Advertisement
Canada markets closed

  • S&P/TSX

    21,947.41
    +124.19 (+0.57%)
     

  • S&P 500

    5,127.79
    +63.59 (+1.26%)
     

  • DOW

    38,675.68
    +450.02 (+1.18%)
     

  • CAD/USD

    0.7308
    -0.0006 (-0.08%)
     

  • CRUDE OIL

    77.99
    -0.96 (-1.22%)
     

  • Bitcoin CAD

    86,676.80
    +836.73 (+0.97%)
     

  • CMC Crypto 200

    1,316.55
    +39.57 (+3.10%)
     

  • GOLD FUTURES

    2,310.10
    +0.50 (+0.02%)
     

  • RUSSELL 2000

    2,035.72
    +19.61 (+0.97%)
     

  • 10-Yr Bond

    4.5000
    -0.0710 (-1.55%)
     

  • NASDAQ

    16,156.33
    +315.37 (+1.99%)
     

  • VOLATILITY

    13.49
    -1.19 (-8.11%)
     

  • FTSE

    8,213.49
    +41.34 (+0.51%)
     

  • NIKKEI 225

    38,236.07
    -37.98 (-0.10%)
     

  • CAD/EUR

    0.6787
    -0.0030 (-0.44%)
     

Krispy Kreme boasts Q1 earnings beat

Yahoo Finance

Shares of Krispy Kreme tick up higher after the donut chain reported an earnings beat alongside year-over-year e-commerce growth.

Video Transcript

RACHELLE AKUFFO: All right, taking a look now at shares of Krispy Kreme. Trading after posting strong first quarter results today. We see the stock in the green about 1% so far. Revenue coming in at $419 million. That's $17 million higher than estimates. There's also growth of 12.5% since last year. Adjusted earnings per share beat by $0.03. The donut maker's e-commerce revenue grew 23% on an annual basis.

And big wins on organic revenue growth, up 14% in the US and up 7% in the international segment. Krispy Kreme CEO Michael Tattersfield stressing the growth of donut sales across retail giants like Walmart and Target on that earnings call. I know I've done my part to eat quite a few of those. All right, stay tuned. Yahoo Finance will interview Tattersfield at 3:40 PM Eastern. You don't want to miss it.