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Krispy Kreme stock tumbles to all-time low as doughnut maker softens outlook https://t.co/tEA5ScZ4ni by @BrookeDiPalma
Krispy Kreme reported its fourth quarter and full year 2024 financial results, revealing sales of $404 million, which fell short of the $415.45 million estimate. For fiscal year 2025, the company projects revenue between $1.55 billion and $1.65 billion, below the $1.764 billion estimate. The adjusted earnings per share (EPS) are expected to be between $0.04 and $0.08, significantly lower than the $0.30 estimate. Following these disappointing results, Krispy Kreme's stock, trading under the ticker symbol DNUT, experienced a premarket decline of 13.5%, raising concerns that it may reach an all-time low.
