10x Insights
Loading account…
Companies / Consumer Discretionary / Krispy Kreme, Inc.
DNUT

Krispy Kreme, Inc.

Consumer DiscretionaryRetail
Ticker DNUTCHARLOTTE, NCBook value per share $3.59Diluted shares 172.3M

Krispy Kreme, Inc. (NASDAQ: DNUT) operates as one of the world's most recognized sweet treat brands, with a nearly 89-year history of delivering fresh, hand-crafted doughnuts to consumers across 42 countries. The company maintains its headquarters and website at krispykreme.com, where it serves as both a manufacturer… From the company’s description.

Fiscal year 2025Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-28
Sales & profitability
$1.52B
−8.6% year over year
Last 12 mo $1.47B
-30.82%
−30.3 percentage points
Last 12 mo -1.98%
$-523.78M
−13829.5% year over year
Last 12 mo $-91.76M
-79.33%
−79.6 percentage points
Last 12 mo -14.61%
Cash & financing
$33.92M
−26.0% year over year
Last 12 mo $97.26M
$-64.00M
+14.6% year over year
Last 12 mo $37.34M
1.50
Was 0.79× a year earlier
Last 12 mo 1.40
170.9M
−0.3% year over year
Last 12 mo 172.3M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Krispy Kreme, Inc. does

In the company’s own words

Krispy Kreme, Inc. (NASDAQ: DNUT) operates as one of the world's most recognized sweet treat brands, with a nearly 89-year history of delivering fresh, hand-crafted doughnuts to consumers across 42 countries. The company maintains its headquarters and website at krispykreme.com, where it serves as both a manufacturer and retailer of premium doughnuts and complementary products through an omni-channel distribution model.

The company generates revenue of $1,522.6 million through three primary reportable segments: the U.S. segment contributing $913.1 million, the International segment contributing $535.1 million, and the Market Development segment contributing $74.5 million. Krispy Kreme operates 15,194 global points of access, including 400 Hot Light Theater Shops, 1,725 Fresh Shops, 47 carts and food trucks, and 13,022 fresh delivery doors. The U.S. segment comprises 7,463 points of access, while the International segment operates 4,822 points of access across the United Kingdom, Ireland, Australia, New Zealand, Mexico, Canada, and Japan. The Market Development segment includes 2,909 franchise-operated locations globally.

The company employs approximately 17,000 team members worldwide and operates a capital-efficient Hub and Spoke model that leverages production capabilities from manufacturing hubs to supply smaller retail locations. Core products include the iconic Original Glazed doughnut, complemented by seasonal offerings, limited-time offerings, and smaller portion options designed for gifting and sharing. Krispy Kreme manufactures proprietary doughnut mixes at facilities in Winston-Salem, North Carolina, and Pico Rivera, California, domestically, with additional international production locations. The company operates seven domestic Doughnut Factories and 39 international Doughnut Factories, of which 25 are operated by franchisees.

The business model emphasizes fresh product delivery through company-operated shops, franchise partnerships, fresh delivery channels to grocery stores and convenience retailers, and digital ordering platforms. Approximately 75 percent of systemwide sales currently derive from company-operated locations, with management targeting a shift toward nearly 50 percent franchisee-generated sales by fiscal 2027. The company's competitive advantages include its proprietary doughnut formulations, globally recognized brand identity, omni-channel distribution capabilities, and innovative seasonal marketing strategies that generate significant consumer engagement and media coverage.

Company details
Sector
Consumer Discretionary
Industry
Retail
Headquarters
CHARLOTTE, NC
CIK
1857154
SIC
5400

Financial performance, year by year

Fiscal 2022–2025 · USD
$-744.77M$-81.80M$581.16M$1.24B$1.91B2022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Krispy Kreme, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

132
funds hold it
0 of 35
superinvestors hold it
$64.24M
held by funds, at market
10.1%
of shares held by funds

Largest fund holders · Krispy Kreme, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Federated Hermes MDT Small Cap Core Fund
QASCX · Federated Hermes MDT Series
0.18%of fund net assets
Bridge Builder Small/Mid Cap Growth Fund
BBGSX · Bridge Builder Trust
0.03%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Krispy Kreme, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Krispy Kreme, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Krispy Kreme, Inc.'s last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.