Krispy Kreme (DNUT) Q2 Revenue Falls 13%

Krispy Kreme (NASDAQ:DNUT), a global doughnut retailer known for its Original Glazed doughnuts, released its earnings for the second quarter of fiscal 2025 on August 7, 2025. The most notable headlines were GAAP net loss of $441.1 million in Q2 FY2025, Non-GAAP EPS of $0.15 in Q2 FY2025 exceeded market expectations, and a 13.5% decline in GAAP revenue in Q2 FY2025 compared to the same quarter last year. GAAP revenue slightly topped analyst forecasts at $379.8 million in Q2 FY2025, $1.1 million above consensus. However, underlying operational performance lagged, with Adjusted EBITDA was $20.1 million in Q2 FY2025, down 63.3% from Q2 FY2024. The quarter showed the impact of a costly end to the McDonald’s USA partnership and significant asset impairments. The company withdrew future guidance, underscoring ongoing uncertainty as it announced a turnaround plan focused on cost reduction, refranchising, and improved efficiency. Overall, the period marked a transitional and challenging phase for the business. Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report. Krispy Kreme is globally recognized for its Original Glazed doughnuts, typically distributed through its signature stores, third-party retailers, and digital channels. It operates with a hub and spoke model, where doughnut factory "hubs" supply outlets ("spokes"), such as dedicated shops and retail partners. This approach lets the company efficiently extend fresh doughnut reach across 40 countries, while focusing investment on large-scale production sites instead of many small stores.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool