Krispy Kreme's Profit Surge Boosts Stock
Update: 2025-11-08
Description
Krispy Kremes stock surged nearly nine percent on November seventh, following the release of its third-quarter financial results. Despite a slight revenue miss, the company beat profit expectations, reporting an adjusted profit of one cent per share. This positive shift was attributed to strategic moves like closing underperforming locations and ending the McDonalds partnership, leading to a seventeen percent increase in adjusted earnings and positive free cash flow. The stock closed up six point eight percent, signaling a meaningful progress for the company.
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