Krispy Kreme Q3 2024 revenue down 6.8% to $379.9M; adjusted EBITDA down 20.7%

Krispy Kreme, Inc.

2024-Q3 EPS reported $0.15 revenue$1,261,374,000

Organic revenue grew 3.5% to $376.4M; GAAP net income $37.6M from Insomnia Cookies sale gain.
Global Points of Access increased 18.0% to 15,811; U.S. McDonald's rollout began in Oct 2024.
Adjusted EBITDA fell 20.7% to $34.7M; GAAP operating loss widened to $(16.0)M.
CEO announces management restructuring to prioritize U.S. DFD expansion and franchise model.
Diluted GAAP EPS $0.23 vs ($0.24) prior year; adjusted diluted EPS $(0.01).

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