NASDAQ$DNUT
Krispy Kreme Inc. · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Reported strong financial results with net revenue growing year-over-year and reaffirmed full year 2021 guidance.
Krispy Kreme reported strong Q3 2021 results, with net revenue growing 18% year-over-year. Organic growth, excluding the legacy wholesale business, was 14% year-over-year. Adjusted diluted EPS was $0.06, and adjusted EBITDA grew 10%. The company reaffirmed its full year 2021 guidance and long-term outlook, expecting 2022 to exceed the long-term outlook.
- Net revenue grew 18% year-over-year.
- Organic growth, excluding the legacy wholesale business, was 14% year-over-year.
- Adjusted diluted Earnings Per Share was $0.06.
- Adjusted EBITDA grew 10%.
Headline financials
Revenue & EPS history
Krispy Kreme · Revenue · Quarterly
$343M
Revenue by segment
Krispy Kreme · $407M total across 3 segments · Q3 2023
- U.S.$260M+5.4%63.9%
- International$106M+15.4%26.1%
- Market Development$41.1M+5.9%10.1%
Forward guidance
Krispy Kreme reaffirmed the following guidance for the full year 2021 and reiterated the following long-term outlook, anticipating exceeding these long-term targets in the full year 2022.
Tailwinds
- Net Revenue of $1.34 billion to $1.38 billion (growth of 19.4% to 23.0%)
- Organic Revenue growth of 10% to 12%
- Adjusted EBITDA of $178 million to $185 million (growth of 22.4% to 27.2%)
- Adjusted Net Income of $62 million to $68 million (growth of 46.4% to 60.6%)
- Organic Revenue growth of 9% to 11%
Headwinds
- Adjusted EBITDA growth of 12% to 14%
- Adjusted Net Income growth of 18% to 22%
- Impact of acquisitions
- Impact of foreign currency translation
- Impact of 53rd week
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2021
-0.8%
Avg return
Earnings day
+0.7%
Avg return
5 days after
-1.2%
Avg return
30 days after
50%
11 / 22 earnings
Positive
+27.4%
Q4 2025
Best reaction
-24.6%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.1% | -9.1% | -3.8% | |
| Q4 2025 | +27.4% | +18.1% | +8.0% | |
| Q3 2025 | +3.2% | +15.6% | +13.8% | |
| Q1 2025 | -24.6% | -25.9% | -32.6% | |
| Q4 2024 | -21.9% | -32.0% | -39.9% | |
| Q3 2024 | -8.0% | -8.9% | -17.6% | |
| Q2 2024 | +15.0% | +11.2% | +25.3% | |
| Q1 2024 | +2.4% | -6.3% | -16.4% | |
| Q4 2023 | -7.2% | -6.2% | -14.2% | |
| Q3 2023 | -4.6% | -0.4% | -2.6% | |
| Q2 2023 | -10.1% | -7.8% | -8.9% | |
| Q1 2023 | +0.7% | -0.3% | +0.7% | |
| Q4 2022 | +10.9% | +7.1% | +16.2% | |
| Q3 2022 | +2.7% | +7.5% | -6.1% | |
| Q2 2022 | -13.9% | -18.1% | -16.0% | |
| Q1 2022 | +7.2% | +18.3% | +10.1% | |
| Q4 2019 | -4.1% | +3.6% | -1.4% | |
| Q4 2021 | +4.0% | +8.7% | +9.7% | |
| Q3 2020 | +10.2% | +10.6% | +19.6% | |
| Q3 2021 | -1.3% | +6.6% | +10.0% | |
| Q2 2020 | +6.2% | +19.2% | +8.3% | |
| Q2 2021 | -10.6% | +3.1% | +12.0% | |
| Q1 2021 | — | — | — | |
| Q4 2020 | — | — | — | |
| Q1 2020 | — | — | — | |
| Q1 2016 | — | — | — | |
| Q4 2015 | — | — | — | |
| Q3 2015 | — | — | — | |
| Q2 2015 | — | — | — | |
| Q1 2015 | — | — | — | |
| Q4 2014 | — | — | — | |
| Q3 2014 | — | — | — | |
| Q2 2014 | — | — | — | |
| Q1 2014 | — | — | — | |
| Q4 2013 | — | — | — | |
| Q3 2013 | — | — | — | |
| Q2 2013 | — | — | — | |
| Q1 2013 | — | — | — | |
| Q4 2012 | — | — | — | |
| Q3 2012 | — | — | — | |
| Q2 2012 | — | — | — | |
| Q1 2012 | — | — | — | |
| Q4 2011 | — | — | — | |
| Q3 2011 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro