Krispy Kreme stock reports a 12.8 percent revenue decline

Published on 10/04/2026 at 17:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Krispy Kreme stock closed at USD 2.89 on October 2, 2026, while Q2 revenue reached USD 331 million. Analysts assign a Reduce consensus and USD 4.33 target.

DNUT, US50101L1061, Illustration mit AI erstellt.

Krispy Kreme stock (ISIN US50101L1061) closed at USD 2.89 on Nasdaq on October 2, 2026, down 0.34 percent from the prior session. The latest results point to a difficult sales picture alongside measurable progress in the turnaround.

Revenue falls as losses narrow

According to Krispy Kreme on August 6, 2026, second-quarter revenue for the period ended June 28, 2026, was USD 331 million. That was 12.8 percent below the prior-year quarter, while the company reported a net loss of USD 19.8 million and diluted EPS of negative USD 0.12.

The revenue figure exceeded the USD 303.35 million consensus estimate by 9.1 percent, but the adjusted loss of USD 0.03 per share matched expectations, according to MarketBeat.

Turnaround metrics improve

Adjusted EBITDA rose 43.2 percent to USD 28.8 million in the second quarter, lifting the adjusted EBITDA margin to 8.7 percent from 5.3 percent a year earlier. Operating cash flow for the first half reached USD 10.0 million, an improvement of USD 63.3 million, although free cash flow remained negative at USD 6.1 million, as reported by Yahoo Finance on September 12, 2026.

Krispy Kreme maintained full-year guidance of USD 1.25 billion to USD 1.35 billion in net revenue and USD 140 million to USD 150 million in Adjusted EBITDA. For investors, the central tension is clear: profitability metrics are improving while the sales base remains under pressure.

Analyst target stays above market

MarketBeat reported on September 17, 2026, that five research firms assigned a Reduce consensus, comprising three sell ratings and two buy ratings. The average 12-month target was USD 4.33, while the highest target was USD 6.00 and the lowest was USD 3.00.

The USD 4.33 average target stands 49.8 percent above the October 2 closing price of USD 2.89. The contrast between that target and the consensus rating reflects the stock's recovery potential on paper, but also the market's continued concern over declining revenue and ongoing losses.

DNUT stays near yearly low

DNUT traded within USD 2.85 to USD 2.93 on October 2, 2026, against a 52-week range of USD 2.85 to USD 5.11. Its market capitalization was USD 498.2 million and volume reached 1,912,173 shares on the same date.