Krispy Kreme, the doughnut giant owned by the European investment firm JAB Holding, is planning to sell stock to the public. The company revealed its financials for the first time on Tuesday as it prepares for a public listing in the United States. Losses, though, nearly doubled, to $60 million from $34 million as the company doubled down on efforts to transform itself. The firm has since taken JDE Peets public and is laying the groundwork to do the same with Panera. market has been wide open for consumer brands like Oatly, the dairy-free milk producer, and Honest Company, the online consumer products retailer.

Source: New York Times June 01, 2021 13:42 UTC