Krispy Kreme, Inc. (DNUT)

US — Consumer Defensive Sector
Peers: ASAI  NGVC  SFM  ACI  IMKTA  KR  GO  WMK  MF 

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Key Metrics & Ratings

  • symbol DNUT
  • Rev/Share 9.3832
  • Book/Share 6.644
  • PB 0.4529
  • Debt/Equity 1.3169
  • CurrentRatio 0.3515
  • ROIC -0.0235

 

  • MktCap 500444000.0
  • FreeCF/Share -0.44
  • PFCF -6.6795
  • PE -23.041
  • Debt/Assets 0.4696
  • DivYield 0.0478
  • ROE -0.019

 

  • Rating C
  • Score 2
  • Recommendation Sell
  • P/E Score 1
  • DCF Score 2
  • P/B Score 4
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Downgrade DNUT Truist Buy Hold -- -- May 8, 2025
Downgrade DNUT Morgan Stanley Equal Weight Underweight $12 $6 Feb. 26, 2025
Resumed DNUT Evercore ISI -- In-line -- $13 Aug. 27, 2024

News

Robbins LLP Reminds DNUT Shareholders About the Krispy Kreme, Inc. Clas Action Lawsuit
DNUT
Published: May 29, 2025 by: PRNewsWire
Sentiment: Neutral

SAN DIEGO , May 29, 2025 /PRNewswire/ -- Robbins LLP reminds stockholders that a class action was filed on behalf of investors who purchased Krispy Kreme, Inc. (NASDAQ: DNUT) securities between February 25, 2025 and May 7, 2025. Krispy Kreme produced doughnuts.

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image for news Robbins LLP Reminds DNUT Shareholders About the Krispy Kreme, Inc. Clas Action Lawsuit
The Gross Law Firm Reminds Krispy Kreme, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of July 15, 2025 – DNUT
DNUT
Published: May 29, 2025 by: GlobeNewsWire
Sentiment: Neutral

NEW YORK, May 29, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Krispy Kreme, Inc. (NASDAQ: DNUT).

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image for news The Gross Law Firm Reminds Krispy Kreme, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of July 15, 2025 – DNUT
DNUT LAWSUIT ALERT: Levi & Korsinsky Notifies Krispy Kreme, Inc. Investors - Lead Plaintiff Deadline July 15, 2025
DNUT
Published: May 28, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / May 28, 2025 / If you suffered a loss on your Krispy Kreme, Inc. (NASDAQ:DNUT) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/krispy-kreme-inc-lawsuit-submission-form?prid=150593&wire=1&utm_campaign=7 or contact Joseph E. Levi, Esq.

Read More
image for news DNUT LAWSUIT ALERT: Levi & Korsinsky Notifies Krispy Kreme, Inc. Investors - Lead Plaintiff Deadline July 15, 2025
ROSEN, LEADING INVESTOR COUNSEL, Encourages Krispy Kreme, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - DNUT
DNUT
Published: May 28, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK CITY, NY / ACCESS Newswire / May 28, 2025 / WHY: New York, N.Y., May 28, 2025.

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image for news ROSEN, LEADING INVESTOR COUNSEL, Encourages Krispy Kreme, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - DNUT
Securities Class Action Lawsuit Filed Against Krispy Kreme, Inc. (DNUT) - Levi & Korsinsky Represents Shareholders
DNUT
Published: May 28, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / May 28, 2025 / If you suffered a loss on your Krispy Kreme, Inc. (NASDAQ:DNUT) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/krispy-kreme-inc-lawsuit-submission-form?prid=150589&wire=1&utm_campaign=13 or contact Joseph E. Levi, Esq.

Read More
image for news Securities Class Action Lawsuit Filed Against Krispy Kreme, Inc. (DNUT) - Levi & Korsinsky Represents Shareholders
Levi & Korsinsky Notifies Krispy Kreme, Inc. (DNUT) Shareholders of Class Action Lawsuit and July 15, 2025 Deadline
DNUT
Published: May 28, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / May 28, 2025 / If you suffered a loss on your Krispy Kreme, Inc. (NASDAQ:DNUT) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/krispy-kreme-inc-lawsuit-submission-form?prid=150576&wire=1&utm_campaign=15 or contact Joseph E. Levi, Esq.

Read More
image for news Levi & Korsinsky Notifies Krispy Kreme, Inc. (DNUT) Shareholders of Class Action Lawsuit and July 15, 2025 Deadline
DNUT Investors Have the Opportunity to Lead the Krispy Kreme Securities Fraud Lawsuit with Faruqi & Faruqi, LLP
DNUT
Published: May 28, 2025 by: GlobeNewsWire
Sentiment: Neutral

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Krispy Kreme To Contact Him Directly To Discuss Their Options

Read More
image for news DNUT Investors Have the Opportunity to Lead the Krispy Kreme Securities Fraud Lawsuit with Faruqi & Faruqi, LLP
July 15, 2025 Deadline: Join Class Action Lawsuit Against Krispy Kreme, Inc. (DNUT) - Contact Levi & Korsinsky
DNUT
Published: May 28, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / May 28, 2025 / If you suffered a loss on your Krispy Kreme, Inc. (NASDAQ:DNUT) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/krispy-kreme-inc-lawsuit-submission-form?prid=150555&wire=1&utm_campaign=6 or contact Joseph E. Levi, Esq.

Read More
image for news July 15, 2025 Deadline: Join Class Action Lawsuit Against Krispy Kreme, Inc. (DNUT) - Contact Levi & Korsinsky
Krispy Kreme, Inc. (DNUT) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
DNUT
Published: May 27, 2025 by: PRNewsWire
Sentiment: Neutral

BENSALEM, Pa. , May 27, 2025 /PRNewswire/ -- The Law Offices of Howard G.

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image for news Krispy Kreme, Inc. (DNUT) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Shareholders of Krispy Kreme, Inc. (DNUT): Protect Your Rights Before July 15, 2025 - Contact Levi & Korsinsky
DNUT
Published: May 27, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / May 27, 2025 / If you suffered a loss on your Krispy Kreme, Inc. (NASDAQ:DNUT) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/krispy-kreme-inc-lawsuit-submission-form?prid=150369&wire=1&utm_campaign=21 or contact Joseph E. Levi, Esq.

Read More
image for news Shareholders of Krispy Kreme, Inc. (DNUT): Protect Your Rights Before July 15, 2025 - Contact Levi & Korsinsky
Class Action Lawsuit Filed: Krispy Kreme, Inc. (DNUT) - Join by July 15, 2025 - Contact Levi & Korsinsky
DNUT
Published: May 26, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / May 26, 2025 / If you suffered a loss on your Krispy Kreme, Inc. (NASDAQ:DNUT) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/krispy-kreme-inc-lawsuit-submission-form?prid=150223&wire=1&utm_campaign=8 or contact Joseph E. Levi, Esq.

Read More
image for news Class Action Lawsuit Filed: Krispy Kreme, Inc. (DNUT) - Join by July 15, 2025 - Contact Levi & Korsinsky
Lost Money on Krispy Kreme, Inc. (DNUT)? Urged to Join Class Action Before July 15, 2025 - Contact Levi & Korsinsky
DNUT
Published: May 26, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / May 26, 2025 / If you suffered a loss on your Krispy Kreme, Inc. (NASDAQ:DNUT) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/krispy-kreme-inc-lawsuit-submission-form?prid=150197&wire=1&utm_campaign=22 or contact Joseph E. Levi, Esq.

Read More
image for news Lost Money on Krispy Kreme, Inc. (DNUT)? Urged to Join Class Action Before July 15, 2025 - Contact Levi & Korsinsky
DNUT INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Krispy Kreme, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
DNUT
Published: May 26, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK CITY, NY / ACCESS Newswire / May 26, 2025 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Krispy Kreme, Inc. ("Krispy Kreme" or "the Company") (NASDAQ:DNUT) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Krispy Kreme securities between February 25, 2025 and May 7, 2025, both dates inclusive (the "Class Period").

Read More
image for news DNUT INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Krispy Kreme, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
Securities Class Action Lawsuit Filed Against Krispy Kreme, Inc. (DNUT) - Levi & Korsinsky Represents Shareholders
DNUT
Published: May 25, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / May 25, 2025 / If you suffered a loss on your Krispy Kreme, Inc. (NASDAQ:DNUT) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/krispy-kreme-inc-lawsuit-submission-form?prid=150164&wire=1&utm_campaign=13 or contact Joseph E. Levi, Esq.

Read More
image for news Securities Class Action Lawsuit Filed Against Krispy Kreme, Inc. (DNUT) - Levi & Korsinsky Represents Shareholders
Krispy Kreme, Inc. (DNUT) Lawsuit - Investors Urged to Contact Levi & Korsinsky Before July 15, 2025
DNUT
Published: May 25, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / May 25, 2025 / If you suffered a loss on your Krispy Kreme, Inc. (NASDAQ:DNUT) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/krispy-kreme-inc-lawsuit-submission-form?prid=150160&wire=1&utm_campaign=4 or contact Joseph E. Levi, Esq.

Read More
image for news Krispy Kreme, Inc. (DNUT) Lawsuit - Investors Urged to Contact Levi & Korsinsky Before July 15, 2025
ROSEN, A LEADING LAW FIRM, Encourages Krispy Kreme, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - DNUT
DNUT
Published: May 25, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK CITY, NY / ACCESS Newswire / May 25, 2025 / WHY: New York, N.Y., May 25, 2025.

Read More
image for news ROSEN, A LEADING LAW FIRM, Encourages Krispy Kreme, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - DNUT
Krispy Kreme, Inc. (DNUT) Class Action Lawsuit: Levi & Korsinsky Reminds Investors of July 15, 2025 Deadline
DNUT
Published: May 25, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / May 25, 2025 / If you suffered a loss on your Krispy Kreme, Inc. (NASDAQ:DNUT) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/krispy-kreme-inc-lawsuit-submission-form?prid=150156&wire=1&utm_campaign=1 or contact Joseph E. Levi, Esq.

Read More
image for news Krispy Kreme, Inc. (DNUT) Class Action Lawsuit: Levi & Korsinsky Reminds Investors of July 15, 2025 Deadline
DNUT INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Krispy Kreme, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
DNUT
Published: May 25, 2025 by: GlobeNewsWire
Sentiment: Neutral

SAN DIEGO, May 25, 2025 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP announces that The Krispy Kreme class action lawsuit – captioned Cameron v. Krispy Kreme, Inc., No. 25-cv-00332 (W.D.N.C.) – seeks to represent purchasers or acquirers of Krispy Kreme, Inc. (NASDAQ: DNUT) securities and charges Krispy Kreme as well as certain of Krispy Kreme's top executives with violations of the Securities Exchange Act of 1934.

Read More
image for news DNUT INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Krispy Kreme, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Investor Alert: Deadline Approaching to Join Krispy Kreme, Inc. (DNUT) Class Action - Contact Levi & Korsinsky
DNUT
Published: May 23, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / May 23, 2025 / If you suffered a loss on your Krispy Kreme, Inc. (NASDAQ:DNUT) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/krispy-kreme-inc-lawsuit-submission-form?prid=150017&wire=1&utm_campaign=25 or contact Joseph E. Levi, Esq.

Read More
image for news Investor Alert: Deadline Approaching to Join Krispy Kreme, Inc. (DNUT) Class Action - Contact Levi & Korsinsky
ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Krispy Kreme, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - DNUT
DNUT
Published: May 23, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK CITY, NY / ACCESS Newswire / May 23, 2025 / WHY: New York, N.Y., May 23, 2025.

Read More
image for news ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Krispy Kreme, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - DNUT
Levi & Korsinsky Notifies Krispy Kreme, Inc. (DNUT) Investors - Lead Plaintiff Deadline on July 15, 2025
DNUT
Published: May 23, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / May 23, 2025 / If you suffered a loss on your Krispy Kreme, Inc. (NASDAQ:DNUT) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/krispy-kreme-inc-lawsuit-submission-form?prid=150006&wire=1&utm_campaign=14 or contact Joseph E. Levi, Esq.

Read More
image for news Levi & Korsinsky Notifies Krispy Kreme, Inc. (DNUT) Investors - Lead Plaintiff Deadline on July 15, 2025
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Krispy Kreme, Inc. of Class Action Lawsuit and Upcoming Deadlines - DNUT
DNUT
Published: May 23, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK CITY, NY / ACCESS Newswire / May 23, 2025 / Pomerantz LLP announces that a class action lawsuit has been filed against Krispy Kreme, Inc. ("Krispy Kreme" or the "Company") (NASDAQ:DNUT). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext.

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image for news INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Krispy Kreme, Inc. of Class Action Lawsuit and Upcoming Deadlines - DNUT
Krispy Kreme, Inc. (DNUT) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
DNUT
Published: May 23, 2025 by: PRNewsWire
Sentiment: Neutral

LOS ANGELES , May 23, 2025 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with losses related to Krispy Kreme, Inc. ("Krispy Kreme" or the "Company") (NASDAQ: DNUT) have opportunity to lead the securities fraud class action lawsuit.

Read More
image for news Krispy Kreme, Inc. (DNUT) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Class Action Lawsuit Filed Against Krispy Kreme, Inc. (DNUT) - Recover Losses - Contact Levi & Korsinsky Before July 15, 2025
DNUT
Published: May 23, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / May 23, 2025 / If you suffered a loss on your Krispy Kreme, Inc. (NASDAQ:DNUT) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/krispy-kreme-inc-lawsuit-submission-form?prid=149994&wire=1&utm_campaign=9 or contact Joseph E. Levi, Esq.

Read More
image for news Class Action Lawsuit Filed Against Krispy Kreme, Inc. (DNUT) - Recover Losses - Contact Levi & Korsinsky Before July 15, 2025
DNUT Investors Have the Opportunity to Lead the Krispy Kreme Securities Fraud Lawsuit with Faruqi & Faruqi, LLP
DNUT
Published: May 23, 2025 by: GlobeNewsWire
Sentiment: Neutral

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Krispy Kreme To Contact Him Directly To Discuss Their Options

Read More
image for news DNUT Investors Have the Opportunity to Lead the Krispy Kreme Securities Fraud Lawsuit with Faruqi & Faruqi, LLP
Securities Lawsuit Alert: Krispy Kreme, Inc. (DNUT) - Contact Levi & Korsinsky Before July 15, 2025
DNUT
Published: May 23, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / May 23, 2025 / If you suffered a loss on your Krispy Kreme, Inc. (NASDAQ:DNUT) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/krispy-kreme-inc-lawsuit-submission-form?prid=149899&wire=1&utm_campaign=3 or contact Joseph E. Levi, Esq.

Read More
image for news Securities Lawsuit Alert: Krispy Kreme, Inc. (DNUT) - Contact Levi & Korsinsky Before July 15, 2025
Shareholders of Krispy Kreme, Inc. (DNUT): Protect Your Rights Before July 15, 2025 - Contact Levi & Korsinsky
DNUT
Published: May 22, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / May 22, 2025 / If you suffered a loss on your Krispy Kreme, Inc. (NASDAQ:DNUT) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/krispy-kreme-inc-lawsuit-submission-form?prid=149830&wire=1&utm_campaign=21 or contact Joseph E. Levi, Esq.

Read More
image for news Shareholders of Krispy Kreme, Inc. (DNUT): Protect Your Rights Before July 15, 2025 - Contact Levi & Korsinsky
July 15, 2025 Deadline Approaching: Join Class Action Against Krispy Kreme, Inc. (DNUT) - Contact Levi & Korsinsky
DNUT
Published: May 22, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / May 22, 2025 / If you suffered a loss on your Krispy Kreme, Inc. (NASDAQ:DNUT) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/krispy-kreme-inc-lawsuit-submission-form?prid=149818&wire=1&utm_campaign=30 or contact Joseph E. Levi, Esq.

Read More
image for news July 15, 2025 Deadline Approaching: Join Class Action Against Krispy Kreme, Inc. (DNUT) - Contact Levi & Korsinsky
DNUT Class Action Alert: Robbins LLP Reminds Investors of the Lead Plaintiff Deadline in the Krispy Kreme Class Action
DNUT
Published: May 22, 2025 by: Accesswire
Sentiment: Neutral

SAN DIEGO, CA / ACCESS Newswire / May 22, 2025 / Robbins LLP reminds stockholders that a class action was filed on behalf of investors who purchased Krispy Kreme, Inc. (NASDAQ:DNUT) securities between February 25, 2025 and May 7, 2025. Krispy Kreme produced doughnuts.

Read More
image for news DNUT Class Action Alert: Robbins LLP Reminds Investors of the Lead Plaintiff Deadline in the Krispy Kreme Class Action
Lost Money on Krispy Kreme, Inc.(DNUT)? Join Class Action Suit Seeking Recovery – Contact Levi & Korsinsky
DNUT
Published: May 22, 2025 by: GlobeNewsWire
Sentiment: Neutral

NEW YORK, May 22, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Krispy Kreme, Inc. ("Krispy Kreme, Inc." or the "Company") (NASDAQ: DNUT) of a class action securities lawsuit.

Read More
image for news Lost Money on Krispy Kreme, Inc.(DNUT)? Join Class Action Suit Seeking Recovery – Contact Levi & Korsinsky

About Krispy Kreme, Inc. (DNUT)

  • IPO Date 2021-07-01
  • Website https://www.krispykreme.com
  • Industry Grocery Stores
  • CEO Mr. Joshua Charlesworth
  • Employees 21000

Krispy Kreme, Inc., together with its subsidiaries, operates through an omni-channel business model to provide doughnut experiences and produce doughnuts. The company operates through three segments: U.S. and Canada, International, and Market Development. It also produces cookies, brownies, cookie cakes, ice cream, cookie-wiches, and cold milk, as well as doughnut mixes, other ingredients, and doughnut-making equipment. As of January 2, 2022, the company had 1,810 Krispy Kreme and Insomnia Cookies-branded shops in approximately 30 countries worldwide, which include 971 company owned and 839 franchised. It serves through doughnut shops, delivered fresh daily outlets, ecommerce, and delivery business. The company was formerly known as Krispy Kreme Doughnuts, Inc. and changed its name to Krispy Kreme, Inc. in May 2021. Krispy Kreme, Inc. was founded in 1937 and is headquartered in Charlotte, North Carolina.