Krispy Kreme stock heads for record low as earnings set for further disappointment
Krispy Kreme reported fourth-quarter results before market open.
Krispy Kreme's McDonald's Deal Promises Growth - But Can It Deliver?
Krispy Kreme shares are undervalued, with significant growth potential from a new partnership with McDonald's, expanding access points from 19.6% to 33% in 2.5 years. Despite disappointing Q3 results, DNUT's organic revenue growth and a GAAP net income of $37.6 million highlight the core business's resilience. The McDonald's partnership is a game-changer, expected to add 15,000 access points and significantly boost revenue and adjusted EBITDA by 2026.
Krispy Kreme cyberattack: Stock dips, online doughnut orders disrupted by IT security breach of unknown scale
Krispy Kreme (NASDAQ: DNUT) has been grappling with significant operational challenges after detecting a cybersecurity breach on November 29, which disrupted its online ordering systems. While its 400 U.S. locations continue to operate for in-store purchases, the breach has caused ongoing disruptions to digital sales, a segment that constitutes 15.5% of the company's doughnut-shop sales.
Krispy Kreme says hackers disrupted its online ordering, likely hurting its 'financial condition'
Krispy Kreme said in an SEC filing that it's navigating a cybersecurity incident. The company is experiencing operational disruptions, including with online orders in the US.
Krispy Kreme Warns a Cyber Attack Will Negatively Impact Results
Shares of Krispy Kreme (DNUT) fell Wednesday after the donut maker reported a recent cyber attack caused disruptions that will have a negative effect on its financial results.
Krispy Kreme is latest to report a cyberattack that's hampering its business
Krispy Kreme Inc.'s stock fell 2% early Wednesday, after the company said a breach of its IT systems has had a material impact on its business operations and is likely to continue to do so until it can complete recovery efforts.
Krispy Kreme says cybersecurity incident is impacting online orders in US
Doughnut chain Krispy Kreme said on Wednesday that unauthorized activity on a portion of its information technology systems has disrupted certain operations, including online ordering in the United States.
Krispy Kreme: Executing Well On The McDonald's Partnership Strategy
I reiterate my buy rating for DNUT due to successful execution of the McDonald's partnership, which has significantly expanded its growth trajectory and EBITDA margin. DNUT's 3Q24 results showed revenue of ~$379.9 million, with the Chicago rollout to 400+ McDonald's stores performing in line with expectations and no negative impact on existing shops. DNUT's potential expansion to larger retailers like Target and Costco could significantly boost growth.
Investing in Krispy Kreme (DNUT)? Don't Miss Assessing Its International Revenue Trends
Examine the evolution of Krispy Kreme's (DNUT) overseas revenue trends and their effects on Wall Street's forecasts and the stock's prospects.
Krispy Kreme, Inc. (DNUT) Q3 2024 Earnings Call Transcript
Start Time: 08:30 January 1, 0000 9:14 AM ET Krispy Kreme, Inc. (NASDAQ:DNUT ) Q3 2024 Earnings Call November 07, 2024, 08:30 AM ET Company Participants Joshua Charlesworth - President and CEO Jeremiah Ashukian - EVP and CFO Dre Eldredge - IR Conference Call Participants Brian Harbour - Morgan Stanley Daniel Guglielmo - Capital One Securities Rahul Krotthapalli - JPMorgan Sara Senatore - Bank of America Bill Chappell - Truist Securities Operator Thank you for standing by. My name is Greg, and I will be your conference operator today.
Krispy Kreme (DNUT) Reports Q3 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Krispy Kreme (DNUT) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Krispy Kreme's stock drops on earnings miss
Doughnut maker warns its full-year 2024 profit is expected to fall short of analyst estimates.
