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Krispy Kreme (Krispy Kreme) Gross Profit : $1,243 Mil (TTM As of Dec. 2023)


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What is Krispy Kreme Gross Profit?

Krispy Kreme's gross profit for the three months ended in Dec. 2023 was $338 Mil. Krispy Kreme's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $1,243 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Krispy Kreme's gross profit for the three months ended in Dec. 2023 was $338 Mil. Krispy Kreme's Revenue for the three months ended in Dec. 2023 was $451 Mil. Therefore, Krispy Kreme's Gross Margin % for the quarter that ended in Dec. 2023 was 74.95%.

Krispy Kreme had a gross margin of 74.95% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 6 years, the highest Gross Margin % of Krispy Kreme was 74.42%. The lowest was 69.03%. And the median was 73.07%.


Krispy Kreme Gross Profit Historical Data

The historical data trend for Krispy Kreme's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Krispy Kreme Gross Profit Chart

Krispy Kreme Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 697.40 811.13 1,030.30 1,123.67 1,242.86

Krispy Kreme Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 297.91 301.12 297.78 306.01 337.95

Competitive Comparison of Krispy Kreme's Gross Profit

For the Grocery Stores subindustry, Krispy Kreme's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Krispy Kreme's Gross Profit Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Krispy Kreme's Gross Profit distribution charts can be found below:

* The bar in red indicates where Krispy Kreme's Gross Profit falls into.



Krispy Kreme Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Krispy Kreme's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=1686.104 - 443.243
=1,243

Krispy Kreme's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=450.905 - 112.951
=338

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,243 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Krispy Kreme's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=338 / 450.905
=74.95 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Krispy Kreme  (NAS:DNUT) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Krispy Kreme had a gross margin of 74.95% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Krispy Kreme Gross Profit Related Terms

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Krispy Kreme (Krispy Kreme) Business Description

Traded in Other Exchanges
Address
2116 Hawkins Street, Charlotte, NC, USA, 28203
Krispy Kreme Inc is a sweet treat brands company. The company's Original Glazed doughnut is recognized for its hot-off-the-line, melt-in- your-mouth experience. It operates in 30 countries through its network of fresh Doughnut Shops, partnerships with retailers, and a growing ecommerce and delivery business. The company conducts its business through the following three reported segments namely U.S. and Canada, includes all operations in the U.S. and Canada, Insomnia Cookies shops, and the Branded Sweet Treat Line; International includes operations in the U.K., Ireland, Australia, New Zealand, and Mexico; and Market Development includes franchise operations across the globe, as well as operations in Japan.
Executives
Raphael Duvivier officer: Chief Development Officer 2116 HAWKINS STREET, CHARLOTTE NC 28203
Kelly P Mcbride officer: Chief Accounting Officer 2116 HAWKINS STREET, CHARLOTTE NC 28203
Jeremiah Ashukian officer: EVP & Chief Financial Officer 2116 HAWKINS STREET, CHARLOTTE NC 28203
Philip Telfer director 356 STATE STREET, EAST ALBURY C3 NSW 2640
Michael J. Tattersfield director, officer: President and CEO 2285 CLARK DRIVE, VANCOUVER A1 V5N 3G9
Gerhard W. Pleuhs director C/O KRAFT FOODS INC., THREE LAKES DRIVE, NORTHFIELD IL 60093
Marissa Andrada director C/O KATE SPADE & COMPANY 2 PARK AVENUE, NEW YORK NY 10016
Jab Indulgence B.v. 10 percent owner 14TH FLOOR, 20 EASTBOURNE TERRACE, LONDON X0 W2 6LG
Olivier Goudet director, other: Chairman of the Board 350 FIFTH AVENUE, NEW YORK NY 10118
Jab Holdings B.v. 10 percent owner PIET HEINKADE 55, AMSTERDAM P7 NL 1019 GM
Debbie Sharell Roberts director 204 W. 59TH STREET, BURR RIDGE IL 60527
Patricia Capel director C/O KRISPY KREME, INC., 2116 HAWKINS STREET, CHARLOTTE NC 28203
Josh Charlesworth officer: COO and CFO C/O KRISPY KREME, INC., 2116 HAWKINS STREET, CHARLOTTE NC 28203
David J. Deno director 111 4TH AVENUE NORTH #503, MINNEAPOLIS MN 55402
Andrew G Skehan officer: North America President 5555 GLENRIDGE CONNECTOR, NE, SUITE 300, ATLANTA GA 30342