Krispy Kreme Re-Affirms Its Previous 2023 Guidance ; Net Revenue Of $1.65B-$1.68B, Est. $1.69B; Adjusted EPS Of $0.31-$0.34, Est. $0.32
Portfolio Pulse from Benzinga Newsdesk
Krispy Kreme has re-affirmed its previous 2023 guidance, expecting a net revenue of $1.65B-$1.68B, slightly below the estimated $1.69B. The company also anticipates an adjusted EPS of $0.31-$0.34, which aligns with the estimated $0.32.
November 09, 2023 | 11:51 am
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Krispy Kreme's reaffirmed 2023 guidance is slightly below the estimated revenue but aligns with the estimated EPS. This could potentially impact the company's stock price.
Krispy Kreme's reaffirmed 2023 guidance indicates a slightly lower revenue than estimated, which could negatively impact investor sentiment. However, the EPS is in line with estimates, which could balance out the potential negative impact. Therefore, the short-term impact on the stock price is uncertain.
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