Krispy Kreme (DNUT) Misses Q3 EPS by 1c

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Go back to Krispy Kreme (DNUT) Misses Q3 EPS by 1c

Krispy Kreme Reports Robust Third Quarter 2021 Results, with Strong Momentum into Q4

November 9, 2021 4:10 PM EST

Company Reaffirms Full Year 2021 Guidance and Long-Term Outlook

2022 Expected to Exceed Long-Term Outlook

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Krispy Kreme, Inc. (NASDAQ: DNUT) (Krispy Kreme or the Company) today reported strong financial results for the third quarter ended October 3, 2021 with net revenue growing 18% year-over-year. Organic growth, excluding the now fully exited legacy wholesale business, was 14% year-over-year and 22% on a two-year basis. Including the exited business, organic growth was 6% year-over-year, in line with company expectations after lapping a strong third quarter in 2020.

Growth was driven by the... More