Krispy Kreme Q1 2024 Adj EPS $0.07 Beats $0.06 Estimate, Sales $442.698M Beat $434.104M Estimate
Portfolio Pulse from Benzinga Newsdesk
Krispy Kreme (NASDAQ:DNUT) reported Q1 2024 adjusted EPS of $0.07, surpassing the $0.06 estimate, with sales of $442.698M exceeding the $434.104M forecast. This represents a 22.22% decrease in EPS and a 5.67% increase in sales year-over-year.
May 09, 2024 | 10:46 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Krispy Kreme's Q1 2024 earnings and sales beat estimates, with a slight EPS decrease but sales growth year-over-year.
Beating both EPS and sales estimates typically generates positive investor sentiment, potentially driving the stock price up in the short term. The year-over-year decrease in EPS might temper some enthusiasm, but the sales growth indicates continued business expansion, which is a positive signal for investors.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100