Krispy Kreme improves profitability and raises revenue outlook following restructuring results
DNUT Krispy Kreme Inc
$3.70 -3.01%
View chart & analysis → - 1Krispy Kreme net revenue decreased 12% to $328.8 million.
- 2Krispy Kreme global systemwide sales recorded a 1% increase for the quarter.
- 3The company projected an annual systemwide sales growth rate of 2-4% to reach $2 billion in annual Krispy Kreme systemwide sales.
So what's the key point?
Krispy Kreme's total sales grew by 1%. Sales are expected to grow enough to reach $2 billion this year.
Source QSR · View original ↗
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