Krispy Kreme (DNUT) Projected to Post Quarterly Earnings on Thursday

Krispy Kreme (NASDAQ:DNUT - Get Free Report) is expected to be releasing its Q1 2025 earnings data before the market opens on Thursday, May 8th. Analysts expect the company to announce earnings of ($0.05) per share and revenue of $383.97 million for the quarter. Krispy Kreme has set its FY 2025 guidance at 0.040-0.080 EPS and its FY25 guidance at $0.04-0.08 EPS.

Krispy Kreme (NASDAQ:DNUT - Get Free Report) last announced its earnings results on Tuesday, February 25th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.09). The firm had revenue of $404.00 million during the quarter, compared to the consensus estimate 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 was down 10.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.09 EPS. On average, analysts expect Krispy Kreme to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Krispy Kreme Stock Performance

Shares of NASDAQ:DNUT traded up $0.09 during midday trading on Friday, hitting $4.31. The company's stock had a trading volume of 3,019,129 shares, compared to its average volume of 2,282,384. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.28 and a current ratio of 0.35. The stock's 50 day simple moving average is $4.95 and its 200 day simple moving average is $8.26. The stock has a market capitalization of $733.99 million, a price-to-earnings ratio of 25.35, a PEG ratio of 3.24 and a beta of 1.47. Krispy Kreme has a fifty-two week low of $3.91 and a fifty-two week high of $13.25.

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 given a $0.035 dividend. This represents a $0.14 annualized dividend and a yield of 3.25%. The ex-dividend date of this dividend is Wednesday, April 23rd. Krispy Kreme's dividend payout ratio is currently 700.00%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on DNUT. Piper Sandler lowered their price objective on shares of Krispy Kreme from $18.00 to $12.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 26th. Truist Financial decreased their price objective on shares of Krispy Kreme from $12.00 to $7.00 and set a "buy" rating on the stock in a research note on Thursday, April 24th. Finally, Morgan Stanley lowered shares of Krispy Kreme from an "equal weight" rating to an "underweight" rating and lowered their price target for the company from $12.00 to $6.00 in a report on Wednesday, February 26th. One research analyst has rated the stock with a sell rating, one has given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Krispy Kreme has a consensus rating of "Moderate Buy" and a consensus price target of $11.57.

Insiders Place Their Bets

In related news, major shareholder Indulgence B.V. Jab sold 694,445 shares of Krispy Kreme stock in a transaction on Wednesday, April 23rd. The stock was sold at an average price of $4.32, for a total transaction of $3,000,002.40. Following the completion of the sale, the insider now directly owns 74,190,990 shares of the company's stock, valued at $320,505,076.80. The trade was a 0.93 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 5.30% of the company's stock.

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.