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Krispy Kreme Stock Tumbles On Q4 Performance Lag, Weak Annual Outlook

Summary

Krispy Kreme Inc (NASDAQ: DNUT) shares fall after the company reported worse-than-expected fourth-quarter results for FY24. Sales dropped 10.4% year-on-year to $404 million, missing estimates. The company cited lost revenue from the 2024 Cybersecurity Incident and widened operating losses.

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Article published on February 25, 2025 by benzinga