Krispy Kreme (NASDAQ:DNUT) Issues FY 2025 Earnings Guidance

Krispy Kreme (NASDAQ:DNUT) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.040-0.080 for the period, compared to the consensus estimate of 0.310. The company issued revenue guidance of $1.6 billion-$1.7 billion, compared to the consensus revenue estimate of $1.8 billion. Krispy Kreme also updated its FY25 guidance to $0.04-0.08 EPS.

Wall Street Analysts Forecast Growth

DNUT has been the subject of several analyst reports. Piper Sandler lowered their price objective on Krispy Kreme from $18.00 to $12.00 and set an “overweight” rating for the company in a research note on Wednesday. JPMorgan Chase & Co. lowered their price target on Krispy Kreme from $14.00 to $13.00 and set an “overweight” rating for the company in a research report on Tuesday, November 12th. Morgan Stanley lowered shares of Krispy Kreme from an “equal weight” rating to an “underweight” rating and dropped their price objective for the stock from $12.00 to $6.00 in a research note on Wednesday. Finally, Truist Financial reissued a “buy” rating and issued a $12.00 target price (down previously from $15.00) on shares of Krispy Kreme in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $13.13.

Krispy Kreme Stock Up 7.0 %

Shares of NASDAQ DNUT traded up $0.42 during trading hours on Thursday, hitting $6.39. 5,092,185 shares of the stock were exchanged, compared to its average volume of 2,565,268. Krispy Kreme has a 12 month low of $5.88 and a 12 month high of $17.84. The firm has a fifty day moving average price of $9.04 and a 200-day moving average price of $10.37. The company has a quick ratio of 0.28, a current ratio of 0.35 and a debt-to-equity ratio of 0.67. The company has a market cap of $1.09 billion, a PE ratio of 37.26, a PEG ratio of 3.24 and a beta of 1.34.

Krispy Kreme (NASDAQ:DNUT) last issued its quarterly earnings results on Tuesday, February 25th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.09). The business had revenue of $404.00 million for the quarter, compared to analyst estimates of $413.18 million. Krispy Kreme had a return on equity of 0.53% and a net margin of 1.64%. The business’s revenue for the quarter was down 10.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.09 earnings per share. On average, sell-side analysts expect that Krispy Kreme will post 0.07 EPS for the current year.

Krispy Kreme Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 7th. Shareholders of record on Wednesday, April 23rd will be issued a $0.035 dividend. This represents a $0.14 annualized dividend and a yield of 2.19%. The ex-dividend date of this dividend is Wednesday, April 23rd. Krispy Kreme’s dividend payout ratio is presently 82.35%.

About Krispy Kreme

Krispy Kreme, Inc, together with its subsidiaries, produces doughnuts in the United States, the United Kingdom, Ireland, Australia, New Zealand, Mexico, Canada, Japan, and internationally. The company operates through three segments: U.S., International, and Market Development. The company offers doughnut experiences through hot light theater and fresh shops, delivered fresh daily branded cabinets and merchandising units within grocery and convenience stores, quick service restaurants, club memberships, drug stores, and ecommerce, as well as through its branded sweet treat line comprising Krispy Kreme branded sweet treats.