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BRIEF-Krispy Kreme Sells Majority Ownership Stake Of Insomnia Cookies
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BRIEF-Krispy Kreme Sells Majority Ownership Stake Of Insomnia Cookies
Jul 22, 2024 4:21 AM

July 22 (Reuters) - Krispy Kreme Inc ( DNUT ):

* KRISPY KREME SELLS MAJORITY OWNERSHIP STAKE OF INSOMNIA

COOKIES

* KRISPY KREME INC ( DNUT ): TRANSACTION REPRESENTS A $350 MILLION

TOTAL

ENTERPRISE VALUE

* KRISPY KREME INC ( DNUT ) - TO REMAIN 34% MINORITY SHAREHOLDER

* KRISPY KREME INC ( DNUT ): EXPECTS TO UPDATE ITS FULL YEAR 2024

GUIDANCE

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