DNUT Q1 2023 Earnings — Krispy Kreme, Inc. Revenue & Financial Results | Market Cap Arena

DNUTKrispy Kreme, Inc.

$598M

Q1 2023 Earnings

Consumer Defensive Grocery Stores

Income Statement

Revenue

$419M+12.5% YoY

Gross Profit

$301M71.9% margin

Operating Income

$15M3.6% margin

Net Income

-$301,000-0.1% margin

EPS (Diluted)

$-0.00

QoQ Revenue Growth

+3.5%

Cash Flow

Operating Cash Flow

$10M

Free Cash Flow

-$16M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$3.1B

Total Liabilities

$1.8B

Stockholders' Equity

$1.2B

Cash & Equivalents

$30M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$419M	$373M	+12.5%
Gross Profit	$301M	$276M	+8.9%
Operating Income	$15M	$17M	-13.5%
Net Income	-$301,000	$4M	-107.5%

Revenue Segments

Company Shops, DFD And Branded Sweet Treat Line

$393M94%

Mix And Equipment Revenue From Franchisees

$18M4%

Royalty

$8M2%

Geographic Segments

U.S. Segment

$281M100%