Krispy Kreme Q3 revenue up 7.9% to $407.4M; Adjusted EBITDA up 13.5%

Krispy Kreme, Inc.

2023-Q3 EPS reported -$0.24 revenue$1,235,199,000

Net revenue $407.4M, +7.9% YoY; Organic revenue $400.3M, +9.6% YoY.
GAAP net loss of $40.3M, driven by non-cash income tax expense; adjusted diluted EPS $0.03.
Adjusted EBITDA $43.7M, +13.5%; margin improved 50 bps to 10.7%.
Reaffirmed mid-to-high end of full-year revenue and Adjusted EBITDA guidance.
Global Points of Access grew 14.4% to 13,394; new markets: Switzerland, Kazakhstan, Ecuador, France.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Krispy Kreme, Inc. reported the third quarter ended October 1, 2023 results: revenue $407.4 million, net income GAAP Net Loss of $40.3 million, EPS GAAP Diluted EPS $(0.24). Guidance reaffirmed.

Period: the third quarter ended October 1, 2023
Revenue: $407.4 million
Net income: GAAP Net Loss of $40.3 million
EPS: GAAP Diluted EPS $(0.24)
Guidance: reaffirmed
Result: reported results

Exact text from the filing

(“Krispy Kreme” or the “Company”) today reported financial results for the third quarter ended October 1, 2023. Third Quarter Highlights (vs Q3 2022) • Net Revenue grew 7.9% to $407.4 million • Organic Revenue grew 9.6% to $400.3 million • GAAP Net Loss of $40.3 million primarily driven by non-cash, income tax expense accrual • Adjusted EBITDA grew 13.5% to $43.7

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Source: SEC EDGAR

accession 0001857154-23-000112

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