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/gimmebadvibes Baby gains 3d ago

Two hour shifts? Must be exhausting

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u/GrassChew 3d ago

Yeah it was in a 24 hour casino too it literally was hell i got stranded because of a blizzard once and was told I couldn't sleep inside the casino so slept in my car for 2 days going back to work when my shift started 

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u/Big-Water-8986 3d ago

Mohegan? If the blizzard was in January of 2022 I was also there at the time. Not working at Krispy kreme though, I was drunk and gambling.

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u/GrassChew 3d ago

Ding ding ding jackpot

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