earnings
confidence high
sentiment neutral
materiality 0.70
Krispy Kreme Q2 revenue up 7.3% to $438.8M; GAAP net loss $4.9M, adjusted EBITDA +12.1%
Krispy Kreme, Inc.
2024-Q2 EPS reported
-$0.08
revenue$881,507,000
- Net revenue $438.8M, up 7.3% YoY; organic revenue $440.2M, up 7.8%.
- GAAP net loss $4.9M ($5.5M attributable to KKI); diluted EPS ($0.03) vs breakeven last year.
- Adjusted EBITDA up 12.1% to $54.7M; adjusted EBITDA margin expanded 60 bps to 12.5%.
- Adjusted diluted EPS $0.05 vs $0.07 in Q2 2023, a decline of $0.02.
- Global Points of Access up 23.2% to 15,853; McDonald's nationwide rollout begins fall in Chicago.