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Krispy Kreme could soon be back on the stock market

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Just on the down-low, Krispy Kreme could be going public

The Krispy Kreme doughnut chain has confidentially filed an IPO with US regulators.

The move would see the chain return to the stock market after it was taken private 5 years ago.

The company had to withdraw from the market in the year 2000 after it filed for Bankruptcy.

Donuts no stranger to the markets

Krispy Kreme went public in 2000. It was one of the hottest stocks on Wall Street for years, before nearly collapsing amid an accounting scandal and money-losing doughnut shops.

However, the company was eventually able to save face, earning a $1.35 billion buyout by JAB.

The company has done well privately-held. Since 2015, according to data from Restaurant Business sister company Technomic, its global system sales have increased 58% to $960 million.

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