Krispy Kreme Reports Fourth Quarter and Full Year 2024 Financial Results
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Krispy Kreme reported its financial results for Q4 and full year 2024, showing a net revenue of $404 million. Organic revenue grew by 1.8% but was negatively impacted by a cybersecurity incident. The company reported a GAAP net loss of $22.2 million and an adjusted EBITDA of $45 million.
February 25, 2025 | 12:00 pm
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Krispy Kreme's Q4 2024 results show a net revenue of $404 million with a 1.8% organic growth. The company faced a GAAP net loss of $22.2 million, partly due to a cybersecurity incident impacting revenue.
The financial results indicate a net loss and a cybersecurity incident that adversely affected revenue, which could lead to negative investor sentiment and a potential short-term decline in stock price.
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IMPORTANCE 80
RELEVANCE 100