The Latest Breaking News from Krispy Kreme Inc

While macroeconomic challenges have hampered the restaurant industry’s optimal performance, its long-term prospects appear promising. Therefore, quality restaurant stock Starbucks (SBUX) could be worth buying. However, considering its weak fundamentals, I think it will be best to wait for a better entry point in Krispy Kreme (DNUT). Continue reading.

Krispy Kreme Inc (NASDAQ:DNUT) has promoted Josh Charlesworth to Global President and Chief Operating Officer. This newly created role will oversee the expansion of the company's global footprint and growth strategy. Charlesworth has served as Krispy Kreme's CFO since April 2017 and COO since May 2019. The company has engaged a search firm…

Krispy Kreme Inc (NASDAQ:DNUT) reported first-quarter FY21 sales growth of 15.8% year-on-year to $372.5 million, beating the consensus of $367.9 million. Organic revenue grew 15%. The company's Q1 growth was driven by the performance and expansion of Krispy Kreme's Omni-channel model and strong performances across all three business segments. Revenue in the U.S.…

Krispy Kreme Inc (NASDAQ: DNUT) is rolling out its latest product line with the limited edition "Oh, Honey! Collection." What Happened: According to the Charlotte, North Carolina-based company, the new collection will consist of three products: