Krispy Kreme (NASDAQ:DNUT) Updates FY 2025 Earnings Guidance

Krispy Kreme (NASDAQ:DNUT) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.040-0.080 for the period, compared to the consensus earnings per share estimate of 0.310. The company issued revenue guidance of $1.6 billion-$1.7 billion, compared to the consensus revenue estimate of $1.8 billion. Krispy Kreme also updated its FY25 guidance to $0.04-0.08 EPS.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on DNUT shares. Piper Sandler decreased their price target on shares of Krispy Kreme from $18.00 to $12.00 and set an “overweight” rating for the company in a research report on Wednesday. Morgan Stanley lowered Krispy Kreme from an “equal weight” rating to an “underweight” rating and reduced their price target for the company from $12.00 to $6.00 in a research report on Wednesday. JPMorgan Chase & Co. cut their price objective on Krispy Kreme from $14.00 to $13.00 and set an “overweight” rating on the stock in a research note on Tuesday, November 12th. Finally, Truist Financial reissued a “buy” rating and set a $12.00 target price (down previously from $15.00) on shares of Krispy Kreme in a research report on Wednesday. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Krispy Kreme presently has a consensus rating of “Moderate Buy” and a consensus price target of $13.13.

Krispy Kreme Stock Down 6.6 %

Krispy Kreme stock opened at $6.66 on Wednesday. The company has a market capitalization of $1.13 billion, a PE ratio of 39.29, a PEG ratio of 3.24 and a beta of 1.34. Krispy Kreme has a 12-month low of $6.35 and a 12-month high of $17.84. The firm’s fifty day moving average is $9.11 and its 200 day moving average is $10.40. The company has a quick ratio of 0.28, a current ratio of 0.35 and a debt-to-equity ratio of 0.67.

Krispy Kreme (NASDAQ:DNUT) last released its quarterly earnings data on Tuesday, February 25th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.09). Krispy Kreme had a return on equity of 0.53% and a net margin of 1.64%. The company had revenue of $404.00 million for the quarter, compared to the consensus estimate of $413.18 million. During the same period last year, the company earned $0.09 EPS. Krispy Kreme’s revenue for the quarter was down 10.4% compared to the same quarter last year. As a group, sell-side analysts predict that Krispy Kreme will post 0.07 EPS for the current fiscal year.

Krispy Kreme Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 7th. Stockholders of record on Wednesday, April 23rd will be issued a dividend of $0.035 per share. The ex-dividend date of this dividend is Wednesday, April 23rd. This represents a $0.14 annualized dividend and a dividend yield of 2.10%. Krispy Kreme’s dividend payout ratio is 82.35%.

About Krispy Kreme

Krispy Kreme, Inc, together with its subsidiaries, produces doughnuts in the United States, the United Kingdom, Ireland, Australia, New Zealand, Mexico, Canada, Japan, and internationally. The company operates through three segments: U.S., International, and Market Development. The company offers doughnut experiences through hot light theater and fresh shops, delivered fresh daily branded cabinets and merchandising units within grocery and convenience stores, quick service restaurants, club memberships, drug stores, and ecommerce, as well as through its branded sweet treat line comprising Krispy Kreme branded sweet treats.