NASDAQ$DNUT

Krispy Kreme Inc. · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Krispy Kreme reported financial results for the fourth quarter and full year ended December 29, 2024.

Krispy Kreme's fourth quarter net revenue was $404.0 million, a decline of 10.4% compared to the same quarter last year. Organic revenue grew 1.8%. GAAP net loss was $22.2 million, compared to income in the prior year of $1.9 million. Adjusted EBITDA in the quarter declined 28.4% to $45.9 million.

  • Net revenue of $404.0 million.
  • Organic revenue grew 1.8%, to $400.6 million.
  • GAAP net loss of $22.2 million.
  • Adjusted EBITDA of $45.9 million.

Headline financials

Total Revenue

$404M

Previous: $451M-10.4%
EPS (adj)

$0.01

Previous: $0.09-88.9%
Global Points of Access

17.6K

Previous: 14.1K+24.1%
Net Income

-$22.2M

Previous: $1.9M-1266.5%
Operating Income

-$11.5M

Previous: -$5.3M-116.9%

Revenue & EPS history

Krispy Kreme · Revenue · Quarterly

$404M

Q4 2024-10.4%vs Q4 2023
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Krispy Kreme · $380M total across 3 segments · Q2 2025

  • U.S.
    $230M—
  • International
    $133M—
  • Market Development
    $16.9M—

Forward guidance

Krispy Kreme issues the following guidance for the full year 2025 (vs FY2024)

Tailwinds

  • Net Revenue of $1,550 to $1,650 million
  • Organic Revenue growth of +5% to +7%
  • Adjusted EBITDA of $180 to $200 million
  • Adjusted EPS of $0.04 to $0.08
  • Capital Expenditures of 6% to 7% of net revenue

Headwinds

  • Income Tax rate between 32% and 36%
  • Interest Expense, net of $65 million to $75 million
  • The company expects leverage to trend towards 4.0x by year end 2025.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-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

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025———
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———

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