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Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation. We would handle any matter on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.

Shareholders should contact the firm immediately as there may be limited time to enforce your rights.

, /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating whether certain officers and directors of Krispy Kreme, Inc. (NASDAQ: DNUT) breached their fiduciary duties to shareholders.

If you currently own Krispy Kreme stock and are a long-term shareholder, you may be able to seek corporate governance reforms, the return of funds back to the company, a court-approved financial incentive award, or other relief and benefits. Please click here to learn more about your legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected].

Why Your Participation Matters:

Shareholder involvement can help improve a company's policies, practices, and oversight mechanisms to create a more transparent, accountable, and effectively managed organization, which can enhance shareholder value.

Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:
Halper Sadeh LLC
One World Trade Center
85th Floor
New York, NY 10007
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
[email protected]
[email protected]
https://www.halpersadeh.com

SOURCE Halper Sadeh LLP

Kuehn Law Encourages Investors of Krispy Kreme, Inc. to Contact Law Firm PR Newswire

NEW YORK, Aug. 31, 2026

, /PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Krispy Kreme, Inc. (NASDAQ: DNUT) breached their fiduciary duties to shareholders.

According to a federal securities lawsuit, Insiders at Krispy Kreme caused the company to misrepresent or fail to disclose that (1) that demand for Krispy Kreme products declined materially at McDonald's locations after the initial marketing launch; (2) that demand at McDonald's locations was a driver of declining average sales per door per week; (3) that the partnership with McDonald's was not profitable; (4) that the foregoing posed a substantial risk to maintaining the partnership with McDonald's; (5) that, as a result, the Company would pause expansion into new McDonald's locations; and (6) that, as a result of the foregoing, positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

If you currently own DNUT and purchased prior to February 25, 2025 please contact ophia Anne Silayan by email at [email protected] or call (833) 672-0814. Kuehn Law pays all case costs and does not charge its investor clients. Shareholders should contact the firm immediately as there may be limited time to enforce your rights.

Why Your Participation Matters:

As a shareholder your voice matters, and by getting involved, you contribute to the integrity and fairness of the financial markets. Your investment. Your voice. Your future.™

For additional information, please visit Shareholder Derivative Litigation - Kuehn Law.

Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts:
Kuehn Law, PLLC
Justin Kuehn, Esq.
53 Hill Street, Suite 605
Southampton, NY 11968
[email protected]
(833) 672-0814

View original content to download multimedia:https://www.prnewswire.com/news-releases/kuehn-law-encourages-investors-of-krispy-kreme-inc-to-contact-law-firm-302865239.html

SOURCE Kuehn Law, PLLC

-

Get a dozen Pumpkin Spice Original Glazed® Doughnuts for just $5 with the purchase of any dozen at regular price.

CHARLOTTE, N.C.--(BUSINESS WIRE)--Pumpkin spice season just got even sweeter! Krispy Kreme® is bringing back its fan-favorite Pumpkin Spice Original Glazed® Doughnut for four days only, Aug. 27-30, giving fans another delicious reason to celebrate fall flavors. And its return comes with an irresistible deal: purchase any dozen at regular price and get a dozen Pumpkin Spice Original Glazed® Doughnuts for just $5.

The Pumpkin Spice Original Glazed® Doughnut features pumpkin spice-flavored dough finished with Krispy Kreme’s iconic glaze, creating a seasonal twist on the brand’s signature Original Glazed® Doughnut.

"Our Pumpkin Spice Original Glazed doughnut is the perfect taste of fall in every bite,” said Alison Holder, Chief Product and Brand Officer at Krispy Kreme. “We know our fans look forward to this every year, and while it will only be available to enjoy and share for a few days, we have more fall awesomeness to come. So, stay tuned!”

Krispy Kreme’s Pumpkin Spice Original Glazed® Doughnut will be available individually and by the dozen in-shop and for pickup or delivery through Krispy Kreme’s app and website, while supplies last. It joins Krispy Kreme’s Autumn Seasonal Collection, introduced earlier this month, with two all-new doughnuts, two returning fan favorites and two seasonal beverages offering the comforts of autumn in every sip.

The $5 Pumpkin Spice Original Glazed® dozen, with the purchase of any dozen at regular price, is available Aug. 27-30 at participating U.S. shops in-shop and drive-thru, with a limit of two per guest. Guests ordering for pickup or delivery through Krispy Kreme’s app or website should use promo code BOGO5 at checkout; limit one per guest.

Visit www.krispykreme.com/locate/location-search to find a shop near you and share how you're enjoying Krispy Kreme’s Pumpkin Spice Original Glazed® Doughnut by using #KrispyKreme and tagging @krispykreme on social media. To learn more, visit www.krispykreme.com/offers/pumpkin-spice.

About Krispy Kreme

Headquartered in Charlotte, N.C., Krispy Kreme is one of the most beloved and well-known sweet treat brands in the world. Our iconic Original Glazed® doughnut is universally recognized for its hot-off-the-line, melt-in-your-mouth experience. Krispy Kreme operates in more than 40 countries through its unique network of fresh doughnut shops, partnerships with leading retailers, and a rapidly growing digital business. Our purpose of touching and enhancing lives through the joy that is Krispy Kreme guides how we operate every day and is reflected in the love we have for our people, our communities, and the planet. Connect with Krispy Kreme Doughnuts at KrispyKreme.com and follow us on social: X, Instagram and Facebook.

Category: Brand News

More News From Krispy Kreme

Back to Newsroom

CHARLOTTE, N.C.--(BUSINESS WIRE)--Your next Pokémon adventure just got a whole lot sweeter. Krispy Kreme® is teaming up with The Pokémon Company International to celebrate 30 years of Pokémon with a new Pokémon Doughnut Collection, featuring five beloved Pokémon transformed into Krispy Kreme creations fans can catch and share. Beginning Tuesday, Aug. 18, for a limited time, Trainers and doughnut lovers can discover Krispy Kreme's new Pokémon Doughnut Collection at participating shops nationwide.

Posted by Defense World Staff on Aug 8th, 2026

H World Group (NASDAQ:HTHT – Get Free Report) and Krispy Kreme (NASDAQ:DNUT – Get Free Report) are both consumer discretionary companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, earnings, risk, analyst recommendations, valuation, institutional ownership and profitability.

Profitability This table compares H World Group and Krispy Kreme’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets H World Group 19.22% 39.73% 7.47% Krispy Kreme -6.16% -1.15% -0.30% Earnings and Valuation This table compares H World Group and Krispy Kreme”s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio H World Group $25.91 billion 0.50 $726.00 million $2.23 19.00 Krispy Kreme $1.52 billion 0.38 -$515.77 million ($2.99) -1.12 H World Group has higher revenue and earnings than Krispy Kreme. Krispy Kreme is trading at a lower price-to-earnings ratio than H World Group, indicating that it is currently the more affordable of the two stocks.

Analyst Recommendations This is a summary of recent ratings and target prices for H World Group and Krispy Kreme, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score H World Group 0 2 3 0 2.60 Krispy Kreme 3 1 2 0 1.83 H World Group currently has a consensus target price of $61.20, indicating a potential upside of 44.44%. Krispy Kreme has a consensus target price of $4.33, indicating a potential upside of 29.74%. Given H World Group’s stronger consensus rating and higher probable upside, equities analysts clearly believe H World Group is more favorable than Krispy Kreme.

Institutional and Insider Ownership 46.4% of H World Group shares are owned by institutional investors. Comparatively, 81.7% of Krispy Kreme shares are owned by institutional investors. 49.4% of H World Group shares are owned by company insiders. Comparatively, 1.6% of Krispy Kreme shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Risk and Volatility H World Group has a beta of 0.15, meaning that its stock price is 85% less volatile than the S&P 500. Comparatively, Krispy Kreme has a beta of 1.27, meaning that its stock price is 27% more volatile than the S&P 500.

Summary H World Group beats Krispy Kreme on 12 of the 14 factors compared between the two stocks.

About H World Group (Get Free Report)

H World Group Limited develops leased and owned, manachised, and franchised hotels in the People's Republic of China. The company operates hotels under its own brands, such as HanTing Hotel, Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels, Ibis Hotel, JI Hotel, Orange Hotel, Starway Hotel, Ibis Styles Hotel, CitiGO Hotel, Crystal Orange Hotel, IntercityHotel, Manxin Hotel, Mercure Hotel, Madison Hotel, Novotel Hotel, Joya Hotel, Blossom House, Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz in the City, Grand Mercure, Steigenberger Icon, and Song Hotels. The company was formerly known as Huazhu Group Limited and changed its name to H World Group Limited in June 2022. H World Group Limited was founded in 2005 and is headquartered in Shanghai, the People's Republic of China.

About Krispy Kreme (Get Free Report)

Krispy Kreme, Inc., together with its subsidiaries, produces doughnuts in the United States, the United Kingdom, Ireland, Australia, New Zealand, Mexico, Canada, Japan, and internationally. The company operates through three segments: U.S., International, and Market Development. The company offers doughnut experiences through hot light theater and fresh shops, delivered fresh daily branded cabinets and merchandising units within grocery and convenience stores, quick service restaurants, club memberships, drug stores, and ecommerce, as well as through its branded sweet treat line comprising Krispy Kreme branded sweet treats. It also provides cookies under the Insomnia Cookies brand, cookie cakes, ice cream, cookie-wiches, and brownies; and operates Krispy Kreme company-owned shops and franchise shops. The company was formerly known as Krispy Kreme Doughnuts, Inc. and changed its name to Krispy Kreme, Inc. in May 2021. Krispy Kreme, Inc. was founded in 1937 and is based in Charlotte, North Carolina.

Receive News & Ratings for H World Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for H World Group and related companies with MarketBeat.com's FREE daily email newsletter.

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Krispy Kreme, Inc. (DNUT) Q2 2026 Earnings Call Transcript

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Krispy Kreme (DNUT - Free Report) reported $331 million in revenue for the quarter ended June 2026, representing a year-over-year decline of 12.8%. EPS of -$0.03 for the same period compares to -$0.15 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $323.03 million, representing a surprise of +2.47%. The company has not delivered EPS surprise, with the consensus EPS estimate being -$0.03.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Krispy Kreme performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Total Global Points of Access: 15,665 versus 15,104 estimated by two analysts on average.Hubs, by segment and type - U.S. - Doughnut Factories: 6 compared to the 6 average estimate based on two analysts.Global Points of Access, by segment and type - U.S. - Fresh Shops: 46 versus the two-analyst average estimate of 58.Global Points of Access, by segment and type - U.S. - Total: 6,408 compared to the 6,519 average estimate based on two analysts.Global Points of Access, by segment and type - International - Hot Light Theater Shops: 47 versus the two-analyst average estimate of 46.Global Points of Access, by segment and type - International - Fresh Shops: 448 versus the two-analyst average estimate of 490.Global Points of Access, by segment and type - International - Carts, Food Trucks, and Other: 17 versus the two-analyst average estimate of 19.Global Points of Access, by segment and type - International - Total: 4,411 versus the two-analyst average estimate of 4,563.Global Points of Access, by segment and type - Market Development - Hot Light Theater Shops: 180 versus 147 estimated by two analysts on average.Geographic Revenue- International: $117.34 million versus $116.18 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -11.6% change.Geographic Revenue- U.S.: $172.68 million compared to the $183.42 million average estimate based on two analysts. The reported number represents a change of -25% year over year.Geographic Revenue- Market Development: $40.97 million versus $22.45 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +142.3% change.View all Key Company Metrics for Krispy Kreme here>>>

Shares of Krispy Kreme have returned -9.9% over the past month versus the Zacks S&P 500 composite's +3.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

Published in earnings earnings-estimates-revisions earnings-surprise

Krispy Kreme once again narrowed its loss and expanded margins during its latest quarter, as the doughnut chain continued to make progress with its turnaround plan.

Delivers reduced leverage, expanded Adjusted EBITDA margin, improved cash flow, and international expansion

CHARLOTTE, N.C.--(BUSINESS WIRE)--Krispy Kreme, Inc. (NASDAQ: DNUT) (“Krispy Kreme”, “KKI”, or the “Company”) today reported financial results for the quarter ended June 28, 2026.

Second Quarter 2026 Highlights (vs Q2 2025)

Net revenue of $331.0 million declined 12.8%, reflecting our refranchising efforts and the strategic closure of underperforming doors completed in the third quarter of 2025 Systemwide sales of $497.3 million increased 1.1% in constant currency, and increased 2.6% excluding sales attributable to the now-ended McDonald’s USA partnership GAAP net loss of $19.8 million improved $421.3 million Adjusted EBITDA of $28.8 million increased 43.2% Year-to-date cash provided by operating activities of $10.0 million increased $63.3 million, and free cash flow of $(6.1) million improved $101.3 million, when compared to the first half of 2025 “The second quarter highlighted continued significant progress on our turnaround to strengthen the balance sheet, reduce leverage, and drive sustainable, profitable growth. Demand for our fresh, iconic doughnuts across the U.S. and international markets drove systemwide sales growth of 2.6% excluding the impact of the now-ended McDonald’s USA partnership,” said Krispy Kreme CEO Josh Charlesworth.

“Our results demonstrate the success of the actions we are taking to grow the business and improve profitability, including a significant expansion in Adjusted EBITDA margin of 340 basis points compared to last year. We remain confident in achieving our 2026 financial targets and are maintaining our previously issued guidance.”

Turnaround Plan

The Company’s comprehensive turnaround plan, announced in August 2025, is designed to deleverage the balance sheet and deliver sustainable, profitable growth. The four components of the plan, along with progress on each, are as follows:

Refranchising: Improve financial flexibility through refranchising international markets and the joint venture in the western U.S. Completed refranchising of Japan and the joint venture in the western U.S. in March 2026. Improving Return on Invested Capital: Reduce capital intensity by using existing assets and focusing on franchise development. Capital expenditures decreased 70% in the first half of 2026 compared to the year-ago period. Year-to-date, 59 doughnut shops have been opened around the world, nearly all of which are franchised. Entered into agreements for three new international franchise markets year-to-date, including the Netherlands, Estonia, and Mauritius. Expanding Margins: Expand margins through greater operational efficiency, including outsourcing U.S. logistics. Consolidated Adjusted EBITDA margin in the second quarter increased from 5.3% to 8.7% year-over-year, driven by a 370 basis point increase in the U.S. segment. Completed outsourcing of U.S. logistics in April 2026. Driving Sustainable, Profitable Growth: Pursue U.S. growth based upon sustainable and profitable revenue streams. Fresh delivery is inclusive of both Company- and franchise-operated doors. Increased fresh delivery doors by 448 in the U.S. with strategic partners during the first half of 2026. Average revenue per door per week (“APD”) in the second quarter for the U.S. increased 33.2% to approximately $697 year-over-year. Financial Highlights

Quarter Ended

$ in millions, except per share data

June 28, 2026

June 29, 2025

Change

GAAP:

Net revenue

$

331.0

$

379.8

(12.8

)%

Net loss

$

(19.8

)

$

(441.1

)

nm

Net loss attributable to KKI

$

(20.3

)

$

(435.3

)

nm

Diluted loss per share

$

(0.12

)

$

(2.55

)

$

2.43

Non-GAAP (1)

Organic revenue growth

(0.3

)%

(0.9

)%

60 bps

Adjusted net loss, diluted

$

(5.4

)

$

(25.3

)

nm

Adjusted EBITDA

$

28.8

$

20.1

43.2

%

Adjusted EBITDA margin

8.7

%

5.3

%

340 bps

Adjusted EPS

$

(0.03

)

$

(0.15

)

$

0.12

nm - not meaningful

(1) Non-GAAP figures. See “Key Performance Indicators and Non-GAAP Measures” and “Reconciliation of Non-GAAP Financial Measures.”

Key Operating Metrics

Quarter Ended

$ in millions

June 28, 2026

June 29, 2025

Change

Global points of access

15,665

18,113

(13.5

)%

Sales per hub (U.S.) trailing four quarters(1)

$

5.1

$

4.9

4.1

%

Sales per hub (International) trailing four quarters(2)

$

9.5

$

9.8

(3.1

)%

Digital sales as a percent of retail sales

19.8

%

17.9

%

190 bps

(1) Includes operations of the joint venture in the western U.S. through the date of deconsolidation of March 23, 2026.

(2) Includes operations of Japan through the date of disposition of March 2, 2026.

Second Quarter 2026 Consolidated Results (vs Q2 2025)

Krispy Kreme’s results reflect continued progress in improving U.S. profitability and wider adoption of the capital-light international franchise model.

Net revenue was $331.0 million in the second quarter of 2026, a decline of 12.8% or $48.8 million. Organic revenue decreased by 0.3%, primarily driven by a decline in global points of access and in the International segment, partially offset by growth in the Market Development segment. Global points of access declined 2,448, or 13.5%, reflecting the strategic closure of underperforming doors, including approximately 2,400 doors attributable to the now-ended McDonald’s USA partnership, that was completed in the third quarter of 2025. Systemwide sales were $497.3 million in U.S. dollars during the second quarter of 2026. Systemwide sales increased 1.1% in constant currency and, excluding the impact of sales from the McDonald’s USA doors in the prior year second quarter, systemwide sales increased 2.6%.

GAAP net loss improved to $19.8 million, compared to the prior year second quarter net loss of $441.1 million. Diluted loss per share improved to $0.12, compared to a diluted loss per share of $2.55. Adjusted net loss was $5.4 million, an improvement from an Adjusted net loss of $25.3 million in the prior year second quarter, and Adjusted EPS was a loss of $(0.03), compared with an Adjusted EPS loss of $(0.15) in the prior year second quarter.

Adjusted EBITDA increased 43.2% to $28.8 million compared to the prior year second quarter. Adjusted EBITDA margin increased to 8.7% from 5.3%, due primarily to productivity initiatives, SG&A savings, and the removal of costs relating to McDonald’s USA.

Diluted weighted average common shares outstanding were 172.6 million, compared to 170.8 million for the prior year second quarter. The reported diluted weighted-average share count reflects basic shares outstanding, as the Company incurred a net loss; approximately 2.0 million and 2.6 million anti-dilutive securities were excluded from the diluted share calculation in the second quarter of 2026 and 2025, respectively.

Second Quarter 2026 Segment Results (vs Q2 2025)

U.S.: In the U.S. segment, net revenue declined by 25.0% to $172.7 million, driven by refranchising efforts associated with our turnaround plan and strategic door closures. Organic revenue increased by 0.1% year-over-year, or 4.4% excluding the impact of McDonald’s USA, reflecting strength of our retail and digital channels and improved APD in fresh delivery.

U.S. Adjusted EBITDA increased by 38.5% to $13.8 million and Adjusted EBITDA margin increased approximately 370 basis points to 8.0%. These results demonstrated meaningful improvement as a result of the turnaround plan initiatives.

International: In the International segment, net revenue decreased by 11.6% to $117.3 million compared to the prior year second quarter, due primarily to refranchising Japan. Organic revenue decreased by 5.1%, primarily due to declines in the U.K. and Australia, partially offset by growth in Canada.

International segment Adjusted EBITDA decreased by 22.2% to $14.2 million driven by the refranchising of Japan. Adjusted EBITDA margin decreased by 160 basis points to 12.1% due to lower Adjusted EBITDA in the U.K. and Australia and the Japan refranchising.

Market Development: In the Market Development segment, net revenue increased by 142.3% to $41.0 million, driven primarily by the impact of refranchising. Organic revenue increased by 14.4%, due primarily to growth in royalty revenues in the Middle East, Japan, and Brazil.

Market Development Adjusted EBITDA increased by 116.7% to $19.4 million. Adjusted EBITDA margin decreased 560 basis points to 47.3%, driven by changes in the regional mix of increased lower-margin U.S. franchised sales, associated with refranchising the western U.S. joint venture with WKS Restaurant Group and the Japan refranchising.

Balance Sheet and Capital Expenditures

During the first half of 2026, the Company spent $16.1 million, or 4.9% of net revenue, on capital expenditures, as the Company continues to primarily invest in repairs and maintenance of existing infrastructure, while leveraging excess capacity for growth where available. Year to date, the Company’s capital expenditures are down 70.2% versus $54.1 million in the first half of 2025.

As of the end of the second quarter of 2026, the Company’s net leverage ratio was 5.4x, reflecting a 1.3x reduction compared to the fourth quarter of 2025. The Company had total available liquidity of $263.9 million as of June 27, 2026, which includes $21.8 million of cash and cash equivalents as well as undrawn capacity of $242.1 million under its credit facilities. The Company remains in compliance with all financial covenants as of June 28, 2026.

Refranchising

Krispy Kreme continues to pursue its goal of two to three international refranchising deals in 2026 and has already completed the refranchising of Japan. In addition, the Company completed the refranchising of the western U.S. joint venture with WKS Restaurant Group. Through evaluation of additional refranchising opportunities, Krispy Kreme remains focused on identifying the right partners both in international markets and the U.S. to maximize value and position the Company for long-term growth.

For fiscal 2025, approximately 25% of the Company’s systemwide sales came from franchise-operated locations. Currently, approximately 42% of systemwide sales are generated through franchised locations. Through additional refranchising efforts, the Company’s goal remains to reach approximately 50% of systemwide sales generated by franchisees beginning fiscal 2027.

2026 Financial Outlook

The Company is maintaining its previously provided annual financial guidance, which includes the impact of the refranchising transactions described above but does not include additional transactions in 2026:

Net revenue of $1.25 billion to $1.35 billion Systemwide sales up 2% to 4% year-over-year in constant currency Open at least 100 shops, nearly all of which are expected to be franchised Adjusted EBITDA(1) of $140 million to $150 million Capital expenditures of $50 million to $60 million Free cash flow(1) of more than $15 million Net leverage ratio(1) below 5.5x (1) Non-GAAP figures. The Company does not reconcile forward-looking non-GAAP measures. See “Key Performance Indicators and Non-GAAP Measures.”

Definitions

The following definitions apply to terms used throughout this press release:

Systemwide Sales: Reflects global sales in U.S. dollars on a nominal basis of all Krispy Kreme products, whether by the Company or franchisees, excluding mix, equipment, and royalty revenue. Sales from franchisees are reported to the Company by such franchisees and are not included in Company revenues. Growth in systemwide sales represents the change in one period from the same period in the prior year on a constant currency basis. The Company believes systemwide sales information is important because it is indicative of the health of the Company’s brand and aids in understanding the Company’s financial performance. Global Points of Access: Reflects all locations at which fresh doughnuts can be purchased. We define global points of access to include all Hot Light Theater Shops, Fresh Shops, Carts and Food Trucks, and fresh delivery doors (which includes Krispy Kreme branded cabinets and merchandising units within high traffic grocery and convenience stores, quick service or fast casual restaurants, club memberships, and drug stores), and other points at which fresh doughnuts can be purchased at both Company-owned and franchise locations as of the end of the applicable reporting period. We monitor global points of access as a metric that informs the growth of our omni-channel presence over time and believe this metric is useful to investors to understand our footprint in each of our segments and by asset type. Hubs: Reflects locations where fresh doughnuts are produced and processed for sale at any global point of access. We define hubs to include self-sustaining Hot Light Theater Shops and Doughnut Factories, at both Company-owned and franchise locations as of the end of the applicable reporting period. Hubs with Spokes: Reflects hubs currently producing fresh doughnuts for other Fresh Shops, Carts and Food Trucks, or fresh delivery doors, and excludes hubs not currently producing fresh doughnuts for other shops, Carts and Food Trucks, or fresh delivery doors. Sales Per Hub: Sales per hub equals fresh revenues from hubs with spokes, divided by the average number of hubs with spokes at the end of each of the five most recent quarters. Fresh Revenues from Hubs with Spokes: Fresh revenues is a measure focused on the Krispy Kreme doughnut business and includes product sales generated from our Hot Light Theater Shops, Fresh Shops, Carts and Food Trucks, fresh delivery doors, and digital channels and excludes sales from Cookie Bakeries and Branded Sweet Treats (through the date of the Insomnia Cookies Holdings, LLC (“Insomnia Cookies”) deconsolidation and Branded Sweet Treats exit, respectively). Fresh revenues from hubs with spokes equals the fresh revenues derived from hubs with spokes. Free Cash Flow: Defined as cash provided by operating activities less purchases of property and equipment. Conference Call

Krispy Kreme will host a public conference call and webcast at 8:00 AM Eastern Time today to discuss its results for the second quarter 2026. A slide presentation will be available prior to the start time on the investor relations section of the Company’s website at investors.krispykreme.com.

To listen to the live webcast and Q&A, visit the Krispy Kreme investor relations website at investors.krispykreme.com. A replay of the webcast will be available on the website within 24 hours after the call. This earnings release and related materials will also be available on the investor relations section of the Company’s website.

About Krispy Kreme

Headquartered in Charlotte, N.C., Krispy Kreme is one of the most beloved and well-known sweet treat brands in the world. Our iconic Original Glazed® doughnut is universally recognized for its hot-off-the-line, melt-in-your-mouth experience. Krispy Kreme operates in more than 40 countries through its unique network of fresh doughnut shops, partnerships with leading retailers, and a rapidly growing digital business. Our purpose of touching and enhancing lives through the joy that is Krispy Kreme guides how we operate every day and is reflected in the love we have for our people, our communities and the planet. Connect with Krispy Kreme Doughnuts at www.KrispyKreme.com, or on one of its many social media channels, including www.Facebook.com/KrispyKreme and www.X.com/KrispyKreme.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by use of forward-looking terminology, including terms such as “plan,” “believe,” “may,” “continue,” “guidance,” “outlook,” “could,” “will,” “should,” “would,” “anticipate,” “estimate,” “expect,” “intend,” “objective,” “seek,” “pursue,” “strive,” “look forward,” or the negative of these words, comparable terminology, or other references to future periods; however, statements may be forward-looking whether or not these terms or their negatives are used. Forward-looking statements are not a representation by us that the future plans, estimates, or expectations contemplated by us will be achieved. Our actual results could differ materially from the forward-looking statements included in this press release. We consider the assumptions and estimates on which forward-looking statements are based to be reasonable, but they are subject to various risks and uncertainties relating to our operations, financial results, financial conditions, business, prospects, future plans and strategies, projections, liquidity, the economy, and other future conditions. Therefore, you should not place undue reliance on any of these forward-looking statements. Important factors could cause our actual results to differ materially from those contained in forward-looking statements including, without limitation: food safety issues, including risks of food-borne illnesses, tampering, contamination, and cross-contamination; impacts from any material failure, inadequacy, or interruption of our information technology systems, including breaches or failures of such systems or other cybersecurity or data security-related incidents; our ability to execute our business strategy, including our turnaround plan and growth through international development with strategic partners and profitable expansion of our fresh delivery and digital channels; our ability to realize the anticipated benefits from past or potential future strategic transactions (including refranchising); failure by our franchisees, subfranchisees, or third-party service providers to operate effectively and in compliance with our standards and applicable law; any harm to our reputation or brand image; negative impacts on our business due to changes in consumer spending habits, consumer preferences, or demographic trends; our ability to open new and maintain existing shops and points of access both domestically and internationally; disruptions to our and our franchisees’ supply chain, including the loss of or failure to perform by single-source or limited suppliers, vendors, distributors, or manufacturers; our significant indebtedness and our ability to meet the financial and other covenants under our credit facilities; changes in the cost of raw materials and fuel or other commodities, including due to import and export requirements (including tariffs), inflation, fluctuations in foreign exchange rates, or heightened geopolitical tensions (including the recent Iran conflict); our ability to recruit and retain key personnel; failure to develop or maintain effective internal control over financial reporting or disclosure controls and procedures; adverse regulatory actions or publicity concerning food or occupational safety, food quality, health, and other issues or regulatory investigations, enforcement actions, or material litigation; and other risks and uncertainties described under the heading “Risk Factors” and elsewhere in our Annual Report on Form 10-K filed by the Company with the Securities and Exchange Commission (the “SEC”) and in other filings the Company makes from time to time with the SEC. These forward-looking statements are made only as of the date of this document, and we undertake no obligation to publicly update or revise any forward-looking statement whether as a result of new information, future events, or otherwise, except as may be required by law.

Key Performance Indicators and Non-GAAP Measures

This press release includes certain financial information that is not presented in conformity with accounting principles generally accepted in the U.S. (“GAAP”). These non-GAAP and operating measures include organic revenue growth/(decline), Adjusted EBITDA, Adjusted EBITDA margin, Adjusted net loss, diluted, Adjusted EPS, free cash flow, net debt, fresh revenue from hubs with spokes, sales per hub and systemwide sales. We believe these non-GAAP and operating measures are useful in evaluating our operating performance. Management believes these measures are important indicators of operations because they exclude items that may not be indicative of our core operating results and provide a better baseline for analyzing trends in our underlying business, and they are consistent with how business performance is planned, reported and assessed internally by management and the Company’s Board of Directors. We monitor the key business metrics and non-GAAP metrics set forth herein to help us evaluate our business and growth trends, establish budgets, measure the effectiveness of our sales and marketing efforts, and assess operational efficiencies. These non-GAAP and operating measures are not standardized, and it may not be possible to compare these financial measures with other companies’ non-GAAP financial measures having the same or similar names, limiting their usefulness as comparative measures. Other companies may calculate similarly titled financial measures differently than we do or may not calculate them at all. Additionally, the non-GAAP financial measures are not measurements of financial performance under GAAP or a substitute for results reported under GAAP. In order to facilitate a clear understanding of our consolidated historical operating results, we urge you to review our non-GAAP financial measures in conjunction with the Company’s financial statements and not to rely on any single financial measure.

The Company does not provide reconciliations of forward-looking non-GAAP financial measures to the most directly comparable GAAP financial measure because it is unable to predict with reasonable certainty or without unreasonable effort non-recurring items, such as those reflected in our reconciliation of historic numbers. The variability of these items is unpredictable and may have a significant impact on the forward-looking non-GAAP financial measures presented.

See “Reconciliation of Non-GAAP Financial Measures” below for a reconciliation of the non-GAAP financial measures to the most directly comparable GAAP financial measure.

Krispy Kreme, Inc.

Condensed Consolidated Statements of Operations (Unaudited)

(in thousands, except per share amounts)

      Quarter Ended

Two Quarters Ended

  June 28, 2026
(13 weeks)

June 29, 2025
(13 weeks)

June 28, 2026
(26 weeks)

June 29, 2025
(26 weeks)

Net revenues

  Product sales

  $

315,674

$

371,377

$

673,112

$

737,856

Royalties and other revenues

  15,321

8,390

24,917

17,095

Total net revenues

  330,995

379,767

698,029

754,951

Product and distribution costs

  86,037

92,627

174,367

183,363

Operating expenses

  158,869

210,712

346,975

409,555

Selling, general and administrative expense

  53,695

62,920

111,728

122,325

Marketing expenses

  11,086

12,185

21,205

22,424

Pre-opening costs

  —

1,471

194

2,400

Goodwill and other asset impairments

  4,238

406,932

6,126

407,094

Gain on refranchising, net

  —

—

(8,885

)

—

Other income (expense), net

  1,039

(8,311

)

1,798

(7,073

)

Depreciation and amortization expense

  27,007

35,782

59,122

69,683

Operating loss

  (10,976

)

(434,551

)

(14,601

)

(454,820

)

Interest expense, net

  13,375

16,696

28,999

32,892

Loss on divestiture of Insomnia Cookies

  —

11,501

—

11,501

Other non-operating income, net

  (261

)

(1,177

)

(420

)

(1,570

)

Loss before income taxes

  (24,090

)

(461,571

)

(43,180

)

(497,643

)

Income tax expense/(benefit)

  (4,259

)

(20,453

)

(676

)

(23,120

)

Net loss

  (19,831

)

(441,118

)

(42,504

)

(474,523

)

Net income/(loss) attributable to noncontrolling interest

  480

(5,858

)

591

(5,979

)

Net loss attributable to Krispy Kreme, Inc.

  $

(20,311

)

$

(435,260

)

$

(43,095

)

$

(468,544

)

Net loss per share:

  Common stock — Basic

  $

(0.12

)

$

(2.55

)

$

(0.28

)

$

(2.77

)

Common stock — Diluted

  $

(0.12

)

$

(2.55

)

$

(0.28

)

$

(2.77

)

Weighted average shares outstanding:

  Basic

  172,578

170,802

172,299

170,546

Diluted

  172,578

170,802

172,299

170,546

Krispy Kreme, Inc.

Condensed Consolidated Balance Sheets

(in thousands, except per share amounts)

      As of

  (Unaudited)
June 28,
2026

December 28,
2025

ASSETS

  Current assets:

  Cash and cash equivalents

  $

21,825

$

42,390

Restricted cash

  317

501

Accounts receivable, net

  77,411

61,611

Inventories

  28,666

26,877

Taxes receivable

  14,161

10,854

Current assets held for sale

  2,273

13,294

Prepaid expense and other current assets

  20,766

18,927

Total current assets

  165,419

174,454

Property and equipment, net

  375,652

460,935

Goodwill, net

  669,745

712,264

Other intangible assets, net

  727,725

797,749

Operating lease right of use assets, net

  350,029

395,523

Investments in unconsolidated entities

  21,947

7,413

Noncurrent assets held for sale

  —

31,056

Other assets

  52,806

13,565

Total assets

  $

2,363,323

$

2,592,959

LIABILITIES, MEZZANINE EQUITY, AND SHAREHOLDERS’ EQUITY

  Current liabilities:

  Current portion of long-term debt

  $

71,036

$

65,977

Current operating lease liabilities

  46,951

51,213

Accounts payable

  148,502

134,384

Accrued liabilities

  91,634

99,805

Current liabilities held for sale

  —

13,535

Structured payables

  106,998

92,366

Total current liabilities

  465,121

457,280

Long-term debt, less current portion

  794,214

911,852

Noncurrent operating lease liabilities

  351,011

395,895

Deferred income taxes, net

  93,802

96,236

Noncurrent liabilities held for sale

  —

11,816

Other long-term obligations and deferred credits

  39,396

42,919

Total liabilities

  1,743,544

1,915,998

Commitments and contingencies

  Mezzanine equity:

  Redeemable noncontrolling interest

  —

24,181

Total mezzanine equity

  —

24,181

Shareholders’ equity:

  Common stock, $0.01 par value; 300,000 shares authorized as of both June 28, 2026 and December 28, 2025; 172,744 and 171,555 shares issued and outstanding as of June 28, 2026 and December 28, 2025, respectively

  1,725

1,716

Additional paid-in capital

  1,474,652

1,473,644

Shareholder note receivable

  (1,139

)

(1,791

)

Accumulated other comprehensive income/(loss), net of income tax

  7,299

(2,059

)

Retained deficit

  (864,482

)

(821,387

)

Total shareholders’ equity attributable to Krispy Kreme, Inc.

  618,055

650,123

Noncontrolling interest

  1,724

2,657

Total shareholders’ equity

  619,779

652,780

Total liabilities, mezzanine equity, and shareholders’ equity

  $

2,363,323

$

2,592,959

Krispy Kreme, Inc.

Condensed Consolidated Statements of Cash Flows (Unaudited)

(in thousands)

      Quarter Ended

Two Quarters Ended

  June 28, 2026
(13 weeks)

June 29, 2025
(13 weeks)

June 28, 2026
(26 weeks)

June 29, 2025
(26 weeks)

CASH FLOWS PROVIDED BY/(USED FOR) OPERATING ACTIVITIES:

  Net loss

  $

(19,831

)

$

(441,118

)

$

(42,504

)

$

(474,523

)

Adjustments to reconcile net loss to net cash provided by/(used for) operating activities:

  Depreciation and amortization expense

  27,008

35,782

59,123

69,683

Deferred and other income taxes

  (4,248

)

(20,117

)

(4,957

)

(30,785

)

Goodwill impairment

  —

355,958

—

355,958

Other asset impairments and lease termination charges

  4,236

50,974

6,125

51,136

Loss on disposal of property and equipment

  942

214

1,400

403

(Gain)/loss on divestiture of Insomnia Cookies

  —

11,501

—

11,501

Gain on refranchising, net

  —

—

(8,885

)

—

Gain on acquisition of equity method investment

  (416

)

—

(416

)

—

Gain on sale-leaseback

  —

(6,749

)

—

(6,749

)

Share-based compensation

  3,287

4,634

7,926

7,237

Change in accounts and notes receivable allowances

  2,915

784

3,349

986

Inventory write-off

  10

647

(4

)

1,495

Other

  (661

)

999

(128

)

2,224

Change in operating assets and liabilities, excluding business acquisitions and divestitures, and foreign currency translation adjustments:

  Accounts Receivable

  (27,643

)

11,782

(27,741

)

10,503

Inventories

  (2,316

)

(2,330

)

(7,034

)

(6,446

)

Accounts Payable

  13,933

(27,051

)

41

(38,393

)

Other current and non-current assets

  (2,020

)

(1,621

)

36,533

9,083

Operating lease assets and liabilities

  (1,229

)

(6,163

)

(6,254

)

(3,269

)

Accrued liabilities

  (664

)

(530

)

4,067

(12,626

)

Other long-term obligations and deferred credits

  (3,508

)

(139

)

(10,680

)

(795

)

Net cash provided by/(used for) operating activities

  (10,205

)

(32,543

)

9,961

(53,377

)

CASH FLOWS PROVIDED BY/(USED FOR) INVESTING ACTIVITIES:

  Purchase of property and equipment

  (7,313

)

(28,209

)

(16,097

)

(54,106

)

Proceeds from disposals of assets

  228

13

252

—

Proceeds from sale-leaseback

  —

10,882

—

10,882

Net proceeds from refranchising transactions

  —

—

111,411

—

Purchase/proceeds of equity method investment

  129

(2,140

)

129

(2,140

)

Purchase of minority interests

  —

75,000

—

75,000

Net proceeds from divestiture of Insomnia Cookies

  —

—

(2,600

)

—

Principal payments received from loans to franchisees

  —

1,202

—

1,202

Purchase of redeemable noncontrolling interest

  (25,106

)

—

(25,106

)

—

Other investing activities

  —

—

—

99

Net cash provided by/(used for) investing activities

  (32,062

)

56,748

67,989

30,937

CASH FLOWS (USED FOR)/PROVIDED BY FINANCING ACTIVITIES:

  Proceeds from the issuance of debt

  48,000

334,400

120,750

516,900

Repayment of long-term debt and lease obligations

  (74,494

)

(370,272

)

(234,173

)

(485,894

)

Payment of financing costs

  —

(825

)

—

(825

)

Proceeds from structured payables

  61,236

79,144

118,634

198,052

Payments on structured payables

  (45,417

)

(56,360

)

(104,067

)

(199,228

)

Capital contribution by shareholders, net of loans issued

  132

—

262

—

Distribution to shareholders

  —

(5,973

)

—

(11,934

)

Payments for repurchase and retirement of common stock

  (125

)

(664

)

(527

)

(787

)

Distribution to noncontrolling interest

  (131

)

—

219

(36

)

Net cash (used for)/provided by financing activities

  (10,799

)

(20,550

)

(98,902

)

16,248

Effect of exchange rate changes on cash, cash equivalents and restricted cash

  500

(999

)

203

(1,300

)

Net decrease in cash, cash equivalents and restricted cash

  (52,566

)

2,656

(20,749

)

(7,492

)

Cash, cash equivalents and restricted cash at beginning of period

  74,708

19,167

42,891

29,315

Cash, cash equivalents and restricted cash at end of period

  $

22,142

$

21,823

$

22,142

$

21,823

  Net cash provided by/(used for) operating activities

  $

(10,205

)

$

(32,543

)

$

9,961

$

(53,377

)

Less: Purchase of property and equipment

  (7,313

)

(28,209

)

(16,097

)

(54,106

)

Free cash flow

  $

(17,518

)

$

(60,752

)

$

(6,136

)

$

(107,483

)

Krispy Kreme, Inc.
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(in thousands, except per share amounts)

We define “Adjusted EBITDA” as earnings before interest expense, net, income tax expense, and depreciation and amortization, with further adjustments for share-based compensation, certain strategic initiatives, acquisition and integration expenses, and certain other non-recurring, infrequent, or non-core income and expense items. Adjusted EBITDA, both on a consolidated and at the segment level, is a principal metric that management uses to monitor and evaluate operating performance and provides a consistent benchmark for comparison across reporting periods. “Adjusted EBITDA margin” reflects Adjusted EBITDA as a percentage of net revenues.

We define “Adjusted net loss, diluted” as net loss attributable to common shareholders, Adjusted for interest expense, share-based compensation, certain strategic initiatives, acquisition and integration expenses, amortization of acquisition-related intangibles, the tax impact of adjustments, and certain other non-recurring, infrequent, or non-core income and expense items. “Adjusted EPS” is Adjusted net loss, diluted converted to a per share amount.

Adjusted EBITDA, Adjusted EBITDA margin, Adjusted net loss, diluted, and Adjusted EPS have certain limitations, including adjustments for income and expense items that are required by GAAP. In evaluating these non-GAAP measures, you should be aware that in the future we will incur expenses that are the same as or similar to some of the adjustments in this presentation, such as share-based compensation. Our presentation of these non-GAAP measures should not be construed to imply that our future results will be unaffected by any such adjustments. Management compensates for these limitations by relying on our GAAP results in addition to using these non-GAAP measures supplementally.

  Quarter Ended

Two Quarters Ended

(in thousands)

  June 28, 2026

June 29, 2025

June 28, 2026

June 29, 2025

Net loss

  $

(19,831

)

$

(441,118

)

$

(42,504

)

$

(474,523

)

Interest expense, net

  13,375

16,696

28,999

32,892

Income tax expense/(benefit)

  (4,259

)

(20,453

)

(676

)

(23,120

)

Share-based compensation

  3,287

4,634

7,926

7,237

Employer payroll taxes related to share-based compensation

  55

91

72

257

Loss on divestiture of Insomnia Cookies

  —

11,501

—

11,501

Goodwill impairment

  —

355,958

—

355,958

Other non-operating income, net(1)

  (261

)

(1,177

)

(420

)

(1,570

)

Strategic initiatives(2)

  3,119

22,867

10,319

25,220

Acquisition and integration expenses(3)

  2,002

(182

)

2,002

(111

)

New market penetration expenses(4)

  —

245

—

320

Shop closure expenses, net(5)

  2,657

35,723

2,689

35,995

Restructuring and severance expenses(6)

  33

4,839

427

4,947

Gain on sale-leaseback

  —

(6,749

)

—

(6,749

)

Gain on refranchising(7)

  —

—

(8,885

)

—

Other(8)

  1,622

1,454

2,831

6,154

Amortization of acquisition related intangibles(9)

  6,156

7,830

13,964

15,491

Consolidated Adjusted EBIT

  $

7,955

$

(7,841

)

$

16,744

$

(10,101

)

Depreciation expense and amortization of right of use assets

  20,851

27,952

45,158

54,192

Consolidated Adjusted EBITDA

  $

28,806

$

20,111

$

61,902

$

44,091

  Quarter Ended

Two Quarters Ended

(in thousands)

  June 28, 2026

June 29, 2025

June 28, 2026

June 29, 2025

Segment Adjusted EBITDA:

  U.S.

  $

13,752

$

9,930

$

39,301

$

25,841

International

  14,182

18,221

28,654

33,118

Market Development

  19,386

8,948

31,020

19,995

Corporate

  (18,513

)

(16,988

)

(37,073

)

(34,863

)

Consolidated Adjusted EBITDA

  $

28,807

$

20,111

$

61,902

$

44,091

  Quarter Ended

Two Quarters Ended

(in thousands, except per share amounts)

  June 28, 2026

June 29, 2025

June 28, 2026

June 29, 2025

Net loss

  $

(19,831

)

$

(441,118

)

$

(42,504

)

$

(474,523

)

Share-based compensation

  3,287

4,634

7,926

7,237

Employer payroll taxes related to share-based compensation

  55

91

72

257

(Gain)/loss on divestiture of Insomnia Cookies

  —

11,501

—

11,501

Goodwill impairment

  —

355,958

—

355,958

Other non-operating income, net (1)

  (261

)

(1,177

)

(420

)

(1,570

)

Strategic initiatives (2)

  3,119

22,867

10,319

25,220

Acquisition and integration expenses (3)

  2,002

(182

)

2,002

(111

)

New market penetration expenses (4)

  —

245

—

320

Shop closure expenses, net (5)

  2,657

35,723

2,689

35,995

Restructuring and severance expenses (6)

  33

4,839

427

4,947

Gain on sale-leaseback

  —

(6,749

)

—

(6,749

)

Gain on refranchising (7)

  —

—

(8,885

)

—

Other (8)

  1,622

1,454

2,831

6,154

Amortization of acquisition related intangibles (9)

  6,156

7,830

13,964

15,491

Tax impact of adjustments (10)

  (3,588

)

(27,081

)

(164

)

(20,251

)

Tax specific adjustments (11)

  (127

)

—

(802

)

—

Net (income)/loss attributable to noncontrolling interest

  (480

)

5,858

(591

)

5,979

Adjusted net loss attributable to common shareholders - Basic

  $

(5,356

)

$

(25,307

)

$

(13,136

)

$

(34,145

)

Additional income attributed to noncontrolling interest due to subsidiary potential common shares

  —

—

—

—

Adjusted net loss attributable to common shareholders - Diluted

  $

(5,356

)

$

(25,307

)

$

(13,136

)

$

(34,145

)

Basic weighted average common shares outstanding

  172,578

170,802

172,299

170,546

Dilutive effect of outstanding common stock options, RSUs, and PSUs

  —

—

—

—

Diluted weighted average common shares outstanding

  172,578

170,802

172,299

170,546

Adjusted net loss per share attributable to common shareholders:

  Basic

  $

(0.03

)

$

(0.15

)

$

(0.08

)

$

(0.20

)

Diluted

  $

(0.03

)

$

(0.15

)

$

(0.08

)

$

(0.20

)

(1)

  Primarily foreign translation gains and losses in each period. The quarter and two quarters ended June 29, 2025 also consists of equity method income from Insomnia Cookies following the divestiture of a controlling interest in Insomnia Cookies during fiscal 2024 until the sale of our remaining interest in the second quarter of fiscal 2025.

(2)

  The quarter and two quarters ended June 28, 2026 consists primarily of $2.1 million and $6.3 million, respectively, of costs associated with the evaluation and execution of refranchising certain equity markets as well as $1.3 million and $4.2 million, respectively, in costs associated with the transition to third party logistics in the U.S.; of that amount $1.7 million and $3.3 million, respectively, is related to non-cash impairments. The quarter and two quarters ended June 29, 2025 consists primarily of $20.9 million and $23.3 million, respectively, of costs associated with preparing for and executing the U.S. national expansion (including McDonald’s).

(3)

  Consists of acquisition and integration-related costs in connection with the Company’s business and franchise acquisitions, including legal, due diligence, and advisory fees incurred in connection with acquisition and integration-related activities for the applicable period.

(4)

  Consists of start-up costs associated with entry into new countries in which the Company’s brands had not previously operated, including Brazil and Spain.

(5)

  Includes lease termination costs, impairment charges, and loss on disposal of property, plant and equipment.

(6)

  The quarter and two quarters ended June 28, 2026 consist primarily of costs associated with restructuring the Australia and New Zealand business. The quarter and two quarters ended June 29, 2025 consist primarily of costs associated with restructuring of the U.S. and U.K. businesses.

(7)

  Includes gains and losses on the deconsolidation of assets and liabilities associated with the refranchising of Krispy Kreme shops.

(8)

  The quarter and two quarters ended June 28, 2026 consists primarily of $0.8 million and $1.6 million, respectively, of legal fees primarily related to shareholder derivative litigation. The quarter and two quarters ended June 29, 2025 consists primarily of $0.9 million and $5.3 million, respectively, in costs related to remediation of the 2024 Cybersecurity Incident, including fees for cybersecurity experts and other advisors.

(9)

  Consists of amortization related to acquired intangible assets as reflected within depreciation and amortization in the Condensed Consolidated Statements of Operations.

(10)

  Tax impact of adjustments calculated applying the applicable statutory rates. The quarter and two quarters ended June 28, 2026 and June 29, 2025 also include the impact of disallowed executive compensation expense.

(11)

  Consists of the recognition of previously unrecognized tax benefits unrelated to ongoing operations of $0.1 million and $0.8 million for the quarter and two quarters ended June 28, 2026.

Krispy Kreme, Inc.

Segment Reporting (Unaudited)

(in thousands, except percentages or otherwise stated)

    Quarter Ended

Two Quarters Ended

  June 28, 2026

June 29, 2025

June 28, 2026

June 29, 2025

Net revenues:

  U.S.

  $

172,680

$

230,099

$

394,230

$

466,643

International

  117,342

132,755

242,600

252,390

Market Development

  40,973

16,913

61,199

35,918

Total net revenues

  $

330,995

$

379,767

$

698,029

$

754,951

Organic revenue growth/(decline) measures our revenue growth trends excluding the impact of acquisitions, divestitures, and foreign currency, and we believe it is useful for investors to understand the expansion of our global footprint through internal efforts. We define “organic revenue growth/(decline)” as the growth/(decline) in revenues, excluding (i) the impact of revenues of acquired shops owned by us for less than 12 months following their acquisition, (ii) the impact of foreign currency exchange rate changes, (iii) the impact of shop closures related to restructuring programs, (iv) the impact of the divestiture of shops through refranchising, and (v) the impact of revenues generated during the 53rd week for those fiscal years that have a 53rd week based on our fiscal calendar.

Q2 2026 Organic Revenue

(in thousands, except percentages)

  U.S.

International

Market Development

Total Company

Total net revenues in second quarter of fiscal 2026

  $

172,680

$

117,342

$

40,973

$

330,995

Total net revenues in second quarter of fiscal 2025

  230,099

132,755

16,913

379,767

Total net revenues (decline)/growth

  (57,419

)

(15,413

)

24,060

(48,772

)

Total net revenues (decline)/growth %

  -25.0

%

-11.6

%

142.3

%

-12.8

%

Less: Impact of refranchising

  (57,526

)

(16,342

)

17,990

(55,878

)

Adjusted net revenues in second quarter of fiscal 2025

  172,573

116,413

34,903

323,889

Adjusted net revenue (decline)/growth

  107

929

6,070

7,106

Adjusted net revenue (decline)/growth %

  0.1

%

0.8

%

17.4

%

2.2

%

Impact of acquisitions

  —

—

(1,039

)

(1,039

)

Impact of foreign currency translation

  —

(6,893

)

(3

)

(6,896

)

Organic revenue (decline)/growth

  $

107

$

(5,964

)

$

5,028

$

(829

)

Organic revenue (decline)/growth %

  0.1

%

-5.1

%

14.4

%

-0.3

%

Fresh revenues from hubs with spokes and sales per hub are defined above.

  Trailing Four Quarters Ended

Fiscal Year Ended

(in thousands, unless otherwise stated)

  June 28,
2026

December 28,
2025

December 29,
2024

U.S.:

  Revenues

  $

841,204

$

913,050

$

1,058,736

Non-fresh revenues (1)

  (2,600

)

(2,454

)

(3,161

)

Fresh revenues from Insomnia Cookies and hubs without spokes (2)

  (139,782

)

(154,151

)

(307,665

)

Fresh revenues from hubs with spokes

  698,822

756,445

747,910

Sales per hub (millions) (3)

  5.1

4.7

4.9

  International:

  Fresh revenues from hubs with spokes (4)

  $

525,301

$

535,088

$

519,102

Sales per hub (millions) (5)

  9.5

9.7

9.9

(1)

  Includes licensing royalties from customers for use of the Krispy Kreme brand. (2)

  Includes Insomnia Cookies revenues (through the date of deconsolidation of July 14, 2024) and Fresh revenues generated by Hubs without Spokes. (3)

  Includes operations of the joint venture in the western U.S. through the date of deconsolidation of March 23, 2026. (4)

  Total International net revenues is equal to fresh revenues from hubs with spokes for that business segment. (5)

  International sales per hub comparative data has been restated in constant currency based on current exchange rates and includes operations of Japan through the date of disposition of March 2, 2026. Krispy Kreme, Inc. Global Points of Access (Unaudited)

      Global Points of Access

  Quarter Ended

Fiscal Year Ended

  June 28, 2026

June 29, 2025

December 28, 2025

U.S.: (1)

  Hot Light Theater Shops

  176

239

235

Fresh Shops

  46

68

68

Fresh Delivery Doors(2)

  6,186

9,869

7,160

Total

  6,408

10,176

7,463

International: (1)

  Hot Light Theater Shops

  47

50

52

Fresh Shops

  448

524

527

Carts, Food Trucks, and Other(3)

  17

17

18

Fresh Delivery Doors

  3,899

4,669

4,225

Total

  4,411

5,260

4,822

Market Development: (1)

  Hot Light Theater Shops

  180

110

113

Fresh Shops

  1,273

1,111

1,130

Carts, Food Trucks, and Other(3)

  32

30

29

Fresh Delivery Doors

  3,361

1,426

1,637

Total

  4,846

2,677

2,909

Total Global Points of Access (as defined)

  15,665

18,113

15,194

Total Hot Light Theater Shops

  403

399

400

Total Fresh Shops

  1,767

1,703

1,725

Total Shops

  2,170

2,102

2,125

Total Carts, Food Trucks, and Other

  49

47

47

Total Fresh Delivery Doors (2)

  13,446

15,964

13,022

Total Global Points of Access (as defined)

  15,665

18,113

15,194

Krispy Kreme, Inc.

Global Hubs (Unaudited)

      Hubs

  Quarter Ended

Fiscal Year Ended

  June 28, 2026

June 29, 2025

December 28, 2025

U.S.: (1)

  Hot Light Theater Shops (2)

  154

235

223

Doughnut Factories

  6

6

6

Total

  160

241

229

Hubs with Spokes

  100

161

159

Hubs without Spokes

  60

80

70

International: (1)

  Hot Light Theater Shops (2)

  41

41

43

Doughnut Factories

  11

14

14

Total

  52

55

57

Hubs with Spokes

  52

55

57

Market Development: (1)

  Hot Light Theater Shops (2)

  174

108

111

Doughnut Factories

  31

26

26

Total

  205

134

137

Total Hubs (3)

  417

430

423

Krispy Kreme, Inc.

Net Debt and Leverage (Unaudited)

(in thousands, except leverage ratio)

      As of

  (Unaudited)
June 28,
2026

December 28,
2025

Current portion of long-term debt

  $

71,036

$

65,977

Long-term debt, less current portion

  794,214

911,852

Total long-term debt, including debt issuance costs

  865,250

977,829

Add back: Debt issuance costs

  2,234

2,904

Total long-term debt, excluding debt issuance costs

  867,484

980,733

Less: Cash and cash equivalents

  (21,825

)

(42,390

)

Net debt

  $

845,659

$

938,343

Adjusted EBITDA - trailing four quarters

  158,044

140,253

Net leverage ratio

  5.4 x

6.7 x

Category: Financial News

Source: Krispy Kreme

Krispy Kreme, Inc. (NASDAQ: DNUT) (“Krispy Kreme” or the “Company”) today announced the appointment of Suk Nicholas as Chief Commercial Officer and Lori

CHARLOTTE, N.C.--(BUSINESS WIRE)--Krispy Kreme® is celebrating peak blueberry season with the new, limited-time Original Glazed® Blueberry Flavored Doughnut – a berry delicious twist on the iconic Original Glazed® that captures the sweetest moments of summer in every bite. Available for four days only – Thursday through Sunday (July 23-26) – this irresistible treat features Krispy Kreme's melt-in-your-mouth Original Glazed® doughnut made with blueberry-flavored dough, delivering a vibrant, frui.

Krispy Kreme is pushing its machinery to boost efficiency and reverse a period of missed sales targets and profit losses. The company is trying to boost efficiency with automation but found some tasks still require human hands.

-

CHARLOTTE, N.C.--(BUSINESS WIRE)--Krispy Kreme, Inc. (NASDAQ: DNUT) (“Krispy Kreme” or the “Company”), today announced that it will issue its second quarter 2026 earnings results on Thursday, August 6, 2026. The results and related slide presentation will be available on the Company’s website at investors.krispykreme.com beginning at 6:45 AM Eastern Time. Management will host a conference call and webcast to discuss the results at 8:00 AM Eastern Time on the same day.

To register for the conference call and webcast, please use this LINK. Following registration, a confirmation email will be sent with dial-in details and a unique access code.

To listen to the live audio webcast and Q&A, visit the Krispy Kreme investor relations website at investors.krispykreme.com. A replay of the webcast, along with the earnings press release and related materials, will be available on the website for 12 months after the call.

About Krispy Kreme
Headquartered in Charlotte, N.C., Krispy Kreme is one of the most beloved and well-known sweet treat brands in the world. Our iconic Original Glazed® doughnut is universally recognized for its hot-off-the-line, melt-in-your-mouth experience. Krispy Kreme operates in more than 40 countries through its unique network of fresh doughnut shops, partnerships with leading retailers, and a rapidly growing digital business. Our purpose of touching and enhancing lives through the joy that is Krispy Kreme guides how we operate every day and is reflected in the love we have for our people, our communities, and the planet. Connect with Krispy Kreme Doughnuts at KrispyKreme.com and follow us on social: X, Instagram and Facebook.

Category: Financial News

More News From Krispy Kreme

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Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.

Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase, investors find themselves invested in shares that have limited to no upside or even a downside. So, betting on a stock just by looking at the traditional momentum parameters could be risky at times.

It could be safer to invest in bargain stocks that have been witnessing price momentum recently. While the Zacks Momentum Style Score (part of the Zacks Style Scores system), which pays close attention to trends in a stock's price or earnings, is pretty useful in identifying great momentum stocks, our 'Fast-Paced Momentum at a Bargain' screen comes handy in spotting fast-moving stocks that are still attractively priced.

Krispy Kreme (DNUT - Free Report) is one of the several great candidates that made it through the screen. While there are numerous reasons why this stock is a great choice, here are the most vital ones:

Investors' growing interest in a stock is reflected in its recent price increase. A price change of 20.6% over the past four weeks positions the stock of this doughnut wholesaler and retailer well in this regard.

While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. DNUT meets this criterion too, as the stock gained 27.9% over the past 12 weeks.

Moreover, the momentum for DNUT is fast paced, as the stock currently has a beta of 1.27. This indicates that the stock moves 27% higher than the market in either direction.

Given this price performance, it is no surprise that DNUT has a Momentum Score of A, which indicates that this is the right time to enter the stock to take advantage of the momentum with the highest probability of success.

In addition to a favorable Momentum Score, an upward trend in earnings estimate revisions has helped DNUT earn a Zacks Rank #1 (Strong Buy). Our research shows that the momentum-effect is quite strong among Zacks Rank #1 and #2 stocks. That's because as covering analysts raise their earnings estimates for a stock, more and more investors take an interest in it, helping its price race to keep up. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Most importantly, despite possessing fast-paced momentum features, DNUT is trading at a reasonable valuation. In terms of Price-to-Sales ratio, which is considered as one of the best valuation metrics, the stock looks quite cheap now. DNUT is currently trading at 0.46 times its sales. In other words, investors need to pay only 46 cents for each dollar of sales.

So, DNUT appears to have plenty of room to run, and that too at a fast pace.

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The market expects Krispy Kreme (DNUT - Free Report) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended March 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 7. On the other hand, if they miss, the stock may move lower.

While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.

Zacks Consensus EstimateThis doughnut wholesaler and retailer is expected to post quarterly loss of $0.03 per share in its upcoming report, which represents a year-over-year change of +40%.

Revenues are expected to be $355.2 million, down 5.3% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 30% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Krispy Kreme?For Krispy Kreme, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%.

On the other hand, the stock currently carries a Zacks Rank of #1.

So, this combination makes it difficult to conclusively predict that Krispy Kreme will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Krispy Kreme would post earnings of $0.03 per share when it actually produced earnings of $0.09, delivering a surprise of +200.00%.

Over the last four quarters, the company has beaten consensus EPS estimates three times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Krispy Kreme doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

An Industry Player's Expected ResultsAnother stock from the Zacks Consumer Products - Staples industry, BBB Foods (TBBB - Free Report) , is soon expected to post loss of $0.19 per share for the quarter ended March 2026. This estimate indicates a year-over-year change of -375%. Revenues for the quarter are expected to be $1.28 billion, up 52.9% from the year-ago quarter.

The consensus EPS estimate for BBB Foods has been revised 36.4% lower over the last 30 days to the current level. However, a lower Most Accurate Estimate has resulted in an Earnings ESP of -26.32%.

This Earnings ESP, combined with its Zacks Rank #5 (Strong Sell), makes it difficult to conclusively predict that BBB Foods will beat the consensus EPS estimate. The company could not beat consensus EPS estimates in any of the last four quarters.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

Krispy Kreme narrowed its loss and expanded margins in the recent quarter as turnaround efforts continued to pay off, though revenue once again declined following last year's move to exit weaker sales locations.

Image: Bigstock

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Krispy Kreme (DNUT - Free Report) reported $367.03 million in revenue for the quarter ended March 2026, representing a year-over-year decline of 2.2%. EPS of -$0.05 for the same period compares to -$0.05 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $355.2 million, representing a surprise of +3.33%. The company delivered an EPS surprise of -87.27%, with the consensus EPS estimate being -$0.03.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Krispy Kreme performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Total Global Points of Access: 15,125 versus 14,912 estimated by two analysts on average.Hubs, by segment and type - U.S. - Doughnut Factories: 6 versus the two-analyst average estimate of 6.Global Points of Access, by segment and type - U.S. - Fresh Shops: 46 compared to the 69 average estimate based on two analysts.Global Points of Access, by segment and type - U.S. - DFD Doors: 5,949 versus the two-analyst average estimate of 6,823.Global Points of Access, by segment and type - U.S. - Total: 6,171 versus the two-analyst average estimate of 7,128.Global Points of Access, by segment and type - International - Hot Light Theater Shops: 47 versus 48 estimated by two analysts on average.Global Points of Access, by segment and type - International - Fresh Shops: 448 compared to the 529 average estimate based on two analysts.Global Points of Access, by segment and type - International - Carts, Food Trucks, and Other: 17 versus 18 estimated by two analysts on average.Global Points of Access, by segment and type - International - DFD Doors: 3,630 versus 4,193 estimated by two analysts on average.Geographic Revenue- U.S.: $221.55 million versus the two-analyst average estimate of $211.93 million. The reported number represents a year-over-year change of -6.3%.Geographic Revenue- Market Development: $20.23 million compared to the $20.9 million average estimate based on two analysts. The reported number represents a change of +6.4% year over year.Geographic Revenue- International: $125.26 million versus $118.48 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +4.7% change.View all Key Company Metrics for Krispy Kreme here>>>

Shares of Krispy Kreme have returned +10.5% over the past month versus the Zacks S&P 500 composite's +11.4% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.

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Published in earnings earnings-estimates-revisions earnings-surprise

Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.

Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase, investors find themselves invested in shares that have limited to no upside or even a downside. So, betting on a stock just by looking at the traditional momentum parameters could be risky at times.

It could be safer to invest in bargain stocks that have been witnessing price momentum recently. While the Zacks Momentum Style Score (part of the Zacks Style Scores system), which pays close attention to trends in a stock's price or earnings, is pretty useful in identifying great momentum stocks, our 'Fast-Paced Momentum at a Bargain' screen comes handy in spotting fast-moving stocks that are still attractively priced.

Krispy Kreme (DNUT - Free Report) is one of the several great candidates that made it through the screen. While there are numerous reasons why this stock is a great choice, here are the most vital ones:

Investors' growing interest in a stock is reflected in its recent price increase. A price change of 8.4% over the past four weeks positions the stock of this doughnut wholesaler and retailer well in this regard.

While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. DNUT meets this criterion too, as the stock gained 22% over the past 12 weeks.

Moreover, the momentum for DNUT is fast paced, as the stock currently has a beta of 1.32. This indicates that the stock moves 32% higher than the market in either direction.

Given this price performance, it is no surprise that DNUT has a Momentum Score of A, which indicates that this is the right time to enter the stock to take advantage of the momentum with the highest probability of success.

In addition to a favorable Momentum Score, an upward trend in earnings estimate revisions has helped DNUT earn a Zacks Rank #2 (Buy). Our research shows that the momentum-effect is quite strong among Zacks Rank #1 and #2 stocks. That's because as covering analysts raise their earnings estimates for a stock, more and more investors take an interest in it, helping its price race to keep up. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Most importantly, despite possessing fast-paced momentum features, DNUT is trading at a reasonable valuation. In terms of Price-to-Sales ratio, which is considered as one of the best valuation metrics, the stock looks quite cheap now. DNUT is currently trading at 0.41 times its sales. In other words, investors need to pay only 41 cents for each dollar of sales.

So, DNUT appears to have plenty of room to run, and that too at a fast pace.

In addition to DNUT, there are several other stocks that currently pass through our 'Fast-Paced Momentum at a Bargain' screen. You may consider investing in them and start looking for the newest stocks that fit these criteria.

This is not the only screen that could help you find your next winning stock pick. Based on your personal investing style, you may choose from over 45 Zacks Premium Screens that are strategically created to beat the market.

However, keep in mind that the key to a successful stock-picking strategy is to ensure that it produced profitable results in the past. You could easily do that with the help of the Zacks Research Wizard. In addition to allowing you to backtest the effectiveness of your strategy, the program comes loaded with some of our most successful stock-picking strategies.

Click here to sign up for a free trial to the Research Wizard today.

Have you assessed how the international operations of Krispy Kreme (DNUT - Free Report) performed in the quarter ended March 2026? For this doughnut wholesaler and retailer, possessing an expansive global footprint, parsing the trends of international revenues could be critical to gauge its financial resilience and growth prospects.

In today's increasingly interconnected global economy, a company's ability to tap into international markets can be a pivotal factor in shaping its overall financial health and growth trajectory. For investors, understanding a company's reliance on overseas markets has become increasingly crucial, as it offers insights into the company's sustainability of earnings, ability to tap into diverse economic cycles and overall growth potential.

Being present in foreign markets serves as protection against local economic declines and helps benefit from more rapidly expanding economies. Yet, such expansion also introduces challenges related to currency fluctuations, geopolitical uncertainties and varied market behaviors.

Upon examining DNUT's recent quarterly performance, we noticed several interesting patterns in the revenue generated from its international segments, which are commonly analyzed and observed by Wall Street experts.

The company's total revenue for the quarter amounted to $367.03 million, showing decrease of 2.2%. We will now explore the breakdown of DNUT's overseas revenue to assess the impact of its international operations.

Decoding DNUT's International Revenue TrendsMarket Development generated $20.23 million in revenues for the company in the last quarter, constituting 5.5% of the total. This represented a surprise of -3.2% compared to the $20.9 million projected by Wall Street analysts. Comparatively, in the previous quarter, Market Development accounted for $19.69 million (5%), and in the year-ago quarter, it contributed $19.01 million (5.1%) to the total revenue.

International accounted for 34.1% of the company's total revenue during the quarter, translating to $125.26 million. Revenues from this region represented a surprise of +5.72%, with Wall Street analysts collectively expecting $118.48 million. When compared to the preceding quarter and the same quarter in the previous year, International contributed $142.46 million (36.3%) and $119.64 million (31.9%) to the total revenue, respectively.

International Revenue PredictionsIt is projected by analysts on Wall Street that Krispy Kreme will post revenues of $333.42 million for the ongoing fiscal quarter, a decline of 12.2% from the year-ago quarter. The expected contributions from Market Development and International to this revenue are 6.6%, and 36%, translating into $22.03 million, and $120.17 million, respectively.

For the full year, the company is expected to generate $1.31 billion in total revenue, down 14% from the previous year. Revenues from Market Development and International are expected to constitute 7.2% ($94.43 million), and 37.7% ($493.97 million) of the total, respectively.

Concluding RemarksRelying on global markets for revenues presents both prospects and challenges for Krispy Kreme. Therefore, scrutinizing its international revenue trends is key to effectively forecasting the company's future outlook.

In an era of growing international ties and escalating geopolitical disputes, financial analysts on Wall Street pay keen attention to these developments to fine-tune their earnings estimations for businesses operating across borders. It's important to note, however, that a range of additional variables, like a company's local market status, also play a crucial role in shaping these forecasts.

Emphasizing a company's shifting earnings prospects is a key aspect of our approach at Zacks, especially since research has proven its substantial influence on a stock's price in the short run. This correlation is positively aligned, meaning that improved earnings projections tend to boost the stock's price.

The Zacks Rank, our proprietary stock rating tool, comes with an externally validated impressive track record. It effectively utilizes shifts in earnings projections to act as a dependable barometer for forecasting short-term stock price trends.

At the moment, Krispy Kreme has a Zacks Rank #2 (Buy), signifying that it may outperform the overall market trend in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

A Look at Krispy Kreme's Recent Stock Price PerformanceThe stock has witnessed a decline of 1.2% over the past month versus the Zacks S&P 500 composite's an increase of 8.8%. In the same interval, the Zacks Consumer Staples sector, to which Krispy Kreme belongs, has registered no change. Over the past three months, the company's shares saw an increase of 12.3%, while the S&P 500 increased by 7.1%. In comparison, the sector experienced no change during this timeframe.

CHARLOTTE, N.C.--(BUSINESS WIRE)--He-Man has faced countless villains, and now he's teaming up with Krispy Kreme® to usher in a new era of doughnut deliciousness, defending flavor, fun and epic sweet cravings everywhere. Beginning Tuesday, May 26, at participating shops across the U.S., Krispy Kreme® in collaboration with Mattel and Amazon MGM Studios is unleashing the Masters of the Universe® Collection – three all-new doughnuts available for a limited time and a custom dozen box inspired by M.

CHARLOTTE, N.C.--(BUSINESS WIRE)--The countdown is on to National Doughnut Day – and there's one destination that does it best: Krispy Kreme®. This Friday (June 5), Krispy Kreme is celebrating the sweetest day of the year by treating guests to a free doughnut of their choice – no purchase necessary.* It's simple: stop by, pick your favorite and enjoy. From the iconic Original Glazed® to classics like Strawberry Iced with Sprinkles or Chocolate Iced Kreme™ Filled, Krispy Kreme is serving up the.

Krispy Kreme remains a hold as turnaround progress is evident, but valuation uncertainty persists. Q1 marked the first positive free cash flow since IPO, with adjusted EBITDA up 38% YoY and 260 bps margin expansion. FY 2026 guidance targets $1.25–$1.35B net revenue, $140–$150M adjusted EBITDA, and over $15M free cash flow.