Krispy Kreme (DNUT) Reports In-Line Q2 EPS; Offers FY23 Guidance

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Go back to Krispy Kreme (DNUT) Reports In-Line Q2 EPS; Offers FY23 Guidance

Krispy Kreme Reports Second Quarter 2023 Results, Reiterates Full Year Guidance

August 10, 2023 6:45 AM EDT

Second quarter net revenue grew 9.0% with organic revenue growth of 11.4%
Global Points of Access grew by 12.8% to 12,872
GAAP net income of $0.1 million and Adjusted EBITDA of $48.8 million

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Krispy Kreme, Inc. (NASDAQ: DNUT) (Krispy Kreme or the Company) today reported financial results for the second quarter ended July 2, 2023. Net revenue grew 9.0% year-over-year to $408.9 million and organic revenue grew 11.4%, led by the U.S., where all sales channels including doughnut and cookie shops, Delivered Fresh Daily (DFD) doors, and ecommerce contributed to... More