Published on 23 Dec 2021 on MarketWatch
Krispy Kreme stock rises after revenue guidance lifted
Krispy Kreme Inc. shares rose 1.5% in Monday premarket trading after the doughnut purveyor raised its revenue guidance for the year. Krispy Kreme is now guiding for revenue of $1.370 billion to $1.385 billion, up from $1.340 billion to $1.380 billion. The Factset consensus is $1.370 billion. The low end of the adjusted net income outlook has also been raised to $65 million to $68 million from $62 million to $68 million. Krispy Kreme shares began trading on . The stock has gained 14.6% over the last three months, outpacing the S&P 500 index which is up 6% for the period.