Krispy Kreme (DNUT) November 12.50 straddle into quarter results
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Krispy Kreme (DNUT) falls following earnings, GLP-1 trend 'puts a cloud' over snack stocks
November 9, 2023 11:29 AM ESTKrispy Kreme (NASDAQ: DNUT) shares are down more than 9% Thursday after it reported earnings that disappointed investors. However, one analyst noted that the GLP-1 trend didn't have an impact on the company's quarter.
The company reported Q3 EPS of $0.03, $0.03 worse than the analyst estimate of $0.06, while revenue, which grew 7.9% YoY, came in at $407.4 million versus the consensus... More
