Core Insights - Krispy Kreme's shares fell over 20% to an all-time low following disappointing earnings and guidance, exacerbated by a cyberattack and ongoing restructuring efforts [1][5] - The company reported fourth-quarter adjusted EPS of $0.01 on revenue of $404 million, a 10% decline year-over-year, missing analyst expectations of $0.09 EPS and $411.1 million in revenue [1][2] Revenue Impact - The revenue decline was primarily due to the sale of its majority stake in Insomnia Cookies and an $11 million negative impact from a December cyberattack, which disrupted operations including online ordering [2][5] - The company stated that online ordering and core business functions are now fully operational [2] Management and Strategic Changes - CEO Josh Charlesworth indicated that excluding the cybersecurity issue, performance was largely in line with expectations [3] - The company has restructured management teams to focus on profitable U.S. expansion and capital-light international growth, and plans to outsource U.S. logistics [3][5] - Krispy Kreme is also evaluating refranchising certain international markets [3] Future Outlook - The company projects full-year revenue between $1.55 billion and $1.65 billion, with adjusted EBITDA of $180 million to $200 million, both below analyst estimates of $1.76 billion and $235 million respectively [3]

Krispy Kreme, Inc. FOURTH QUARTER 2024 EARNINGS PRESENTATION FEBRUARY 25, 2025 Krispy Kreme | 4Q24 Earnings 1 Cautionary Note Regarding Forward-Looking Statements Certain statements made in this presentation and the conference call that this presentation accompanies are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the use of forward-looking terminology, including terms such as "plan," "believe," "may," ...

Full Year Highlights (vs FY 2023) EXHIBIT 99.1 Krispy Kreme reports fourth quarter and full year 2024 financial results Full Year 2024 Net Revenue of $1.7 billion and Full Year Organic Revenue growth of 5.0% Introduces 2025 guidance CHARLOTTE, NC (February 25, 2025) – 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) "We delivered an 18th consecutive ...

Core Insights - Krispy Kreme's shares are perceived as undervalued, especially following the recent partnership with McDonald's, which is expected to be a significant growth driver for the company [1] Company Summary - Krispy Kreme has officially launched a partnership with McDonald's, marking a pivotal moment for the business and potentially enhancing its market position [1] Analyst Background - The analysis is provided by Mitko Atanasov, who has extensive experience in finance and equity analysis, having worked for a major asset management firm in the UK [1]

Krispy Kreme said in an SEC filing that it's navigating a cybersecurity incident.The company is experiencing operational disruptions, including with online orders in the US.Krispy Kreme said the related costs will likely impact its "financial condition."Krispy Kreme said hackers had disrupted operations, including online ordering in certain parts of the United States.Advertisement In an SEC filing on Wednesday, Krispy Kreme said it learned of "unauthorized activity on a portion of its information technolog ...

Core Insights - Krispy Kreme experienced a cyber attack last month that disrupted its operations, particularly affecting online ordering in the U.S. [1] - The company anticipates that the costs associated with the breach will negatively impact its financial results [1] - Krispy Kreme's shares fell approximately 3% following the announcement, and the stock has lost about 35% of its value this year [1] Operational Impact - The breach was reported on November 29, and while physical stores remained open, there were operational disruptions, especially with online ordering in certain U.S. regions [1] - Daily fresh deliveries to retailers and restaurant partners were not impacted by the cyber attack [1] Financial Implications - Krispy Kreme warned that the incident is likely to have a material impact on its business operations until recovery efforts are completed [1] - The company stated that the costs related to addressing the cyber attack will likely have a significant effect on its results of operations and overall financial condition [1]

I take a fundamentals-based approach to value investing.I disagree with the common misconception held by many investors that low multiple stocks must be cheap. I look for companies that offer the best long-term durability at the most affordable prices. Consequently, I have a propensity to be drawn to companies with steady long-term growth, no cyclicality, and a robust balance sheet.Nevertheless, investing in successful company is risky because one may end up paying too much (this is where valuation matters) ...

Have you assessed how the international operations of Krispy Kreme (DNUT) performed in the quarter ended September 2024? For this doughnut wholesaler and retailer, possessing an expansive global footprint, parsing the trends of international revenues could be critical to gauge its financial resilience and growth prospects. In the current era of a tightly interconnected global economy, the proficiency of a company to penetrate international markets significantly influences its financial health and trajectory ...

KRISPY KREME, INC. THIRD QUARTER 2024 EARNINGS PRESENTATION NOVEMBER 7, 2024 Krispy Kreme | 3Q24 Earnings 1 FORWARD LOOKING STATEMENTS Cautionary Note Regarding Forward-Looking Statements This presentation contains forward-looking statements that involve risks and uncertainties. The words "believe," "may," "focus," "expand," "continuing," "guidance," "could," "will," "should," "anticipate," "estimate," "expect," "outlook," "guidance," "working towards" or similar words, or the negative of these words, ident ...

Start Time: 08:30 January 1, 0000 9:14 AM ET Krispy Kreme, Inc. (NASDAQ:DNUT) Q3 2024 Earnings Call November 07, 2024, 08:30 AM ET Company Participants Joshua Charlesworth - President and CEO Jeremiah Ashukian - EVP and CFO Dre Eldredge - IR Conference Call Participants Brian Harbour - Morgan Stanley Daniel Guglielmo - Capital One Securities Rahul Krotthapalli - JPMorgan Sara Senatore - Bank of America Bill Chappell - Truist Securities Operator Thank you for standing by. My name is Greg, and I will be your ...