Krispy Kreme Doughnuts (NYSE: KKD) reported earnings on Aug. 22. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended July 29 (Q2), Krispy Kreme Doughnuts missed estimates on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue grew and GAAP earnings per share dropped significantly.

Gross margins expanded, operating margins grew, net margins dropped.

Revenue details
 Krispy Kreme Doughnuts booked revenue of $102.1 million. The six analysts polled by S&P Capital IQ hoped for sales of $104.5 million on the same basis. GAAP reported sales were 4.3% higher than the prior-year quarter's $98.0 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 EPS came in at $0.07. The five earnings estimates compiled by S&P Capital IQ averaged $0.05 per share. GAAP EPS of $0.07 for Q2 were 42% lower than the prior-year quarter's $0.12 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
 For the quarter, gross margin was 16.1%, 360 basis points better than the prior-year quarter. Operating margin was 9.1%, 380 basis points better than the prior-year quarter. Net margin was 4.8%, 420 basis points worse than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $106.4 million. On the bottom line, the average EPS estimate is $0.05.

Next year's average estimate for revenue is $434.4 million. The average EPS estimate is $0.24.

Investor sentiment
 The stock has a two-star rating (out of five) at Motley Fool CAPS, with 431 members out of 804 rating the stock outperform, and 373 members rating it underperform. Among 210 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 99 give Krispy Kreme Doughnuts a green thumbs-up, and 111 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Krispy Kreme Doughnuts is outperform, with an average price target of $9.56.