2023-05-11 06:49:54 ET
- Krispy Kreme press release ( NASDAQ: DNUT ): Q1 Non-GAAP EPS of $0.09 beats by $0.02 .
- Revenue of $418.95M (+12.5% Y/Y) beats by $16.83M .
- CEO comment: “We also achieved our best ever quarter of Ecommerce revenue, representing a higher mix of revenue than during the pandemic and we see a long runway for further growth in this channel. Krispy Kreme continues to be well-positioned to deliver another year of strong growth driven by our capital efficient DFD model and our global expansion plans.”
- FY2023 Outlook : Net Revenue of $1.65 billion to $1.68 billion, +8% to +10% vs 2022 (+9% to +11% in constant currency) vs. consensus of $1.68B; Organic Revenue growth of 9% to 11%; Adjusted EBITDA of $205 million to $215 million, +8% to +13% vs 2022 (+10% to +14% in constant currency); Adjusted Net Income, diluted, of $52 million to $58 million, +5% to +17% vs 2022 (+9% to +21% in constant currency); Adjusted Diluted EPS of $0.31 to $0.34, +7% to +17% vs 2022 (+10% to +21% in constant currency) vs. consensus of $0.33; Income Tax rate between 24.5% to 26.0%; Capital Expenditures between $105 million to $115 million, or approximately 6.6% of revenue; Interest Expense, net between $39 million to $43 million.
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Krispy Kreme Non-GAAP EPS of $0.09 beats by $0.02, revenue of $418.95M beats by $16.83M