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.
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.
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 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.
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.