Shares of donut giant Krispy Kreme (DNUT 3.94%) fell 32.2% this week through Thursday trading, according to data from S&P Global Market Intelligence.
Shares of Krispy Kreme (DNUT -8.27%) continued to sink on Wednesday after dropping by more than 20% on Tuesday. As of 11:50 a.m.
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 20% Tuesday morning as it also issued weaker-than-expected guidance.
Krispy Kreme, Inc. (NASDAQ:DNUT ) Q4 2024 Earnings Conference Call February 25, 2025 8:30 AM ET Company Participants Dre Eldredge - IR Joshua Charlesworth - President and CEO Jeremiah Ashukian - EVP and CFO Conference Call Participants Daniel Guglielmo - Capital One Securities Brian Harbour - Morgan Stanley Andrew Wolf - C.L. King Rahul Krotthapalli - JPMorgan Bill Chappell - Truist Securities Brian Mullan - Piper Sandler Jaafar Mestari - BNP Paribas Jon Tower - Citigroup David Palmer - Evercore ISI Operator Thanks for standing by.
Shares of the iconic donut and coffee maker Krispy Kreme (DNUT -23.27%) 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.
While the top- and bottom-line numbers for Krispy Kreme (DNUT) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Shares of Krispy Kreme (DNUT) sank more than 20% Tuesday to trade at an all-time low as the donut maker posted worse-than-expected results and guidance as it was hit with a cyberattack and continued its restructuring efforts.
On Tuesday, doughnut maker Krispy Kreme Inc. DNUT stock traded lower after it reported worse-than-expected fourth-quarter earnings.
The stock plummets after fourth-quarter results and full-year guidance disappoint.
Krispy Kreme reported fourth-quarter results before market open.
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 (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.