Krispy Kreme Reports Third Quarter 2024 Financial Results
Krispy Kreme, Inc. (DNUT)
Company Research
Source: Business Wire
Third 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 millionOrganic revenue grew 3.5% to $376.4 millionGAAP 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 millionGAAP operating cash flow of $3.3 millionGlobal Points of Access (“POA”) increased 2,417, or 18.0%, to 15,811“Krispy Kreme delivered a seventeenth consecutive quarter of year-over-year organic sales growth driven by increased Delivered Fresh Daily and digital sales,” said Josh Charlesworth, CEO.“Consumers ask us every day, ‘When can you bring Krispy Kreme to my town?’ hence our strategy of making our fresh doughnuts more available around the w
Show less
Read more
Impact Snapshot
Event Time:
DNUT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DNUT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DNUT alerts
High impacting Krispy Kreme, Inc. news events
Weekly update
A roundup of the hottest topics
DNUT
News
- Krispy Kreme, Inc. (NASDAQ: DNUT) had its price target lowered by analysts at JPMorgan Chase & Co. from $14.00 to $13.00. They now have an "overweight" rating on the stock.MarketBeat
- KRISPY KREME® Celebrates World Kindness Day, Nov. 13, by Giving First 500 Guests at Each Shop a FREE Original Glazed® Dozen, No Purchase NecessaryBusiness Wire
- Krispy Kreme Inc (DNUT) Q3 2024 Earnings Call Highlights: Strategic Expansion Amidst ... [Yahoo! Finance]Yahoo! Finance
- Krispy Kreme (DNUT) Reports Q3 Earnings: What Key Metrics Have to Say [Yahoo! Finance]Yahoo! Finance
- Krispy Kreme Reports Third Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
DNUT
Earnings
- 11/7/24 - Beat
DNUT
Sec Filings
- 11/8/24 - Form 10-Q
- 11/7/24 - Form 8-K
- 11/6/24 - Form SCHEDULE
- DNUT's page on the SEC website