Krispy Kreme (DNUT) Misses Q3 EPS by 3c; Offers FY23 Guidance
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Krispy Kreme Reports Third Quarter 2023 Results
November 9, 2023 6:45 AM EST
Net Revenue grew 7.9% and Organic Revenue grew 9.6% with strong momentum to start Q4
Reaffirms mid-to-high end of Revenue and Adjusted EBITDA guidance
CHARLOTTE, N.C.--(BUSINESS WIRE)-- Krispy Kreme, Inc. (NASDAQ: DNUT) (Krispy Kreme or the Company) today reported financial results for the third quarter ended October 1, 2023.
Third Quarter Highlights (vs Q3 2022)
Net Revenue grew 7.9% to $407.4 million Organic Revenue grew 9.6% to $400.3 million GAAP Net Loss of $40.3 million primarily driven by non-cash, income tax expense accrual Adjusted EBITDA grew... More