Krispy Kreme (NASDAQ:DNUT) Releases Quarterly Earnings Results

Krispy Kreme (NASDAQ:DNUT - Get Free Report) posted its quarterly earnings data on Tuesday. The company reported $0.01 EPS for the quarter, missing analysts' consensus estimates of $0.10 by ($0.09), Briefing.com reports. Krispy Kreme had a return on equity of 0.53% and a net margin of 1.64%. The firm had revenue of $404.00 million during the quarter, compared to the consensus estimate of $413.18 million. During the same period in the prior year, the firm posted $0.09 EPS. The firm's quarterly revenue was down 10.4% on a year-over-year basis. Krispy Kreme updated its FY 2025 guidance to 0.040-0.080 EPS and its FY25 guidance to $0.04-0.08 EPS.

Krispy Kreme Price Performance

NASDAQ:DNUT traded up $0.01 during trading hours on Friday, reaching $6.21. The company had a trading volume of 5,986,305 shares, compared to its average volume of 2,756,464. The stock has a 50-day moving average of $8.90 and a two-hundred day moving average of $10.32. Krispy Kreme has a one year low of $5.88 and a one year high of $17.84. The firm has a market capitalization of $1.06 billion, a PE ratio of 36.53, a PEG ratio of 3.24 and a beta of 1.34. The company has a quick ratio of 0.28, a current ratio of 0.35 and a debt-to-equity ratio of 0.67.

Krispy Kreme Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 7th. Shareholders of record on Wednesday, April 23rd will be given a $0.035 dividend. This represents a $0.14 dividend on an annualized basis and a yield of 2.25%. The ex-dividend date is Wednesday, April 23rd. Krispy Kreme's dividend payout ratio (DPR) is 700.00%.

Remove Ads

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on DNUT shares. Morgan Stanley cut Krispy Kreme from an "equal weight" rating to an "underweight" rating and decreased their target price for the stock from $12.00 to $6.00 in a report on Wednesday. Piper Sandler lowered their target price on Krispy Kreme from $18.00 to $12.00 and set an "overweight" rating on the stock in a research note on Wednesday. JPMorgan Chase & Co. lowered their target price on Krispy Kreme from $14.00 to $13.00 and set an "overweight" rating on the stock in a research note on Tuesday, November 12th. Finally, Truist Financial reaffirmed a "buy" rating and issued a $12.00 price target (down previously from $15.00) on shares of Krispy Kreme in a research report on Wednesday. One research analyst has rated the stock with a sell rating, two have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $13.13.

About Krispy Kreme

Krispy Kreme, Inc, together with its subsidiaries, produces doughnuts in the United States, the United Kingdom, Ireland, Australia, New Zealand, Mexico, Canada, Japan, and internationally. The company operates through three segments: U.S., International, and Market Development. The company offers doughnut experiences through hot light theater and fresh shops, delivered fresh daily branded cabinets and merchandising units within grocery and convenience stores, quick service restaurants, club memberships, drug stores, and ecommerce, as well as through its branded sweet treat line comprising Krispy Kreme branded sweet treats.