Krispy Kreme (DNUT) Misses Q4 EPS by 4c, Beats on Revenue; Offers FY24 Guidance

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Go back to Krispy Kreme (DNUT) Misses Q4 EPS by 4c, Beats on Revenue; Offers FY24 Guidance

Krispy Kreme Reports Fourth Quarter and Full Year 2023 Financial Results

February 13, 2024 7:15 AM EST

Fourth quarter Net Revenue growth of 11.4% with Organic Revenue growth of 13.2%

GAAP Net Income of $1.9 million and Adjusted EBITDA margin improvement of 40 basis points

Introduces 2024 guidance

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Krispy Kreme, Inc. (NASDAQ: DNUT) (Krispy Kreme, KKI, or the Company) today reported financial results for the fourth quarter and full year ended December 31, 2023.

Fourth Quarter Highlights (vs Q4 2022)

Net revenue grew 11.4% to $450.9 million Organic revenue grew 13.2% to $446.0 million GAAP... More