 at 8:30 a.m. Eastern Time. A live webcast of the presentation will be available on Krispy Kreme’s Investor Relations website at investors.krispykreme.com and will be available for replay for 90 days.
By Krispy Kreme, Inc. · Via Business Wire · January 10, 2022
Krispy Kreme, Inc. Announces Updated 2021 Guidance
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company”) today updated its guidance for full year 2021 because of strong momentum in the fourth quarter. As a result of better than previously expected growth, the Company is providing the following updated guidance for the full year of 2021:
By Krispy Kreme, Inc. · Via Business Wire · December 20, 2021
Krispy Kreme Declares Quarterly Dividend
The Board of Directors of Krispy Kreme, Inc. (the “Company” or “Krispy Kreme”) (NASDAQDNUT) today announced a quarterly cash dividend of $0.035 per share of common stock, in accordance with the Company’s dividend policy. The dividend, declared Monday, December 6, 2021, will be paid on February 9, 2022, to shareholders of record on January 26, 2022.
By Krispy Kreme, Inc. · Via Business Wire · December 9, 2021
Krispy Kreme Reports Robust Third Quarter 2021 Results, with Strong Momentum into Q4
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company”) today reported strong financial results for the third quarter ended October 3, 2021 with net revenue growing 18% year-over-year. Organic growth, excluding the now fully exited legacy wholesale business, was 14% year-over-year and 22% on a two-year basis. Including the exited business, organic growth was 6% year-over-year, in line with company expectations after lapping a strong third quarter in 2020.
By Krispy Kreme, Inc. · Via Business Wire · November 9, 2021
Krispy Kreme, Inc. to Announce Third Quarter 2021 Results on November 9, 2021
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company), today announced that it will issue its third quarter 2021 earnings results on Tuesday, November 9, 2021. Management will host a conference call to discuss the results at 5:00PM EDT on the same day.
By Krispy Kreme, Inc. · Via Business Wire · October 26, 2021
Krispy Kreme, Inc. to Invest in Accelerating Growth in Canada
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company”) today announced that it has signed a definitive agreement to take majority control of franchisee and operator Krispy K Canada. Operating partners Christopher Lindsay and Kelcey Hamaker will remain as co-CEOs of the entity after the transaction is completed and will continue to manage the day-to-day operations of Krispy K Canada shops. The Company’s investment reflects its confidence in the strength of Krispy K Canada’s business, the opportunity to expand its omnichannel strategy in the region and the current Canadian leadership team.
By Krispy Kreme, Inc. · Via Business Wire · September 30, 2021
Krispy Kreme to Be Added to Russell 2000® Index
Krispy Kreme, Inc. (the “Company” or “Krispy Kreme”) (NASDAQDNUT) today announced that it will be added to the Russell 2000® Index on September 20, 2021. This is part of planned third quarter IPO additions to the Russell US Indexes.
By Krispy Kreme, Inc. · Via Business Wire · September 20, 2021
Krispy Kreme Declares Quarterly Dividend
The Board of Directors of Krispy Kreme, Inc. (the “Company” or “Krispy Kreme”) (NASDAQDNUT) today declared a quarterly cash dividend of $0.035 per share of common stock, in accordance with the Company’s dividend policy. This dividend will be paid on November 10, 2021, to shareholders of record on October 27, 2021.
By Krispy Kreme, Inc. · Via Business Wire · September 15, 2021
Krispy Kreme, Inc. to Participate in Upcoming J.P. Morgan and CL King Conferences
Krispy Kreme, Inc. (NASDAQDNUT) today announced that President and CEO Mike Tattersfield will participate in the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum on Monday, September 13, 2021, at 4:30pm ET, and the CL King 19th Annual Best Ideas Conference on Tuesday, September 14, 2021, at 12:30pm ET. These are Krispy Kreme’s first conference appearances since its IPO on July 1, 2021.
By Krispy Kreme, Inc. · Via Business Wire · September 8, 2021
Krispy Kreme Reports Strong Second Quarter 2021 Results, Demonstrates Power of Omni-Channel Strategy
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company”) today reported financial results for the second quarter ended July 4, 2021 and issued full-year and long-term guidance. The Company reported 43% net revenue growth and organic growth of 23%, following strong performance across all business segments. On a two-year stack basis, organic revenues grew 16% since 2019.
By Krispy Kreme, Inc. · Via Business Wire · August 17, 2021
Krispy Kreme, Inc. to Announce Second Quarter 2021 Results on August 17, 2021
Krispy Kreme, Inc. (NASDAQDNUT) today announced that it will share its results for the second quarter of 2021 after 4:00PM EDT on Tuesday, August 17, 2021.
By Krispy Kreme, Inc. · Via Business Wire · July 26, 2021
Krispy Kreme, Inc. Announces Pricing of Initial Public Offering
Krispy Kreme, Inc. today announced the pricing of its initial public offering of 29,411,765 shares of its common stock at a public offering price of $17.00 per share. The shares are expected to begin trading on the Nasdaq Global Select Market on July 1, 2021, under the ticker symbol “DNUT” and the offering is expected to close on July 6, 2021, subject to the satisfaction of customary closing conditions.
By Krispy Kreme, Inc. · Via Business Wire · June 30, 2021