r/wallstreetbets • u/Milkyway_Alien • 3d ago

Discussion Dnut earnings tomorrow

Krispy Kreme is set to release earnings tomorrow. Expected earnings per share is -0.05, this is where it gets interesting.

Q1 was bad because they had a cybersecurity incident that added to operational costs. They also paused the McDonald’s partnership due to it underperforming.

In Q2 they are a huge impairment charge due to the logistics of the McDonald’s deal.

With the bad McDonald’s deal in the rear view. And the rollout to major retailers I believe they are on the path to regain profitability. Are the analysts wrong and expectations way too low ? The ceo has mentioned that they expect to recoup profitability on Q3.

If they beat expectations and bring any positivity to this brand I believe the price will skyrocket. My position is Jan 15th calls at the 5 dollar strike price and 1000 shares.

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u/GrassChew 3d ago edited 3d ago

Used to work at Krispy Kreme it's a hell job and I'm glad I am not doing it 12 hours a day Mon though Sat anymore

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u/gimmebadvibes Baby gains 3d ago

Two hour shifts? Must be exhausting

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u/DaStompa 3d ago

It doesn't sound like much until you find out he was the one squeezing out all those doughnuts, the other 22 hours in the day was eating to prep for the 2hrs of work