Krispy Kreme Reports Q1 2025: Net Revenue at $375.2M, GAAP Net Loss of $33.4M, Adjusted EBITDA at $24.0M
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Krispy Kreme reported its Q1 2025 financial results, with net revenue at $375.2 million and a GAAP net loss of $33.4 million. Organic revenue declined by 1.0% to $374.7 million. Adjusted EBITDA was $24.0 million. The company saw a 21.4% increase in Global Points of Access, totaling 17,982. Sales per Hub decreased by 2.0% in the U.S. and 1.0% internationally. Digital sales rose to 16.9%. Krispy Kreme is focusing on U.S. expansion and a capital-light franchise model, while promoting its Original Glazed doughnut and special offerings for holidays.
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