Krispy Kreme whiffed on revenue and the stock is sliding

Doughnut-maker Krispy Kreme had a slight miss on revenue expectations and the stock is sliding.

While the company reported an adjusted earnings per share of $0.22 versus analysts expectations of $0.21 for the fourth quarter, revenue came in light at $130.4 million against analyst expectations of $131.3 million.

In response to the earnings, the stock is trading down nearly 6% after-hours.

More to come…

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