From Financial Modeling Prep: 2025-05-08 12:40:00

Krispy Kreme (NASDAQ:DNUT) stock plunged over 25% today due to disappointing first-quarter results and weak second-quarter guidance. The company reported a net loss of $33.4 million, with revenue of $375.2 million, missing analyst expectations. CEO Josh Charlesworth outlined plans to improve performance amidst macroeconomic challenges, including debt reduction and enhancing cash flow.

Looking forward, Krispy Kreme projects second-quarter revenue between $370 million and $385 million, below Wall Street estimates. Despite a 21.4% increase in global access points, concerns remain over sales momentum. Efforts to connect with cost-conscious consumers through promotions of the Original Glazed doughnut have not fully alleviated investor worries.



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