Krispy Kreme Inc is a renowned company specializing in the production and sale of fresh, high-quality doughnuts and coffee
Known for its iconic Original Glazed doughnut, Krispy Kreme operates a network of retail locations, including drive-thrus and in-store cafés, where customers can enjoy a variety of delectable doughnut flavors and beverages. The company also engages in wholesale distribution, supplying its products to grocery stores and other retailers. With a commitment to innovation, Krispy Kreme frequently introduces new flavors and seasonal offerings, making it a beloved brand among doughnut enthusiasts worldwide.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at traditional fast food stocks, starting with Wendy's (NASDAQ:WEN).
J.P. Morgan analyst John Ivankoe hosted Bloomin' Brands, CAVA Group and others at the Las Vegas forum. A major takeaway: focus on "doing fewer things better" with continued investments in customer and employee experiences. The analyst recommends adding fresh investments in BROS, SBUX, and CAVA, while maintaining cautious optimism on CMG and EAT.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Krispy Kreme (NASDAQ:DNUT) and the best and worst performers in the traditional fast food industry.
It’s back! Krispy Kreme® today introduced a new edition of its popular annual Chocomania Collection – three new doughnuts and a returning fan favorite, all featuring melt-in-your-mouth Krispy Kreme doughnuts with delectable HERSHEY’S milk chocolate icing.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at traditional fast food stocks, starting with Starbucks (NASDAQ:SBUX).
Stocks trading in the $1-10 range are generally smaller players with less risk than their penny stock counterparts.
But that doesn’t mean the underlying businesses are cheap, and we advise caution as many have questionable fundamentals.
Krispy Kreme is encouraging fans to “Share the Taste O’Luck” by introducing four new festive St. Patrick’s Day doughnuts and rewarding thousands with free doughnuts for a year during this year’s St. Patrick’s Day celebration.
McDonald's won't be adding an egg surcharge anytime soon in restaurants. The restaurant giant is celebrating its breakfast anniversary with specials on egg-based menu items.
Shares of doughnut chain Krispy Kreme (NASDAQ:DNUT)
fell 26.1% in the pre-market session after the company reported disappointing Q4 2024 results as it missed across all key metrics, including sales, operating profits, and earnings. Revenue fell 10.4% year on year, reflecting a decline in U.S. sales due to the Insomnia Cookies divestiture and the impact of a cybersecurity incident that cost an estimated $11 million in lost revenue.
Doughnut chain Krispy Kreme (NASDAQ:DNUT) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 10.4% year on year to $404 million. The company’s full-year revenue guidance of $1.6 billion at the midpoint came in 10.4% below analysts’ estimates. Its non-GAAP profit of $0.01 per share was 89.8% below analysts’ consensus estimates.
Markets fell broadly Tuesday with the S&P 500 trading at five-week lows and the Nasdaq extending its three-day losing streak. The Dow Jones managed to recover midday while Wall Street digested a weaker-than-anticipated consumer confidence survey from the Conference Board, adding to concerns over the health of the U.S.
Krispy Kreme Inc (NASDAQ: DNUT) shares fall after the company reported worse-than-expected fourth-quarter results for FY24. Sales dropped 10.4% year-on-year to $404 million, missing estimates. The company cited lost revenue from the 2024 Cybersecurity Incident and widened operating losses.
Krispy Kreme, Inc. (NASDAQ: DNUT) (“Krispy Kreme”, “KKI”, or the “Company”) today reported financial results for the fourth quarter and full year ended December 29, 2024.
