WSJ·1 day ago
Krispy Kreme Needs an Artisanal Touch to Make ‘He-Man' DoughnutsThe company is hand-decorating doughnuts in a quest to lure younger consumers.
Krispy Kreme, Inc.(DNUT)Earnings, Financials & Key Ratios
DNUT•NASDAQ
$3.32
Price updated Jul 7, 2026
AboutKrispy Kreme, Inc., together with its subsidiaries, operates through an omni-channel business model to provide doughnut experiences and produce doughnuts. The company operates through three segments: U.S. and Canada, International, and Market Development. It also produces cookies, brownies, cookie cakes, ice cream, cookie-wiches, and cold milk, as well as doughnut mixes, other ingredients, and doughnut-making equipment. As of January 2, 2022, the company had 1,810 Krispy Kreme and Insomnia Cookies-branded shops in approximately 30 countries worldwide, which include 971 company owned and 839 franchised. It serves through doughnut shops, delivered fresh daily outlets, ecommerce, and delivery business. 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 headquartered in Charlotte, North Carolina.Show more
- Revenue$1.52B-8.6%
- EBITDA$104M-16.9%
- Net Income-$516M-16764.5%
- EPS (Diluted)-3.04-17083.2%
- Gross Margin14.05%-81.4%
- EBITDA Margin6.82%-9.1%
- Operating Margin-2.19%-316.6%
- Net Margin-33.87%-18331.3%
- ROE-55.96%-22055.6%
DNUT Price & Volume
Krispy Kreme, Inc. (DNUT) stock price & volume — 10-year historical chart
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Persistent Operational Losses Challenge Capital Structure Sustainability
Investment Thesis • Updated 2026Q1
VerdictNegative
Growth:Decelerating
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:High leverage and liquidity
Key Thesis Takeaways
- Krispy Kreme faces a challenging fundamental outlook characterized by persistent revenue contraction, evidenced by a 2.2% year-over-year decline in 2026Q1, and an inability to achieve consistent operating leverage.
- The company's reliance on a capital-intensive hub-and-spoke distribution model has resulted in significant equity erosion, with shareholder equity falling from $1.2B in 2023Q4 to $631.8M in 2026Q1.
- Investors should remain cautious as the firm continues to fund dividends and minor share repurchases despite recurring net losses and a critically thin current ratio of 0.42.
Verdict Logic
the company's persistent inability to generate positive net income, combined with a significant erosion of equity to $631.8M, suggests that the current business model lacks the necessary scale to support its debt-heavy capital structure.
DNUT Growth Metrics
Krispy Kreme, Inc. (DNUT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years13.33%
5 Years6.3%
3 Years-0.16%
TTM-5.22%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-2258.21%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-2149.06%
Return on Capital
10 Years5.39%
5 Years0.29%
3 Years-0.42%
Last Year-1.41%
DNUT Recent Earnings
Krispy Kreme, Inc. (DNUT) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 3/12 qtrs (25%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
May 7, 2026Metric
Actual
Est
EPS
$0.05-66.7%
$0.03
Rev
$367M+2.1%
$359M
Q1 2026
Feb 26, 2026Metric
Actual
Est
EPS
$0.09+200.0%
$0.03
Rev
$392M+1.5%
$387M
Q4 2025
Nov 6, 2025Metric
Actual
Est
EPS
$0.01+116.7%
$0.06
Rev
$375M-3.0%
$387M
Q3 2025
Aug 7, 2025Metric
Actual
Est
EPS
$0.15-275.0%
$0.04
Rev
$380M-1.4%
$385M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 7, 2026 | $0.05vs $0.03-66.7% | $367Mvs $359M+2.1% |
| Q1 2026 | Feb 26, 2026 | $0.09vs $0.03+200.0% | $392Mvs $387M+1.5% |
| Q4 2025 | Nov 6, 2025 | $0.01vs $0.06+116.7% | $375Mvs $387M-3.0% |
| Q3 2025 | Aug 7, 2025 | $0.15vs $0.04-275.0% | $380Mvs $385M-1.4% |
Based on last 12 quarters of dataView full earnings history →
Latest DNUT News
Recent stock market news and headlines for Krispy Kreme, Inc. (DNUT)
Business Wire·1 day ago
Krispy Kreme to Announce Second Quarter 2026 Results and Host Conference Call on August 6, 2026CHARLOTTE, 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 confer.
The Motley Fool·Jun 26, 2026
CAVA vs. Krispy Kreme: Which Consumer Stock Is a Better Buy in 2026?CAVA Group continues to see rapid growth and positive net income as it scales its Mediterranean fast-casual concept across the United States. Krispy Kreme is executing a strategic pivot toward a capital-light model by expanding third-party retail access points and refranchising shops.
Peers Comparison
Key metrics vs top competitors for Krispy Kreme, Inc. (DNUT)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $3.32 | $572.37M | -1.09 | -8.57% | -33.87% | -55.96% | 2.1% | |
| $7.78 | $1.48B | 9.15 | -3.1% | 7.81% | 150.73% | — | |
| $15.68 | $299.07M | -3.72 | -6.75% | 2.82% | — | — | |
| $4.80 | $346.37M | 17.78 | 3.03% | 2.12% | 3.17% | — | |
| $66.28 | $8.41B | 105.21 | 27.88% | 4.61% | 9.16% | — | |
| $77.74 | $3.86B | 25.32 | 4.75% | 4.34% | 38.34% | — |
Compare DNUT vs Peers
Krispy Kreme, Inc. (DNUT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
DNUT SEC Filings & Documents
Krispy Kreme, Inc. (DNUT) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
May 7, 2026·SEC
Material company update
Apr 6, 2026·SEC
Material company update
Mar 24, 2026·SEC
10-K Annual Reports
310-Q Quarterly Reports
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DNUT Frequently Asked Questions
Krispy Kreme, Inc. (DNUT) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Krispy Kreme, Inc.'s revenue?
Krispy Kreme, Inc. (DNUT) reported $1.51B in revenue for fiscal year 2025. This represents a 276% increase from $403.2M in 2011.
How fast is Krispy Kreme, Inc. growing?
Krispy Kreme, Inc. (DNUT) saw revenue decline by 8.6% over the past year.
Is DNUT profitable?
Krispy Kreme, Inc. (DNUT) reported a net loss of $510.7M for fiscal year 2025.
Dividend & Returns
Does DNUT pay dividends?
Yes, Krispy Kreme, Inc. (DNUT) pays a dividend with a yield of 2.10%. This makes it attractive for income-focused investors.
What is DNUT's return on equity?
Krispy Kreme, Inc. (DNUT) has a return on equity (ROE) of -56.0%. Negative ROE indicates the company is unprofitable.
What is Krispy Kreme, Inc.'s free cash flow?
Krispy Kreme, Inc. (DNUT) had negative free cash flow of $5.5M in fiscal year 2025, likely due to heavy capital investments.