Krispy Kreme (DNUT) Expected to Announce Earnings on Thursday

Krispy Kreme (NASDAQ:DNUT - Get Free Report) will likely be announcing its Q1 2025 earnings results before the market opens on Thursday, May 8th. Analysts expect Krispy Kreme to post 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 released its earnings results on Tuesday, February 25th. The company reported $0.01 earnings per share (EPS) 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 business had revenue of $404.00 million during the quarter, compared to the consensus estimate of $413.18 million. During the same quarter in the prior year, the firm earned $0.09 EPS. The business's revenue was down 10.4% on a year-over-year basis. 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 Price Performance

Shares of DNUT traded up $0.12 during mid-day trading on Tuesday, reaching $4.39. The company had a trading volume of 984,259 shares, compared to its average volume of 2,276,134. The company has a market capitalization of $748.34 million, a price-to-earnings ratio of 25.85, a P/E/G ratio of 3.24 and a beta of 1.49. 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 company's 50 day simple moving average is $4.92 and its 200 day simple moving average is $8.19. Krispy Kreme has a 1-year low of $3.91 and a 1-year high of $13.25.

Krispy Kreme Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 7th. Shareholders of record on Wednesday, April 23rd will be paid a dividend of $0.035 per share. The ex-dividend date is Wednesday, April 23rd. This represents a $0.14 dividend on an annualized basis and a dividend yield of 3.19%. Krispy Kreme's payout ratio is presently 700.00%.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling at Krispy Kreme

In other Krispy Kreme news, major shareholder Indulgence B.V. Jab sold 694,445 shares of the stock in a transaction that occurred 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 transaction, the insider now directly owns 74,190,990 shares in the company, valued at approximately $320,505,076.80. This represents a 0.93 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 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.