Krispy Kreme Inc

-0.17 (-1.17%)
Other Pre-Announcement

Krispy Kreme Q2 Adjusted Earnings Per Share $0.13

Published: 08/17/2021 20:35 GMT
Krispy Kreme Inc (DNUT) - Krispy Kreme Reports Strong Second Quarter 2021 Results, Demonstrates Power of Omni-channel Strategy.
Q2 Adjusted Earnings per Share $0.13.
Q2 GAAP Loss per Share $0.13.
Sees FY Revenue $1.34 Billion to $1.38 Billion.
Q2 Earnings per Share Estimate $0.14 -- Refinitiv Ibes Data (analyst estimates).
Provides 2021 Guidance and Long-term Financial Outlook.
Qtrly Net Revenue Growth of 43% and Organic Growth of 23%.
Organic Revenue Grew 22.5% in Quarter, Up From a 6.7% Decline in Q2 of 2020.
Qtrly Net Revenue $349.2 Million.
Organic Revenue Growth in Quarter Was Driven by Our International Segment, Which Performed Stronger Than Prior to Covid-19 Pandemic.
Sees FY Organic Revenue Growth of 10% to 12%.
Sees FY Adjusted EBITDA of $178 Million to $185 Million.
Expect to Pay an Initial Cash Dividend of $0.035 per Share for Quarter Ending October 3, 2021.
Sees Long-term Organic Revenue Growth of 9% to 11%.
Sees Long-term Adjusted Net Income Growth of 18% to 22%.
Anticipate Exceeding Long-term Targets in Full Year 2022.