Krispy Kreme (DNUT) Misses Q2 EPS by 2c; Offers FY22 Guidance

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/27/2026

1. ORCL
2. AVGO
3. CDNS
4. ANT
5. BA
6. SPY
7. META
8. HOOD
9. INTC
10. JBLU

Go back to Krispy Kreme (DNUT) Misses Q2 EPS by 2c; Offers FY22 Guidance

Krispy Kreme (DNUT) Tumbles as Earnings, Revenue and Guidance Disappoints

August 17, 2022 9:57 AM EDT

Shares of Krispy Kreme (NASDAQ: DNUT) fell 12% at the open Wednesday after the company reported earnings, missing analyst expectations.

Krispy Kreme posted second-quarter earnings of $0.08, $0.02 worse than the analyst estimate of $0.10, while revenue for the quarter came in at $375.2 million below the consensus estimate of $385.32 million.

The company said it faced "unique economic pressures" during the quarter, with headwinds including increased labor and commodity cost and an approximately $2.7 million negative impact from FX, primarily the strength of the U.S. dollar.

"In the second quarter consumers faced unique... More