Krispy Kreme (DNUT) To Report Earnings Tomorrow: Here Is What To Expect

Doughnut chain Krispy Kreme (NASDAQ:DNUT) will be reporting results this Thursday morning. Here’s what to expect.

Krispy Kreme missed analysts’ revenue expectations last quarter, reporting revenues of $375.3 million, down 1.2% year on year. It was a very strong quarter for the company, with a beat of analysts’ EPS estimates and an impressive beat of analysts’ EBITDA estimates.

This quarter, the market is expecting Krispy Kreme’s revenue to decline 3.7% year on year, improving from the 10.4% decrease it recorded in the same quarter last year.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Krispy Kreme has missed Wall Street’s revenue estimates multiple times over the last two years.

Looking at Krispy Kreme’s peers in the traditional fast food segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Yum China delivered year-on-year revenue growth of 8.8%, beating analysts’ expectations by 3.9%, and Wendy's reported a revenue decline of 5.5%, topping estimates by 1.3%. Yum China traded up 9.7% following the results while Wendy's was down 3.7%.

The euphoria surrounding Trump’s November win lit a fire under major indices, but potential tariffs have caused the market to do a 180 in 2025. While some of the traditional fast food stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 4.6% on average over the last month. Krispy Kreme is down 10% during the same time and is heading into earnings with an average analyst price target of $3.91 (compared to the current share price of $2.98).