Krispy Kreme, Inc.
(Note: Krispy Kreme, Inc., is planning to go public again, according to its S-1 filing dated June 1, 2021. The company was taken private in 2016 by JAB Holding Co., a European investment fund. JAB will sell stock in the IPO. After the IPO, JAB will still be the controlling shareholder.)
Krispy Kreme is one of the most beloved and well-known sweet treat brands in the world. Over its 83-year history, Krispy Kreme has developed a broad consumer base, selling 1.3 billion doughnuts across 30 countries in fiscal 2020. We are an omni-channel business operating through a network of doughnut shops, partnerships with leading retailers, and a rapidly growing e-Commerce and delivery business. We believe that we have one of the largest and most passionate consumer followings today, exemplified by the over 38 billion total media impressions generated by Krispy Kreme in fiscal 2020. As an affordable indulgence enjoyed across cultures, races, and income levels, we believe that Krispy Kreme has the potential to deliver joyful experiences across the world.
Krispy Kreme doughnuts are world-renowned for their freshness, taste and quality. Our iconic Original Glazed doughnut is universally recognized for its melt-in-your-mouth experience. One differentiating aspect of the Original Glazed® doughnut is its ability to be served hot. In our Hot Light Theater Shops, we produce fresh Original Glazed doughnuts right in front of our guests and turn on our iconic “Hot Now” light to let the world know that our doughnuts are hot and ready. We dedicate ourselves to providing the freshest and most awesome doughnut experience imaginable, with 73% of our surveyed customers, in a 2021 survey conducted by the Company, reporting that if they could eat only one doughnut brand for the rest of their life, they would choose Krispy Kreme.
|Industry:||Retail - Food Stores|
|Address||2116 Hawkins Street Charlotte, North Carolina 28203|
|Phone Number||(800) 457-4779|
|View Prospectus:||Krispy Kreme, Inc.|
|Revenues||$1122.04 mil (last 12 months)|
|Net Income||$-60.94 mil (last 12 months)|
|Price range||$0.00 - $0.00|
|Est. $ Volume||$100.0 mil|
|Manager / Joint Managers||J.P. Morgan/ Morgan Stanley/ BofA Securities/ Citigroup/ BNP Paribas/ Deutsche Bank Securities/ Evercore ISI/ Goldman Sachs/ HSBC/ Truist Securities/ Wells Fargo Securities|
|CO-Managers||Capital One Securities/ C.L. King & Associates/ Credit Agricole CIB/ Mischler Financial Group/ MUFG/ Ramirez & Co./ Santander Investment Securities/ Siebert Williams Shank|
|Expected To Trade:|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|