earnings
confidence high
sentiment positive
materiality 0.75
Krispy Kreme Q4 revenue up 11.4%; organic revenue +13.2%; introduces FY2024 guidance
Krispy Kreme, Inc.
2023-FY EPS reported
-$0.23
revenue$1,686,104,000
- Q4 net revenue $450.9M (+11.4% YoY); organic revenue $446.0M (+13.2%).
- GAAP net income attributable to KKI of $2.6M vs. loss of $2.7M a year ago.
- Adjusted EBITDA $64.1M (+14.7%); margin improved 40 bps to 14.2%.
- Full-year GAAP net loss $37.9M attributable to KKI; adjusted diluted EPS $0.27.
- Introduces 2024 guidance; CEO cites strong demand and Hub & Spoke model benefits.