We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Krispy Kreme (DNUT) Reports Q2 Earnings: What Key Metrics Have to Say
Read MoreHide Full Article
Krispy Kreme (DNUT - Free Report) reported $408.88 million in revenue for the quarter ended June 2023, representing a year-over-year increase of 9%. EPS of $0.07 for the same period compares to $0.08 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $408.89 million, representing no surprise. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.07.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Krispy Kreme performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Global Points of Access, by segment and type - U.S. and Canada - Hot Light Theater Shops: 228 versus the two-analyst average estimate of 224.
Total Global Points of Access: 12872 compared to the 12715.5 average estimate based on two analysts.
Global Points of Access, by segment and type - U.S. and Canada - Cookie Shops: 244 versus 247.5 estimated by two analysts on average.
Global Points of Access, by segment and type - U.S. and Canada - DFD Doors: 6320 versus the two-analyst average estimate of 6204.5.
Global Points of Access, by segment and type - U.S. and Canada Total: 6858 versus the two-analyst average estimate of 6745.
Global Points of Access, by segment and type - International - Hot Light Theater Shops: 35 versus 35 estimated by two analysts on average.
Global Points of Access, by segment and type - International - Fresh Shops: 400 compared to the 397 average estimate based on two analysts.
Global Points of Access, by segment and type - International - Carts, Food Trucks, and Other: 16 versus 17 estimated by two analysts on average.
Global Points of Access, by segment and type - International - DFD Doors: 3219 compared to the 3245.5 average estimate based on two analysts.
Geographic Revenue- International: $98.33 million versus $100.11 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +4.8% change.
Geographic Revenue- Market Development: $43.13 million compared to the $40.74 million average estimate based on three analysts. The reported number represents a change of +39.4% year over year.
Geographic Revenue- U.S.and Canada: $267.42 million versus $267.04 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +6.8% change.
Shares of Krispy Kreme have returned -8.4% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Krispy Kreme (DNUT) Reports Q2 Earnings: What Key Metrics Have to Say
Krispy Kreme (DNUT - Free Report) reported $408.88 million in revenue for the quarter ended June 2023, representing a year-over-year increase of 9%. EPS of $0.07 for the same period compares to $0.08 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $408.89 million, representing no surprise. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.07.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Krispy Kreme performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Global Points of Access, by segment and type - U.S. and Canada - Hot Light Theater Shops: 228 versus the two-analyst average estimate of 224.
- Total Global Points of Access: 12872 compared to the 12715.5 average estimate based on two analysts.
- Global Points of Access, by segment and type - U.S. and Canada - Cookie Shops: 244 versus 247.5 estimated by two analysts on average.
- Global Points of Access, by segment and type - U.S. and Canada - DFD Doors: 6320 versus the two-analyst average estimate of 6204.5.
- Global Points of Access, by segment and type - U.S. and Canada Total: 6858 versus the two-analyst average estimate of 6745.
- Global Points of Access, by segment and type - International - Hot Light Theater Shops: 35 versus 35 estimated by two analysts on average.
- Global Points of Access, by segment and type - International - Fresh Shops: 400 compared to the 397 average estimate based on two analysts.
- Global Points of Access, by segment and type - International - Carts, Food Trucks, and Other: 16 versus 17 estimated by two analysts on average.
- Global Points of Access, by segment and type - International - DFD Doors: 3219 compared to the 3245.5 average estimate based on two analysts.
- Geographic Revenue- International: $98.33 million versus $100.11 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +4.8% change.
- Geographic Revenue- Market Development: $43.13 million compared to the $40.74 million average estimate based on three analysts. The reported number represents a change of +39.4% year over year.
- Geographic Revenue- U.S.and Canada: $267.42 million versus $267.04 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +6.8% change.
View all Key Company Metrics for Krispy Kreme here>>>Shares of Krispy Kreme have returned -8.4% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.