The earnings call highlighted significant growth in organic revenue, successful expansion efforts, and improved financial performance. However, challenges in the U.K. market and the impact of the Insomnia Cookies sale presented some concerns. Overall, the positive developments suggest a strong outlook for the company.

Company Guidance

During the Q2 2024 earnings call for Krispy Kreme (DNUT), executives provided guidance highlighting several key metrics. The company reported a strong organic revenue growth of 7.8%, driven by innovative specialty donut collections and an increase in global points of access by 23% year-over-year. The U.S. segment experienced an 8.4% organic revenue growth, with an 80 basis point increase in margin. Furthermore, the sale of Insomnia Cookies is projected to improve the financial profile, with full-year organic revenue growth expected between 5% and 7%. The company anticipates net revenue for the year to range from $1.65 billion to $1.685 billion, with adjusted EBITDA of $215 million to $220 million. Additionally, they plan to reach nearly 23,000 points of access in the U.S. by the end of 2026, largely through expansion with partners like McDonald's, Target, and Walmart. The financial outlook includes an expected income tax rate between 28% and 30%, capital expenditures at 7% to 8% of net revenue, and interest expenses between $55 million and $60 million, reflecting reduced net debt levels.

Strong Organic Growth

Organic revenue grew 7.8% in Q2, driven by innovative specialty donut collections and increased global points of access by 23% year-over-year.

Expansion in U.S. Market

U.S. margin increased by 80 basis points, with an organic revenue growth of 8.4% and a 17.8% increase in points of access year-over-year.

Successful Partnerships and Expansion

The company is expanding its partnership with McDonald's, expecting to serve fresh donuts in over 1,000 McDonald's restaurants by the end of the year and plans for further expansions with Target and Walmart.

Improved Financial Metrics

Adjusted EBITDA increased by 12.1%, with a margin expansion of 60 basis points to 12.5%.

Positive Performance in International Markets

Organic revenue grew 16.1% in the Market Development segment, with significant growth in South Korea driven by digital sales and donut innovation.

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Krispy Kreme (DNUT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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DNUT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 12, 2025	2024 (Q4)	0.10 / -	0.09	―	―	―
Nov 07, 2024	2024 (Q3)	0.01 / -0.01	0.03	-133.33% (-0.04)
Aug 08, 2024	2024 (Q2)	0.05 / 0.05	0.07	-28.57% (-0.02)
May 09, 2024	2024 (Q1)	0.06 / 0.07	0.09	-22.22% (-0.02)
Feb 13, 2024	2023 (Q4)	0.13 / 0.09	0.11	-18.18% (-0.02)
Nov 09, 2023	2023 (Q3)	0.06 / 0.03	0.03	0.00% (0.00)
Aug 10, 2023	2023 (Q2)	0.07 / 0.07	0.08	-12.50% (>-0.01)
May 11, 2023	2023 (Q1)	0.07 / 0.09	0.08	12.50% (<+0.01)
Feb 15, 2023	2022 (Q4)	0.10 / 0.11	0.08	37.50% (+0.03)
Nov 15, 2022	2022 (Q3)	0.04 / 0.03	0.06	-50.00% (-0.03)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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DNUT Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 07, 2024	$12.42	$11.86	-4.51%
Aug 08, 2024	$9.17	$10.41	+13.52%
May 09, 2024	$12.63	$12.86	+1.82%
Feb 13, 2024	$13.71	$13.04	-4.89%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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