Jun 1, 2021 - Economy & Business

Krispy Kreme files for an IPO

Photo Illustration by Scott Olson/Getty Images)

Doughnut chain Krispy Kreme on Tuesday filed for an initial public offering, saying that it plans to trade on the Nasdaq under ticker symbol "DNUT."

Inside the numbers: Krispy Kreme reported a 23% revenue increase between Q1 2020 and Q1 2021, but the North Carolina-based chain remains unprofitable.

History: Krispy Kreme originally went public in 2000, but filed for Chapter 11 bankruptcy five years later. In 2016, it was acquired by private equity firm BDT Capital Partners and German retail conglomerate JAB Holding.

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