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CHARLOTTE, N.C.--(BUSINESS WIRE)--Krispy Kreme® is making an iconic flavor statement – literally – to celebrate Barbie brand's 65th anniversary: four all-new doughnuts featuring unique designs and fabulous flavors inspired by Barbie, the trend-setting and timeless global fashion doll. Beginning today for a limited time at participating Krispy Kreme shops, fans can enjoy and share the Barbie™ x Krispy Kreme Collection in a limited-edition custom box, including: Barbie™ Pink Doughnut – inspired b.
Krispy Kreme's Q2 results showed solid financial momentum, but better growth is only ahead with the upcoming McDonalds partnership implementation. A majority stake of Insomnia Cookies was sold at a total implied EV of $350 million, in my opinion ending the strategic alternative process well. Krispy Kreme's stock valuation has gotten more attractive ahead of accelerating growth, but I believe that the valuation still shows a mostly fair margin of safety.
Review Krispy Kreme's (DNUT) international revenue performance and how it affects the predictions of financial analysts on Wall Street and the future prospects for the stock.
Krispy Kreme, Inc. (NASDAQ:DNUT ) Q2 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants Josh Charlesworth - President & CEO Jeremiah Ashukian - CFO Conference Call Participants Sara Senatore - Bank of America Merrill Lynch Rahul Krotthapalli - JPMorgan Bill Chappell - Truist Securities Dan Guglielmo - Capital One Securities Operator [Abrupt Start] https://investors.krispykreme.com./ joining me on the call this morning are President and Chief Executive Officer Josh Charlesworth and Chief Financial Officer Jeremiah Ashukian.
The headline numbers for Krispy Kreme (DNUT) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Krispy Kreme (DNUT) came out with quarterly earnings of $0.05 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.07 per share a year ago.
Krispy Kreme Inc.'s stock DNUT, -4.37% rose 1% premarket Thursday, after the doughnut maker posted mixed earnings with revenue a touch ahead of consensus and guidance somewhat soft. The company had a net loss of $5.5 million, or 3 cents a share, for the quarter, after income of $0.2 million, or breakeven, in the year-earlier period.
Evaluate the expected performance of Krispy Kreme (DNUT) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Krispy Kreme (DNUT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CNBC's Andrew Ross Sorkin reports on Krispy Kreme's global expansion.