DNUT Earnings Prediction
The chart below shows how DNUT performed 10 days before and after its earnings report, based on data from the past quarters. Typically, DNUT sees a +4.55% change in stock price 10 days leading up to the earnings, and a -1.24% change 10 days following the report. On the earnings day itself, the stock moves by -1.63%. This data can give you a slight idea of what to expect for the next quarter's release.
DNUT Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
379.87M
-6.75%
-13.43%
Gross Margin
15.96%
-17.31%
-16.48%
Operating Margin
-3.34%
466.10%
-295.32%
Net Margin
9.89%
200.10%
-983.04%
EPS
0.23
195.83%
-866.67%
No Data Available
DNUT Earnings Analysis
Krispy Kreme, Inc. Common Stock Corporation (DNUT.O) Earnings Conference Call
Positive
Krispy Kreme Revenue Surge: 1. Revenue Growth: Krispy Kreme achieved net revenue of $380 million for Q3 2024, reflecting an 18% increase in points of access and 3.5% organic growth, marking the company's 17th consecutive quarter of organic growth.
Digital Sales Growth: 2. Digital Sales Surge: The company reported a 15% growth in digital sales during the quarter, highlighting the effectiveness of their digital engagement strategies.
Krispy Kreme Expansion: 3. Expansion in McDonald's: The nationwide rollout of Krispy Kreme doughnuts in McDonald's has begun successfully, with fresh doughnuts delivered daily to over 400 locations in Chicago, and plans to expand to more than 1,000 additional restaurants this month.
International Revenue Expansion: 4. International Growth: Krispy Kreme's international segment saw organic revenue growth of 4.2%, with points of access increasing nearly 32% year-over-year, driven by strong performance in Canada, Japan, and Australia.
Cash Flow Generation: 5. Positive Cash Flow: The company generated positive cash flow from operations of $18.8 million year-to-date, supported by working capital improvements, and received $117.6 million in net proceeds from the sale of Insomnia Cookies.
Negative
Declining Adjusted EBITDA: 1. Declining Adjusted EBITDA: Adjusted EBITDA fell to $34.7 million, a decrease of 20.7% compared to the previous year, primarily due to the sale of a majority stake in Insomnia Cookies.
Declining EBITDA Margin: 2. Decreased Adjusted EBITDA Margin: The adjusted EBITDA margin declined to 9.1%, impacted by underperformance in the U.K. and increased vehicle accident claims in the U.S.
Decline in Adjusted EPS: 3. Lower Adjusted Earnings Per Share: The company reported a loss of $0.01 in adjusted earnings per share, a decline from the prior year, driven by lower adjusted EBITDA linked to the Insomnia Cookies sale.
Rising Accident Claim Expenses: 4. Increased Vehicle Accident Claims: The company recognized nearly $3 million in incremental expenses due to adverse developments in certain insurance claims during the quarter.
U.K. Segment Challenges: 5. U.K. Underperformance: The U.K. segment continues to face challenges, with adjusted EBITDA margin declining to 17.4%, primarily due to pressure in that market.
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DNUT Earning Call Sentiment
Krispy Kreme, Inc. (DNUT) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
DNUT.O
0.58%Positive
The earnings call highlights strong points of access growth and positive cash flow, despite a decline in adjusted EBITDA due to the Insomnia Cookies sale. The company is expanding partnerships with major retailers and has received positive feedback on new market entries. The divestiture proceeds strengthen the balance sheet, and while there are margin pressures, management is optimistic about future growth. The Q&A reveals confidence in international growth, though some responses lacked clarity. Considering the company's market cap and strategic growth initiatives, the stock is likely to experience a positive movement in the short term.
