Krispy Kreme (DNUT) Reports In-Line Q1 EPS; maintains guidance

Krispy Kreme (NASDAQ: DNUT) reported Q1 EPS of $0.07, in-line with the analyst estimate of $0.07. Revenue for the quarter came in at $442.7 million versus the consensus estimate of $435.15 million.

2024 Financial Guidance

Krispy Kreme reaffirms the following guidance for the full year 2024 (vs FY2023)

Net Revenue growth of +5% to +7%
Organic Revenue growth of +6% to +8%
Adjusted EBITDA growth of +8% to +11%
Adjusted Diluted EPS of $0.27 to $0.31
Income Tax rate between 26% and 28%
Capital Expenditures of 7% to 8% of net revenue
Interest Expense, net of $55 million to $65 million

For earnings history and earnings-related data on Krispy Kreme (DNUT) click here.

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