A downtrend has been apparent in Krispy Kreme (DNUT) lately with too much selling pressure. The stock has declined 18.9% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround. How to Determine if a Stock is Oversold quest for reaching the old equilibrium of supply and demand. We use Relative Strength Inde ...

Did you analyze how Krispy Kreme (DNUT) fared in its international operations for the quarter ending March 2024? Given the widespread global presence of this doughnut wholesaler and retailer, scrutinizing the trends in international revenues becomes imperative to assess its financial strength and future growth possibilities. Being present in international markets serves as a counterbalance to domestic economic challenges while offering chances to engage with more rapidly evolving economies. However, this ki ...

Krispy Kreme, Inc. (NASDAQ:DNUT) Q1 2024 Results Conference Call May 9, 2024 8:30 AM ET Company Participants Alexandre Eldredge - Investor Relations Josh Charlesworth - President & Chief Executive Officer Jeremiah Ashukian - Chief Financial Officer Conference Call Participants Sara Senatore - Bank of America John Ivankoe - JPMorgan Aisling Grueninger - Piper Sandler Bill Chappell - Truist Securities Andrew Wolf - C.L. King Dan Guglielmo - Capital One Securities Operator Thanks for standing by. My name is Au ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q _________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number: 001-40573 Krispy Kreme, Inc. (Exact name of registrant as specified in its c ...

Krispy Kreme (DNUT) reported $442.7 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 5.7%. EPS of $0.07 for the same period compares to $0.09 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $433.87 million, representing a surprise of +2.04%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.07.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...

Krispy Kreme (DNUT) came out with quarterly earnings of $0.07 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this doughnut wholesaler and retailer would post earnings of $0.13 per share when it actually produced earnings of $0.09, delivering a surprise of -30.77%.Over the last four quarters, the company has not been able to surpass consensus EPS estimates.Kri ...

EXHIBIT 99.1 Krispy Kreme reports first quarter 2024 financial results and reaffirms full year 2024 guidance First quarter Net Revenue grows 5.7%, Organic Revenue increases 6.7% Delivered Fresh Daily expansion to accelerate with McDonald's nationwide rollout CHARLOTTE, NC (May 9, 2024) – Krispy Kreme, Inc. (NASDAQ: DNUT) ("Krispy Kreme", "KKI", or the "Company") today reported financial results for the quarter ended March 31, 2024. First Quarter Highlights (vs Q1 2023) "First-quarter results exceeded our ex ...

The upcoming report from Krispy Kreme (DNUT) is expected to reveal quarterly earnings of $0.07 per share, indicating a decline of 22.2% compared to the year-ago period. Analysts forecast revenues of $433.87 million, representing an increase of 3.6% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Ahead of a company's earnings disclosure, it ...

Key TakeawaysKrispy Kreme shares dropped 6.6% on Monday, raising the possibility the company's stock could fill the McDonald's partnership news gap.Piper Sandler analyst Brian Mullan believes the partnership, when fully operational, could boost Krispy Kreme's adjusted earnings by 46% from earnings reported over the past 12 months.A "fill the gap event" in Krispy Kreme shares would see the price retest the $12.45 level, which also sits in close proximity to key support near $11.70. Krispy Kreme (DNUT) shares ...

Key PointsKrispy Kreme announced a partnership with McDonald's to start phasing in daily deliveries to its U.S. stores with a phased-in rollout starting in Q3 2024 to the end of 2026.Krispy Kreme expands its access point for fresh-made donuts to potentially 13,000 new McDonald's locations in the country, with the deal expected to result in daily delivery of 3 of its most popular donuts in individual and 6-pack increments.Piper Sandler upgrades Krispy Kreme shares to Overweight from Neutral with a $20 price ...