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Krispy Kreme Priced, Nasdaq: DNUT

Owns, operates, and franchises doughnut shops.

Industry: Consumer Discretionary

Latest Trade: $11.27 0.00 (0.0%)

First Day Return: +23.5%

Return from IPO: -33.7%

Industry: Consumer Discretionary

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. We also create “cookie magic” through our Insomnia Cookies business. Since the 2016 JAB Acquisition, we have transformed our business and re-focused our strategy to grow our presence and expand our consumer reach.
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IPO Data
IPO File Date 06/01/2021
Offer Price $17.00
Price Range $21.00 - $24.00
Offer Shares (mm) 29.4
Deal Size ($mm) $500
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 06/30/2021
Offer Price $17.00
Price Range $21.00 - $24.00
Offer Shares (mm) 29.4
Deal Size ($mm) $500
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
J.P. Morgan
Morgan Stanley
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Company Data
Headquarters Charlotte, NC, United States
Founded 1937
Employees 21,000
Website www.krispykreme.com

Krispy Kreme (DNUT) Performance