Krispy Kreme Reports Fourth Quarter and Full Year 2024 Financial Results
Krispy Kreme, Inc. (DNUT)
Company Research
Source: Business Wire
Full Year 2024 Net Revenue of $1.7 billion and Full Year Organic Revenue growth of 5.0%Introduces 2025 guidance CHARLOTTE, N.C.--(BUSINESS WIRE)--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.Fourth Quarter Highlights (vs Q4 2023)Net revenue of $404.0 millionOrganic revenue(1) grew 1.8%, to $400.6 million, and was impacted adversely by an estimated 280 basis points from lost revenue linked to the 2024 Cybersecurity IncidentGAAP net loss of $22.2 millionAdjusted EBITDA(1) of $45.9 million, impacted adversely by an estimated $10 million impact from the 2024 Cybersecurity IncidentGAAP operating cash flow of $27.0 millionFull Year Highlights (vs FY 2023)Net revenue of $1,665.4 millionOrganic revenue(1) grew 5.0%, to $1,658.1 million, and was impacted adversely by an estimated 70 basis points from lost revenue linked to the 2024 Cybersecurity IncidentGAAP net incom
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Earnings
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