Krispy Kreme reported net income of $ 4.3 million, or 1 cent per share, in the fourth quarter, after losing $ 24.8 million, or 21 cents a share, a year ago.
Adjusted earnings per share stood at 8 cents, marginally lower than estimates for 9 five.
Revenue rose 13.85% to $ 370.6 million, compared to estimates for $ 363 million.
CEO Mike Tattersfield said the company would “significantly” expand access points in 2022 and expand its multi-channel model.
It now expects adjusted earnings per share of 38-41 cents and revenue of $ 1.53-1.56 billion.
Convergent estimates point to earnings per share of 45 cents and revenue of $ 1.55 billion.
The share is up 0.4% in pre-conference trading.
Source: Capital
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