BUZZ-Krispy Kreme falls after forecasting 2025 revenue, profit below estimates
ReutersFeb 25, 2025 1:47 PM
Donut chain Krispy Kreme's DNUT.O shares down 10.5% at $8.17 premarket
Company forecasts annual profit, revenue below analysts' estimates on weak demand for its donuts
Also says it has begun to evaluate refranchising certain international markets and restructured management teams to improve profitability
Q4 net revenue of $404 mln misses estimate of $415.5 mln - data compiled by LSEG
Company expects 2025 net revenue of $1.55 bln to $1.65 bln vs estimate of $1.76 bln
Expects adjusted EPS of 4 cents to 8 cents, vs estimate of 30 cents
Stock fell 34% in 2024
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