A cyberattack during its critical holiday season and the sale of Insomnia Cookies weighed on Krispy Kreme’s (NASDAQ:DNUT) fourth quarter results, which came in less than expectations and drove shares down by double digits in Tuesday’s premarket trading.

At this time, I'd like to welcome everyone to the Krispy Kreme fourth quarter 2024 earnings call. I would now like to turn the call over to Dre Eldredge, Krispy Kreme investor relations. Please go ahead.

Shares of doughnut chain Krispy Kreme (NASDAQ:DNUT) fell 26.1% in the pre-market session after the company reported disappointing Q4 2024 results as it missed across all key metrics, including sales,