Krispy Kreme tumbles after wider-than-expected quarterly loss

Krispy Kreme

07/08/2025 16:33

Updates

** Shares of Krispy Kreme DNUT.O down 9% at $3.1

** Posts Q2 loss of 15c/shr vs 3 c/shr analysts' estimate - data compiled by LSEG

** DNUT takes $356 mln non-cash goodwill impairment charge from failed McDonald's MCD.N partnership

** In March, the company partnered with MCD to sell its donuts as part of breakfast menu but ended it in July

** Co expects to begin recouping profitability in Q3

** Up to last close, stock down 65.56% YTD

(Reporting by Anshi Sancheti in Bengaluru)

((Anshi.Sancheti@thomsonreuters.com))