Krispy Kreme's stock lower after profit miss as doughnut maker offers guidance that lags consensus
Krispy Kreme(DNUT) Market Watch·2024-02-13 20:28
Krispy Kreme Inc.’s stock DNUT, +1.99% fell slightly premarket Tuesday, after the doughnut maker missed profit estimates for the fourth quarter and offered guidance that lagged consensus. The company had net income of $1.9 million, or 2 cents a share, for the quarter, after a loss of $1.0 million, or 2 cents a share, in the year-earlier period. Adjusted per-share earnings came to 9 cents, below the 13 cent FactSet consensus. Revenue rose to $450.9 million from $404.6 million, ahead of the FactSet consensus ...