Why Krispy Kreme's Stock Is Tanking Today
Shares of the iconic donut and coffee maker Krispy Kreme (NASDAQ: DNUT) had declined by about 24% as of 11:07 a.m. ET today after the company reported disappointing fourth-quarter earnings and fiscal 2025 guidance.
Krispy Kreme Sees Higher Sales After Cyberattack Dents Quarterly Results
Krispy Kreme guided for higher organic sales this year after a cyberattack ate into its growth during the last three months of 2024.
Krispy Kreme: Q4 Earnings Snapshot
CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Krispy Kreme Inc. (DNUT) on Tuesday reported a loss of $22.4 million in its fourth quarter. On a per-share basis, the Charlotte, North Carolina-based company said it had a loss of 13 cents. Earnings, adjusted for one-time gains and costs, came to 1 cent per share.
Krispy Kreme Reports Fourth Quarter and Full Year 2024 Financial Results
Krispy Kreme, Inc. (NASDAQ: DNUT) (“Krispy Kreme”, “KKI”, or the “Company”) today reported financial results for the fourth quarter and full year ended December 29, 2024.
Krispy Kreme Declares Quarterly Dividend
Krispy Kreme, Inc. (NASDAQ:DNUT) (“Krispy Kreme” or the “Company”), today announced a quarterly cash dividend of $0.035 per share of common stock, in
Krispy Kreme stock heads for record low as earnings set for further disappointment
Krispy Kreme Inc. shares undefined Revenue fell 10.4% to $404 million from $450.9 million in the prior year’s quarter, missing the FactSet consensus estimate of $414 million. Krispy Kreme said the sale of its Insomnia Cookies stake had a $101 million impact on revenue,
Krispy Kreme Stock Hits All-Time Low on Weaker-Than-Expected Results
Key Takeaways Krispy Kreme shares sank to a record low as results and guidance missed estimates following a cybersecurity incident and restructuring moves.The donut maker said the December hack had an $11 million impact on revenue.
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Krispy Kreme (NASDAQ:DNUT) Misses Q4 Revenue Estimates, Stock Drops
Doughnut chain Krispy Kreme (NASDAQ:DNUT) in Q4 CY2024, with sales falling 10.4% year on year to $404 million. The company’s ...
Krispy Kreme Stock Tumbles On Q4 Performance Lag, Weak Annual Outlook
On Tuesday, doughnut maker Krispy Kreme Inc. (NASDAQ:DNUT) stock traded lower after it reported worse-than-expected ...
Krispy Kreme's McDonald's Deal Promises Growth - But Can It Deliver?
Krispy Kreme's undervalued shares show growth potential with a McDonald's partnership, adding 15,000 access points and ...
Brokerages Set Krispy Kreme, Inc. (NASDAQ:DNUT) Price Target at $15.25
Shares of Krispy Kreme, Inc. (NASDAQ:DNUT – Get Free Report) have received a consensus rating of “Moderate Buy” from the nine ...
Krispy Kreme aims for long-term growth through US partners: CEO
Krispy Kreme's (DNUT) recent struggles were evident as the company missed Wall Street expectations in its fourth quarter, with a 10% drop in revenue from last year. Krispy Kreme stock plunges by over ...