Krispy Kreme (DNUT) Stock Surges 17% on Strong Q4 Earnings Beat
Krispy Kreme shares soared 17.1% in premarket trading after delivering a decisive earnings surprise. The doughnut chain posted Q4 adjusted EPS of $0.09, tripling analyst expectations of $0.03. Revenue edged past forecasts at $392.4 million despite a strategic 2.9% year-over-year decline from store closures.
The company's restructuring efforts showed tangible results, with adjusted EBITDA jumping 21% to $55.6 million. Margin expansion of 280 basis points to 14.2% signals improving operational efficiency as management rationalizes its global footprint, reducing points of access by 13.5%.
Market participants rewarded the clear turnaround progress, overlooking full-year restructuring pains. Krispy Kreme's 2026 guidance projects systemwide sales growth of 2-4% and anticipates positive free cash Flow generation.
