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

Krispy Kreme (NASDAQ:DNUT) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.040-0.080 for the period, compared to the consensus earnings per share 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.

Krispy Kreme Stock Performance

Shares of DNUT stock traded up $0.42 during mid-day trading on Thursday, reaching $6.39. The stock had a trading volume of 5,092,185 shares, compared to its average volume of 2,565,268. The business’s fifty day moving average is $9.04 and its 200-day moving average is $10.37. The firm has a market cap of $1.09 billion, a price-to-earnings ratio of 37.26, a PEG ratio of 3.24 and a beta of 1.34. Krispy Kreme has a 1-year low of $5.88 and a 1-year high of $17.84. The company has a current ratio of 0.35, a quick ratio of 0.28 and a debt-to-equity ratio of 0.67.

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

Krispy Kreme Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the company. Piper Sandler reduced their target price on Krispy Kreme from $18.00 to $12.00 and set an “overweight” rating for the company in a report on Wednesday. JPMorgan Chase & Co. dropped 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 Krispy Kreme from an “equal weight” rating to an “underweight” rating and decreased their price objective for the company from $12.00 to $6.00 in a report on Wednesday. Finally, Truist Financial reaffirmed a “buy” rating and set a $12.00 target price (down previously from $15.00) on shares of Krispy Kreme in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Krispy Kreme presently has a consensus rating of “Moderate Buy” and an average price target of $13.13.

Krispy Kreme Company Profile

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.