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Funko reiterates full-year sales flat to up 3% and adjusted EBITDA $100M-$110M as Pop! Mystery expands

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Why Krispy Kreme Stock Crushed It Today

Investors are savoring the glazed doughnut seller's improved profitability.

  • Krispy Kreme stock surged 30% after announcing higher sales forecast.
  • Net revenue declined 12.4% YoY in Q3, attributed to shift to franchise model.
  • Management targets 50% of sales from franchises by 2027, improving margins.

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