Compared to Estimates, Krispy Kreme (DNUT) Q2 Earnings: A Look at Key Metrics
Krispy Kreme (DNUT) reported $438.81 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 7.3%. EPS of $0.05 for the same period compares to $0.07 a year ago.
The reported revenue represents a surprise of +0.64% over the Zacks Consensus Estimate of $436.03 million. With the consensus EPS estimate being $0.05, the company has not delivered EPS surprise.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
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. - Hot Light Theater Shops
: 229 compared to the 230 average estimate based on two analysts.
Global Points of Access, by segment and type - Market Development - Total
: 2,334 versus the two-analyst average estimate of 2,352.
Global Points of Access, by segment and type - U.S. - Cookie Bakeries
: 286 versus the two-analyst average estimate of 282.
Global Points of Access, by segment and type - U.S. - DFD Doors
: 7,497 compared to the 7,421 average estimate based on two analysts.
Global Points of Access, by segment and type - U.S. - Total
: 8,082 versus 8,004 estimated by two analysts on average.
Global Points of Access, by segment and type - International - Hot Light Theater Shops
: 46 compared to the 46 average estimate based on two analysts.
Global Points of Access, by segment and type - International - Fresh Shops
: 502 versus 492 estimated by two analysts on average.
Global Points of Access, by segment and type - International - Carts, Food Trucks, and Other
: 18 versus the two-analyst average estimate of 17.
Global Points of Access, by segment and type - International - DFD Doors
: 4,871 versus the two-analyst average estimate of 4,337.
Geographic Revenue- U.S.
$289.30 million versus the four-analyst average estimate of $282.92 million. The reported number represents a year-over-year change of +8.2%.
Geographic Revenue- International
: $125.27 million versus $115.92 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +27.4% change.
Geographic Revenue- Market Development
: $24.24 million compared to the $34.09 million average estimate based on four analysts. The reported number represents a change of -43.8% year over year.
View all Key Company Metrics for Krispy Kreme here>>>
Shares of Krispy Kreme have returned -5.8% over the past month versus the Zacks S&P 500 composite's -6.5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Krispy Kreme, Inc. (DNUT) : Free Stock Analysis Report