- December 20, 2021
- Posted by: Stratford Team
- Category: Business
No Comments
CHARLOTTE, N.C.–(BUSINESS WIRE)–Dec 20, 2021–
Krispy Kreme, Inc. (NASDAQ: DNUT) (“Krispy Kreme” or the “Company”) today updated its guidance for full year 2021 because of strong momentum in the fourth quarter. As a result of better than previously expected growth, the Company is providing the following updated guidance for the full year of 2021:
Full Year 2021
Updated Guidance
Prior Guidance
$
% Δ vs 2020
$
% Δ vs 2020
Millions, except %s
Low
High
Low
High
Low
High
Low
High
Net Revenue
$1,370
$1,385
22%
23%
$1,340
$1,380
19%
23%
Organic Revenue growth
12%
13%
10%
12%
Adjusted EBITDA
$182
$187
25%
29%
$178
$185
22%
27%
Adjusted Net Income
$65
$68
53%
61%
$62
$68
46%
61%
“Our global…
