Krispy Kreme (DNUT) Tops Q4 EPS by 1c; Guides for FY23

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Go back to Krispy Kreme (DNUT) Tops Q4 EPS by 1c; Guides for FY23

Krispy Kreme Reports Strong Fourth Quarter 2022 Results

February 15, 2023 6:45 AM EST

Fourth quarter net revenue grew 9.2% with organic revenue growth of 12.5%
Points of Access increased to 11,837, up 14% from 2021
Introduces robust 2023 guidance

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Krispy Kreme, Inc. (NASDAQ: DNUT) (Krispy Kreme or the Company) today reported financial results for the fourth quarter and full year ended January 1, 2023. Net revenue in the quarter grew 9.2%, inclusive of a negative 3.7% impact from foreign currency exchange (FX) headwinds. Sales Per Hub grew 15.0% in the U.S. and Canada to $4.6 million and 7.7% in International to $9.8 million. Organic revenue... More