Krispy Kreme(US:DNUT)2025-05-08 11:13Financial Performance - Krispy Kreme's organic revenue decreased by 1% in Q1 2025[37, 78] - Adjusted EBITDA significantly declined by 58.8%, from $58 million in Q1 2024 to $24 million in Q1 2025[38] - Adjusted EBITDA margin decreased by 670 basis points, from 13.1% in Q1 2024 to 6.4% in Q1 2025[39] - Adjusted EPS decreased from $0.07 in Q1 2024 to $(0.05) in Q1 2025[57] - Net leverage ratio increased from 4.2x in Q1 2024 to 6.1x in Q1 2025[59] Segment Performance - U S segment organic growth declined by 2.6%[42] - International segment organic growth increased by 1.5%[48] - Market Development segment organic growth increased by 2.7%[53] - U S net revenue decreased from $295.9 million in Q1 2024 to $236.5 million in Q1 2025[42] - International net revenue decreased from $124.8 million in Q1 2024 to $119.6 million in Q1 2025[48] - Market Development net revenue decreased from $22 million in Q1 2024 to $19 million in Q1 2025[53] Strategic Actions - The company is focusing on profitable U S expansion and international franchising[7] - The company plans to de-leverage the balance sheet and pursue sustainable, profitable growth[9]