Krispy Kreme's stock drops on earnings miss
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Krispy Kreme's stock has declined following an earnings miss, with the company warning that its full-year 2024 profit is expected to fall short of analyst estimates.
November 07, 2024 | 1:30 pm
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Krispy Kreme's stock has dropped due to an earnings miss, and the company has warned that its full-year 2024 profit will likely fall short of analyst estimates.
The earnings miss directly impacts Krispy Kreme's stock price as it indicates weaker-than-expected financial performance. The warning about 2024 profits further exacerbates investor concerns, likely leading to a negative short-term impact on the stock.
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