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Krispy Kreme, Inc. (DNUT) operates as a branded retailer and wholesaler of doughnuts, coffee and other complementary beverages, and treats and packaged sweets. 
The company operates through four segments: Company Stores, Domestic Franchise, International Franchise, and KK Supply Chain.
It owns and franchises Krispy Kreme stores. As of August 01, 2018, the company operated approximately 1,400 retail shops in 32 countries.
It also produces doughnut mixes and doughnut-making equipment. Krispy Kreme, Inc. was formerly known as Krispy Kreme Doughnuts, Inc. and changed its name to Krispy Kreme, Inc. in May 2021.
The company was founded in 1937 and is headquartered in Winston-Salem, North Carolina. Shares of this recent IPO have moved out of a downward trading channel.
In a regulatory filing, Krispy Kreme disclosed that its chairman Olivier Goudet bought 60K shares of common stock on August 19th in a total transaction size of $792.7K. In a regulatory filing, Krispy Kreme disclosed that its CEO Michael Tattersfield bought 10.5K shares of common stock on August 19th in a total transaction size of $150.1K.
Higher share prices are expected for this stock.
Entry Point: $16.85
Stop Loss: $15.85
Trading Range: $12.825 to $21.69
Target Price: $18.60
