CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Krispy Kreme Inc. (DNUT) on Thursday reported a loss of $20.3 million in its second quarter.
The Charlotte, North Carolina-based company said it had a loss of 12 cents per share. Losses, adjusted for one-time gains and costs, were 3 cents per share.
The doughnut wholesaler and retailer posted revenue of $331 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $323 million.
Krispy Kreme expects full-year revenue in the range of $1.25 billion to $1.35 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DNUT at https://www.zacks.com/ap/DNUT
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