Krispy Kreme Inc. DNUT

Krispy Kreme, Inc., in conjunction with its subsidiaries, produces and sells doughnuts, hot and cold beverages, packaged snacks, and branded merchandise. Headquartered in Charlotte, North Carolina, the company operates internationally in more than 30 countries through Krispy Kreme doughnut shops, retail partnerships, and online commerce. Krispy Kreme was founded in 1937 and its signature glazed doughnut is known internationally.

The company, which owns and franchises the brand Krispy Kreme, also produces and markets doughnut mixes and equipment to make doughnuts. Formerly known as Krispy Kreme Doughnuts, Inc., the organisation changed its name to Krispy Kreme, Inc. in May 2021. Krispy Kreme, Inc. is a subsidiary of the JAB Holding Group. The company operates through the Company Stores, Domestic Franchise, International Franchise, and KK Supply Chain Segments. Krispy Kreme’s online commerce and delivery business saw significant growth, which may be attributed to the global coronavirus pandemic. The e-commerce business fuels approximately a fifth of sales in the United States.

Krispy Kreme went public on 1 July 2021, raising $500m with its IPO, which was valued at $2.6bn. The company sold 29.4 million shares valued at $17 each. This selling price was below earlier indications, which ranged between $21 and $24 per share. Krispy Kreme trades on the NASDAQ under the DNUT stock ticker.

Follow DNUT price movements by adding this item to your eToro watchlist.