Krispy Kreme, Inc. to Invest in Accelerating Growth in Canada
Krispy Kreme, Inc. (DNUT)
Company Research
Source: Business Wire
Krispy Kreme to take majority controlling position in Krispy K CanadaCurrent Krispy K Canada operating partners to continue leading operations as Krispy Kreme further implements omnichannel strategy CHARLOTTE, N.C.--(BUSINESS WIRE)--Krispy Kreme, Inc. (NASDAQ: DNUT) (“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.This agreement marks another major milestone in Krispy Kreme’s strategic transformation, driven in large part by increased control over its operations. Foll
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News
- KRISPY KREME® Giving Guests a Sweet Tax Break on Tax Day, April 15Business Wire
- Take a Bite, Take a Break with KRISPY KREME® and KIT KAT®Business Wire
- Krispy Kreme, Inc. (NASDAQ: DNUT) had its price target raised by analysts at Bank of America Co. from $16.00 to $19.00. They now have a "buy" rating on the stock.MarketBeat
- Krispy Kreme, Inc. (NASDAQ: DNUT) was upgraded by analysts at Piper Sandler from a "neutral" rating to an "overweight" rating. They now have a $20.00 price target on the stock, up previously from $14.00.MarketBeat
- KRISPY KREME® Introduces Total Solar Eclipse Doughnut featuring OREO® Cookie and Pieces, Available April 5-8Business Wire
DNUT
Earnings
- 2/13/24 - In-Line
DNUT
Sec Filings
- 4/12/24 - Form 4
- 4/12/24 - Form 4
- 4/12/24 - Form 4
- DNUT's page on the SEC website