Get a deeper insight into the potential performance of Krispy Kreme (DNUT) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
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] Click Here 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.
Krispy Kreme Inc DNUT faces a sticky situation as it launches four new “F.R.I.E.N.D.S”-themed doughnuts, tantalizingly named after iconic show moments, like “WE WERE ON A COFFEE BREAK” and “HOW YOU DOIN'?”. The twist?
Wall Street firm Truist Securities is betting that consumers will still buy Krispy Kreme doughnuts amid the surge in weight-loss drugs like Novo Nordisk's Ozempic.
When the dust settled after Monday's trading session, shares of doughnut retailer and wholesaler Krispy Kreme (NASDAQ: DNUT ) found themselves up more than 6%. Driving the positive sentiment was the company's partnership with McDonald's (NYSE: MCD ).