Krispy Kreme (DNUT) Misses Q3 EPS by 2c, Misses on Revenue; Offers FY Guidance
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Krispy Kreme Reports Third Quarter 2024 Financial Results
November 7, 2024 6:45 AM ESTThird quarter Net Revenue of $379.9 million, Organic Revenue increases 3.5%
CHARLOTTE, N.C.--(BUSINESS WIRE)-- Krispy Kreme, Inc. (NASDAQ: DNUT) (Krispy Kreme, KKI, or the Company) today reported financial results for the quarter ended September 29, 2024.
Third Quarter Highlights (vs Q3 2023)
Net revenue of $379.9 million Organic revenue grew 3.5% to $376.4 million GAAP net income of $37.6 million, linked to the sale of a majority ownership stake of Insomnia Cookies ($39.6 million net income attributable to KKI) Adjusted EBITDA of $34.7 million GAAP operating cash flow... More