Krispy Kreme Reports Third Quarter 2024 Financial Results [Yahoo! Finance]
Krispy Kreme, Inc. (DNUT)
Company Research
Source: Yahoo! Finance
CHARLOTTE, N.C., November 07, 2024 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 of $3.3 million Global 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 world. The successful start of our
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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 ResultsBusiness Wire
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