Krispy Kreme Q2 revenue +9% to $409M; reiterates full-year guidance

Krispy Kreme, Inc.

2023-Q2 EPS reported $0.00 revenue$827,832,000

Q2 net revenue $408.9M (+9.0% YoY); organic revenue +11.4% driven by U.S. omni-channel.
GAAP net income $0.1M vs net loss of $2.4M a year ago; GAAP diluted EPS $0.00.
Adjusted diluted EPS $0.07 (down from $0.08) on higher net interest expense.
Adjusted EBITDA $48.8M (+3.1%); margin 11.9% (-70 bps); Global Points of Access up 12.8% to 12,872.
Opened three new markets (Chile, Jamaica, Costa Rica) in Q2; expects 3-5 more in 2023 including France.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.98

Krispy Kreme, Inc. reported the second quarter ended July 2, 2023 results: revenue $408.9 million, net income $0.1 million, EPS $0.00. Guidance reaffirmed.

Period: the second quarter ended July 2, 2023
Revenue: $408.9 million
Net income: $0.1 million
EPS: $0.00
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Net revenue grew 9.0% year-over-year to $408.9 million

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Source: SEC EDGAR

accession 0001857154-23-000085

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