Krispy Kreme, Inc. (DNUT)
| Market Cap | 2.20B |
| Revenue (ttm) | 1.64B |
| Net Income (ttm) | -43.25M |
| Shares Out | 168.60M |
| EPS (ttm) | -0.26 |
| PE Ratio | n/a |
| Forward PE | 34.27 |
| Dividend | $0.14 (1.07%) |
| Ex-Dividend Date | Jan 23, 2024 |
| Volume | 786,014 |
| Open | 13.18 |
| Previous Close | 13.00 |
| Day's Range | 12.98 - 13.18 |
| 52-Week Range | 10.21 - 16.22 |
| Beta | 1.45 |
| Analysts | Buy |
| Price Target | 15.39 (+17.93%) |
| Earnings Date | Nov 9, 2023 |
About DNUT
Krispy Kreme, Inc., together with its subsidiaries, produces doughnuts in the United States, the United Kingdom, Australia, New Zealand, Mexico, and internationally. The company operates through three segments: U.S. and Canada, International, and Market Development. The company offers doughnut experiences through hot light theater and fresh shops, delivered fresh daily branded cabinets and merchandising units within grocery and convenience stores, and ecommerce, as well as through its branded sweet treat line comprising Krispy Kreme branded swe... [Read more]
Financial Performance
In 2022, Krispy Kreme's revenue was $1.53 billion, an increase of 10.51% compared to the previous year's $1.38 billion. Losses were -$15.62 million, -36.25% less than in 2021.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for DNUT stock is "Buy." The 12-month stock price forecast is $15.39, which is an increase of 17.93% from the latest price.
News
KRISPY KREME® Returns Annual ‘Day of the Dozens' on 12/12 with $1 Original Glazed® Dozen
CHARLOTTE, N.C.--(BUSINESS WIRE)--The best way to spread holiday cheer is sharing doughnuts this time of year! Krispy Kreme® will spread even more cheer with the return of its annual “Day of the Dozen...
Krispy Kreme Declares Quarterly Dividend
CHARLOTTE, N.C.--(BUSINESS WIRE)--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 s...
Krispy Kreme to Present at Morgan Stanley Global Consumer & Retail Conference
CHARLOTTE, N.C.--(BUSINESS WIRE)--Krispy Kreme, Inc. (NASDAQ:DNUT) (“Krispy Kreme” or the “Company”), today announced that it will participate in the Morgan Stanley Global Consumer & Retail Conference...
Three-Stock Lunch: Boeing, Bristol Myers and Krispy Kreme
Sylvia Jablonski, Defiance ETFs CEO and CIO, joins 'Power Lunch' ' to discuss three stocks: Boeing, Bristol Myers and Krispy Kreme Inc.
KRISPY KREME® Celebrates 20th Anniversary of ‘Elf' with First-Ever ‘Elf'-Inspired Holiday Doughnut Collection
CHARLOTTE, N.C.--(BUSINESS WIRE)--The best way to spread holiday cheer is sharing doughnuts this time of year! And singing loud for all to hear, of course. In celebration of the 20th anniversary of th...
Krispy Kreme and McDonald's in Advanced Discussions on Expanded Partnership
Krispy Kreme is looking to expand its partnership with McDonald's. “While nothing has been finalized, we are in advanced discussions about expanding the partnership and are making investments in the U...
McDonald's, Krispy Kreme in talks to expand partnership
McDonald's and Krispy Kreme are considering expanding their partnership, Krispy Kreme CEO Mike Tattersfield said in a statement reporting the doughnut-maker's third-quarter results.
Krispy Kreme Drives Gen Z Adoption With eCommerce, Social Media
With Generation Z disproportionately relying on online platforms to pick where they order food, Krispy Kreme is investing in digital to grow penetration with young consumers.
Krispy Kreme to expand partnerships, Oatly misses estimates
While Krispy Kreme (DNUT) missed third-quarter expectations with revenue at $407.4 million, below estimates of $413.9 million, the company did see success from partnerships with Hailey Bieber and McDo...
McDonald's and Krispy Kreme are in talks to expand partnership
Shares of the doughnut chain were down 10% in morning trading after the company's third-quarter earnings and revenue fell short of Wall Street's estimates.
Krispy Kreme stock drops after adjusted profit, revenue miss expectations while full-year outlook was maintained
Shares of Krispy Kreme Inc. DNUT, +0.07% dropped 8.3% in premarket trading Thursday, to put it on track to snap a seven-session win streak, after donut seller reported third-quarter adjusted profit an...
Krispy Kreme Reports Third Quarter 2023 Results
CHARLOTTE, N.C.--(BUSINESS WIRE)--Krispy Kreme, Inc. (NASDAQ: DNUT) (“Krispy Kreme” or the “Company”) today reported financial results for the third quarter ended October 1, 2023. Third Quarter Highli...
KRISPY KREME® Announces Global World Kindness Day Effort
CHARLOTTE, N.C.--(BUSINESS WIRE)--As part of a global effort to inspire people to connect with each other and share kindness on World Kindness Day, Krispy Kreme today announced that the first 500 gues...
‘Fall' in Love with KRISPY KREME'S® Flavors of Fall Collection, Featuring Three New Doughnuts
CHARLOTTE, N.C.--(BUSINESS WIRE)--With fall in full swing, gather 'round pie pundits, latte lovers and chocolate connoisseurs – Krispy Kreme is bringing iconic flavors of the season together in its ne...
Will Ozempic Kill Donut Sales? Krispy Kreme Stock Downgraded As Weight Loss Drugs Boom.
Analysts say the impact of Ozempic and peers' boom in popularity is “real” and “not small” on the food and beverage industry as a whole.
Krispy Kreme stock is downgraded due to the risk of GLP-1 weight loss drugs
Krispy Kreme stock was downgraded due to the growing popularity of GLP-1 weight loss drugs. Patients taking GLP-1 drugs like Ozempic, Wegovy, and Mounjaro feel fuller faster and eat less food.
Krispy Kreme, Inc. to Announce Third Quarter 2023 Results on November 9, 2023
CHARLOTTE, N.C.--(BUSINESS WIRE)--Krispy Kreme, Inc. (NASDAQ:DNUT) (“Krispy Kreme” or the “Company”) today announced that it will issue its third quarter 2023 earnings results on Thursday, November 9,...
You'll Want in on These Consumer Staples After Reading This
When optimism takes over the masses, you can bet your bottom dollar that herd behavior will cause investors and markets to follow into hype-related stocks, typically high beta ones. Some examples of t...
Pricing power seems to be more important for food stocks than GLP-1 drugs, says Evercore's Palmer
David Palmer, restaurant and packaged food analyst at Evercore ISI, joins 'Squawk on the Street' to discuss whether clients are asking about the impact of GLP-1 drugs, which company stocks have been w...
No Tricks, Just 3 Sweet Treats for Your Portfolio in October
It's time to look at some sweet treats with Halloween just approaching. Whether the economy is expanding or in recession, a sweet tooth will always crave sweets.
Krispy Kreme Says It Wants to Sell Its Majority Stake in Insomnia Cookies
Krispy Kreme (DNUT) announced Tuesday that it is putting up for sale its majority stake in Insomnia Cookies so that it can focus on its main business, producing and selling doughnuts.
Krispy Kreme May Put Insomnia Cookies to Bed as Restaurants Cut Costs
As restaurants grapple with cost challenges, Krispy Kreme is putting its Insomnia Cookies subsidiary up for sale. On Tuesday (Oct. 3), the donut chain announced that it is “exploring strategic alterna...
Krispy Kreme exploring sale of Insomnia Cookies
Krispy Kreme (DNUT) announced it is exploring options for its Insomnia Cookies unit, including a potential sale. The doughnut maker took a majority stake in Insomnia Cookies in 2018 and expects the un...
Krispy Kreme mulling cash deal for Insomnia Cookies
Krispy Kreme said it is exploring strategic alternatives for Insomnia Cookies, including an all-cash purchase. The donut maker acquired a majority stake in Insomnia in 2018.
Krispy Kreme May Part Ways With Insomnia Cookies
Krispy Kreme Inc. is weighing an all-cash sale of Insomnia Cookies to focus on its core doughnut business. Insomnia made its name with late-night snack delivery to college students.