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

Krispy Kreme (NASDAQ:DNUT) issued an update on its FY 2025 earnings guidance on Tuesday morning. 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.

Analysts Set New Price Targets

DNUT has been the subject of several recent research reports. Morgan Stanley cut Krispy Kreme from an “equal weight” rating to an “underweight” rating and reduced their price target for the company from $12.00 to $6.00 in a research report on Wednesday. Piper Sandler decreased their target price on shares of Krispy Kreme from $18.00 to $12.00 and set an “overweight” rating for the company in a research note on Wednesday. Truist Financial restated a “buy” rating and set a $12.00 target price (down from $15.00) on shares of Krispy Kreme in a report on Wednesday. Finally, JPMorgan Chase & Co. cut their price target on shares of Krispy Kreme from $14.00 to $13.00 and set an “overweight” rating for the company in a research note on Tuesday, November 12th. One 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 issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $13.13.

Krispy Kreme Trading Down 6.6 %

Shares of Krispy Kreme stock opened at $6.66 on Wednesday. Krispy Kreme has a 1 year low of $6.35 and a 1 year high of $17.84. The company has a market capitalization of $1.13 billion, a price-to-earnings ratio of 39.29, a P/E/G ratio of 3.24 and a beta of 1.34. The business has a fifty day simple moving average of $9.11 and a two-hundred day simple moving average of $10.40. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.35 and a quick ratio of 0.28.

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

Krispy Kreme Announces Dividend

The company also recently announced 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 2.10%. The ex-dividend date of this dividend is Wednesday, April 23rd. Krispy Kreme’s dividend payout ratio is currently 82.35%.

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.