Krispy Kreme Inc is a renowned company specializing in the production and sale of fresh, high-quality doughnuts and coffee
Known for its iconic Original Glazed doughnut, Krispy Kreme operates a network of retail locations, including drive-thrus and in-store cafés, where customers can enjoy a variety of delectable doughnut flavors and beverages. The company also engages in wholesale distribution, supplying its products to grocery stores and other retailers. With a commitment to innovation, Krispy Kreme frequently introduces new flavors and seasonal offerings, making it a beloved brand among doughnut enthusiasts worldwide.
McDonald's won't be adding an egg surcharge anytime soon in restaurants. The restaurant giant is celebrating its breakfast anniversary with specials on egg-based menu items.
Shares of doughnut chain Krispy Kreme (NASDAQDNUT)
fell 26.1% in the pre-market session after the company reported disappointing Q4 2024 results as it missed across all key metrics, including sales, operating profits, and earnings. Revenue fell 10.4% year on year, reflecting a decline in U.S. sales due to the Insomnia Cookies divestiture and the impact of a cybersecurity incident that cost an estimated $11 million in lost revenue.
Doughnut chain Krispy Kreme (NASDAQDNUT) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 10.4% year on year to $404 million. The company’s full-year revenue guidance of $1.6 billion at the midpoint came in 10.4% below analysts’ estimates. Its non-GAAP profit of $0.01 per share was 89.8% below analysts’ consensus estimates.
Markets fell broadly Tuesday with the S&P 500 trading at five-week lows and the Nasdaq extending its three-day losing streak. The Dow Jones managed to recover midday while Wall Street digested a weaker-than-anticipated consumer confidence survey from the Conference Board, adding to concerns over the health of the U.S.
Krispy Kreme Inc (NASDAQDNUT) shares fall after the company reported worse-than-expected fourth-quarter results for FY24. Sales dropped 10.4% year-on-year to $404 million, missing estimates. The company cited lost revenue from the 2024 Cybersecurity Incident and widened operating losses.
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme”, “KKI”, or the “Company”) today reported financial results for the fourth quarter and full year ended December 29, 2024.
Movie and doughnut fans can press “play” on flavor thanks to a one-of-a-kind collaboration between Krispy Kreme® and Hulu that’s bringing home four all-new doughnuts inspired by the cinema snack bar.
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company”), today announced a quarterly cash dividend of $0.035 per share of common stock, in accordance with the Company’s dividend policy. The dividend was declared today, February 13, 2025, and will be paid on May 7, 2025, to shareholders of record on April 23, 2025.
Krispy Kreme, Inc. (NASDAQDNUT) (“Krispy Kreme” or the “Company”), today announced that it will issue its fourth quarter and full year 2024 earnings results on Tuesday, February 25, 2025. Management will host a conference call to discuss the results at 8:30AM ET on the same day.
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