Symbols / DNUT Stock $3.94 +0.25% Krispy Kreme, Inc.

Consumer Defensive • Grocery Stores • United States • NMS
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Stock Fundamentals
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Index EQUITY
Sector Consumer Defensive
Industry Grocery Stores
CEO Mr. Joshua Charlesworth
Exch · Country NMS · United States
Market Cap 678.47M
Enterprise Value 2.09B
Income -520.06M
Sales 1.52B
FCF (ttm) -61.72M
Book/sh 3.79
Cash/sh 0.25
Employees 17,000
Insider 10d
IPO Jul 01, 2021
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 7.00%
P/E
Forward P/E 90.78
PEG
P/S 0.45
P/B 1.04
P/C
EV/EBITDA 27.21
EV/Sales 1.38
Quick Ratio 0.25
Current Ratio 0.38
Debt/Eq 211.73
LT Debt/Eq
EPS (ttm) -3.04
EPS next Y 0.04
EPS Growth
Revenue Growth -2.90%
EPS Gr Q/Q
Rev Gr Q/Q
Earnings (next) 2026-05-07
Earnings (prior) 2026-02-26
ROA -1.33%
ROE -56.89%
ROIC
Gross Margin 23.05%
Oper. Margin 1.54%
Profit Margin -33.87%
Shs Outstand 172.20M
Shs Float 89.52M
Insider Own 52.70%
Instit Own 44.02%
Short Float 19.07%
Short Ratio 9.83
Short Interest 17.75M
52W High 5.73
vs 52W High -31.24%
52W Low 2.50
vs 52W Low 57.60%
Beta 1.27
Impl. Vol. 80.08%
Rel Volume 0.36
Avg Volume 2.30M
Volume 824.04K
Target (mean) $4.35
Tgt Median $4.25
Tgt Low $3.00
Tgt High $6.00
# Analysts 6
Recom Hold
Prev Close $3.93
Price $3.94
Change 0.25%
About

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. It operates in three segments: U.S., International, and Market Development. The company offers doughnut experiences through hot light theater and fresh shops, delivers fresh daily branded cabinets and merchandising units within grocery and convenience stores, quick service restaurants, club memberships, drug stores, and digital channels, including delivery apps. It also 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.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus Mean price target
2. Current target Latest analyst target
3. DCF / Fair value Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$3.94
Low
$3.00
High
$6.00
Mean
$4.35

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-27 main Evercore ISI Group In-Line → In-Line $5
2025-08-27 down JP Morgan Neutral → Underweight
2025-07-18 main B of A Securities Buy → Buy $6
2025-07-14 main Morgan Stanley Overweight → Overweight $3
2025-05-14 down JP Morgan Overweight → Neutral
2025-05-09 main Citigroup Neutral → Neutral $4
2025-04-24 main Truist Securities Buy → Buy $7
2025-02-26 reit Truist Securities Buy → Buy $12
2025-02-26 main Piper Sandler Overweight → Overweight $12
2025-02-26 down Morgan Stanley Equal-Weight → Underweight $6
2025-01-21 main Morgan Stanley Equal-Weight → Equal-Weight $12
2024-11-12 main JP Morgan Overweight → Overweight $13
2024-10-22 main B of A Securities Buy → Buy $16
2024-07-23 up HSBC Hold → Buy $14
2024-07-17 main B of A Securities Buy → Buy $16
2024-06-10 up Truist Securities Hold → Buy $15
2024-04-08 main B of A Securities Buy → Buy $19
2024-04-05 up Piper Sandler Neutral → Overweight $20
2024-03-27 main Citigroup Neutral → Neutral $19
2024-03-19 main JP Morgan Neutral → Neutral $13
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-01-29 CHARLESWORTH JOSHUA Chief Executive Officer 3,455 $0.00 $0
2026-01-29 ZANDHUIS THERESA Officer 2,764 $0.00 $0
2026-01-29 DUVIVIER RAPHAEL Chief Financial Officer 1,382 $0.00 $0
2026-01-29 HOLDER ALISON Officer 1,152 $0.00 $0
2026-01-29 STEELE NICOLA Chief Operating Officer 1,382 $0.00 $0
2026-01-29 ESPOSITO JOSEPH J. Officer 691 $0.00 $0
2025-11-11 ESPOSITO JOSEPH J. Officer 2,641 $4.28 $11,294
2025-10-01 HOLDER ALISON Officer 104,439 $0.00 $0
2025-09-15 ESPOSITO JOSEPH J. Officer 20,000 $0.00 $0
2025-07-14 YOCHEM ANGELA J. Chief Technology Officer 100,000 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
1,522.62
-8.57%
1,665.40
-1.23%
1,686.10
+10.21%
1,529.90
Operating Revenue
1,522.62
-8.57%
1,665.40
-1.23%
1,686.10
+10.21%
1,529.90
Cost Of Revenue
372.57
-8.95%
409.18
-7.69%
443.24
+9.11%
406.23
Reconciled Cost Of Revenue
372.57
-8.95%
409.18
-7.69%
443.24
+9.11%
406.23
Gross Profit
1,150.05
-8.45%
1,256.22
+1.07%
1,242.86
+10.61%
1,123.67
Operating Expense
1,183.32
-5.87%
1,257.08
+4.70%
1,200.69
+10.11%
1,090.47
Selling General And Administration
271.34
-15.73%
322.00
+2.96%
312.74
+17.67%
265.76
Selling And Marketing Expense
45.07
-5.50%
47.70
+3.97%
45.87
+7.77%
42.57
General And Administrative Expense
226.27
-17.51%
274.30
+2.79%
266.86
+19.56%
223.20
Other Gand A
226.27
-17.51%
274.30
+2.79%
266.86
+19.56%
223.20
Other Operating Expenses
774.90
-3.32%
801.49
+5.17%
762.06
+6.66%
714.44
Total Expenses
1,555.89
-6.62%
1,666.26
+1.36%
1,643.93
+9.84%
1,496.70
Operating Income
-33.27
-3768.84%
-0.86
-102.04%
42.17
+27.02%
33.20
Total Operating Income As Reported
-469.27
-5272.30%
-8.73
-166.45%
13.14
-54.63%
28.98
EBITDA
-341.73
-260.11%
213.43
+57.82%
135.24
-0.70%
136.20
Normalized EBITDA
105.77
-19.17%
130.85
-20.34%
164.27
+16.98%
140.43
Reconciled Depreciation
137.07
+2.60%
133.60
+6.12%
125.89
+14.18%
110.26
EBIT
-478.80
-699.74%
79.83
+754.12%
9.35
-63.97%
25.94
Total Unusual Items
-447.50
-641.90%
82.58
+384.47%
-29.03
-586.75%
-4.23
Total Unusual Items Excluding Goodwill
-447.50
-641.90%
82.58
+384.47%
-29.03
-586.75%
-4.23
Special Income Charges
-447.50
-641.90%
82.58
+384.47%
-29.03
-586.75%
-4.23
Other Special Charges
3.58
+4.84%
3.41
-17.21%
4.12
-2.53%
4.23
Impairment Of Capital Assets
432.42
+9586.87%
4.46
-82.08%
24.91
Net Income
-515.77
-16764.52%
3.10
+108.16%
-37.92
-142.77%
-15.62
Pretax Income
-544.60
-2854.81%
19.77
+148.22%
-40.99
-402.19%
-8.16
Net Non Operating Interest Income Expense
-65.80
-9.54%
-60.07
-19.32%
-50.34
-47.62%
-34.10
Interest Expense Non Operating
65.80
+9.54%
60.07
+19.32%
50.34
+47.62%
34.10
Net Interest Income
-65.80
-9.54%
-60.07
-19.32%
-50.34
-47.62%
-34.10
Interest Expense
65.80
+9.54%
60.07
+19.32%
50.34
+47.62%
34.10
Other Income Expense
-445.53
-652.12%
80.69
+345.82%
-32.83
-351.98%
-7.26
Other Non Operating Income Expenses
1.97
+204.35%
-1.89
+50.37%
-3.80
-25.10%
-3.04
Gain On Sale Of Business
-11.50
-112.71%
90.45
0.00
0.00
Tax Provision
-20.82
-230.50%
15.95
+467.01%
-4.35
-810.29%
0.61
Tax Rate For Calcs
0.00
-81.90%
0.00
+98.11%
0.00
-49.52%
0.00
Tax Effect Of Unusual Items
-17.00
-198.06%
17.34
+663.58%
-3.08
-246.65%
-0.89
Net Income Including Noncontrolling Interests
-523.78
-13829.46%
3.81
+110.41%
-36.65
-317.63%
-8.78
Net Income From Continuing Operation Net Minority Interest
-515.77
-16764.52%
3.10
+108.16%
-37.92
-142.77%
-15.62
Net Income From Continuing And Discontinued Operation
-515.77
-16764.52%
3.10
+108.16%
-37.92
-142.77%
-15.62
Net Income Continuous Operations
-523.78
-13829.46%
3.81
+110.41%
-36.65
-317.63%
-8.78
Minority Interests
8.01
+1212.78%
-0.72
+43.66%
-1.28
+81.33%
-6.85
Normalized Income
-85.27
-37.22%
-62.14
-419.02%
-11.97
+2.52%
-12.28
Net Income Common Stockholders
-520.06
-16903.13%
3.10
+108.16%
-37.92
-137.09%
-16.00
Otherunder Preferred Stock Dividend
4.29
0.00
0.00
-100.00%
0.37
Diluted EPS
0.02
+108.70%
-0.23
-130.00%
-0.10
Basic EPS
0.02
+108.70%
-0.23
-130.00%
-0.10
Basic Average Shares
169.34
+0.63%
168.29
+0.49%
167.47
Diluted Average Shares
171.50
+1.91%
168.29
+0.49%
167.47
Diluted NI Availto Com Stockholders
-520.07
-17012.75%
3.08
+108.10%
-37.95
-135.16%
-16.14
Average Dilution Earnings
-0.01
+50.00%
-0.02
+28.57%
-0.03
+80.42%
-0.14
Depreciation Amortization Depletion Income Statement
137.07
+2.60%
133.60
+6.12%
125.89
+14.18%
110.26
Depreciation And Amortization In Income Statement
137.07
+2.60%
133.60
+6.12%
125.89
+14.18%
110.26
Line Item Trend 2023-12-31
Total Assets
3,240.59
Current Assets
173.58
Cash Cash Equivalents And Short Term Investments
38.19
Cash And Cash Equivalents
38.19
Other Short Term Investments
Receivables
74.89
Accounts Receivable
45.86
Gross Accounts Receivable
46.42
Allowance For Doubtful Accounts Receivable
-0.56
Other Receivables
12.48
Taxes Receivable
15.53
Inventory
34.72
Raw Materials
21.00
Work In Process
0.21
Finished Goods
13.51
Prepaid Assets
Restricted Cash
0.43
Assets Held For Sale Current
Other Current Assets
25.36
Total Non Current Assets
3,067.01
Net PPE
995.18
Gross PPE
1,400.64
Accumulated Depreciation
-405.46
Properties
0.00
Land And Improvements
12.12
Buildings And Improvements
158.67
Machinery Furniture Equipment
445.06
Construction In Progress
42.82
Other Properties
456.96
Leases
285.01
Goodwill And Other Intangible Assets
2,048.29
Goodwill
1,101.94
Other Intangible Assets
946.35
Investments And Advances
2.81
Long Term Equity Investment
2.81
Other Non Current Assets
20.73
Total Liabilities Net Minority Interest
1,976.81
Current Liabilities
525.59
Payables And Accrued Expenses
420.60
Payables
286.59
Accounts Payable
156.49
Other Payable
130.10
Current Accrued Expenses
134.00
Current Debt And Capital Lease Obligation
105.00
Current Debt
54.63
Other Current Borrowings
54.63
Current Capital Lease Obligation
50.37
Other Current Liabilities
Total Non Current Liabilities Net Minority Interest
1,451.22
Liabilities Heldfor Sale Non Current
Long Term Debt And Capital Lease Obligation
1,291.20
Long Term Debt
836.62
Long Term Capital Lease Obligation
454.58
Non Current Deferred Liabilities
123.92
Non Current Deferred Taxes Liabilities
123.92
Other Non Current Liabilities
36.09
Preferred Securities Outside Stock Equity
Stockholders Equity
1,169.68
Common Stock Equity
1,169.68
Capital Stock
1.69
Common Stock
1.69
Share Issued
168.63
Ordinary Shares Number
168.63
Treasury Shares Number
0.00
Additional Paid In Capital
1,443.59
Retained Earnings
-278.99
Gains Losses Not Affecting Retained Earnings
7.25
Minority Interest
94.10
Other Equity Adjustments
7.25
Total Equity Gross Minority Interest
1,263.78
Total Capitalization
2,006.30
Working Capital
-352.01
Invested Capital
2,060.93
Total Debt
1,396.19
Net Debt
853.06
Capital Lease Obligations
504.95
Net Tangible Assets
-878.61
Tangible Book Value
-878.61
Duefrom Related Parties Current
1.03
Other Equity Interest
-3.85
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
33.92
-25.98%
45.83
+0.63%
45.54
-67.43%
139.82
Cash Flow From Continuing Operating Activities
33.92
-25.98%
45.83
+0.63%
45.54
-67.43%
139.82
Net Income From Continuing Operations
-523.78
-13829.46%
3.81
+110.41%
-36.65
-317.63%
-8.78
Depreciation Amortization Depletion
137.07
+2.60%
133.60
+6.12%
125.89
+14.18%
110.26
Depreciation And Amortization
137.07
+2.60%
133.60
+6.12%
125.89
+14.18%
110.26
Other Non Cash Items
2.06
+433.44%
-0.62
-128.72%
2.15
-3.45%
2.23
Stock Based Compensation
12.87
-63.40%
35.15
+45.27%
24.20
+33.16%
18.17
Provisionand Write Offof Assets
1.44
+123.37%
0.65
-1.22%
0.65
+14.74%
0.57
Asset Impairment Charge
438.75
+5954.23%
7.25
-79.96%
36.16
+88.66%
19.16
Deferred Tax
-35.55
-1259.18%
3.07
+116.59%
-18.49
-29.84%
-14.24
Deferred Income Tax
-35.55
-1259.18%
3.07
+116.59%
-18.49
-29.84%
-14.24
Operating Gains Losses
5.04
+105.23%
-96.35
-6748.12%
-1.41
-160.65%
2.32
Gain Loss On Investment Securities
-5.91
-177.18%
7.66
-9.66%
8.48
Gain Loss On Sale Of PPE
-5.11
-1500.63%
-0.32
+96.65%
-9.54
-54.91%
-6.16
Change In Working Capital
-3.98
+88.57%
-34.81
+54.61%
-76.68
-858.34%
10.11
Change In Receivables
5.48
+139.47%
-13.89
-294.41%
-3.52
+62.86%
-9.48
Change In Inventory
-19.87
-888.07%
-2.01
-357.82%
0.78
+106.23%
-12.52
Change In Payables And Accrued Expense
15.08
+174.81%
-20.16
+72.93%
-74.47
-332.61%
32.02
Change In Other Working Capital
-0.94
+23.15%
-1.23
-124.01%
5.11
+744.51%
-0.79
Change In Other Current Assets
-4.41
-404.58%
-0.87
+63.55%
-2.40
-41.63%
-1.69
Change In Other Current Liabilities
0.68
-79.82%
3.35
+253.55%
-2.19
-184.66%
2.58
Investing Cash Flow
-12.14
-162.99%
19.28
+117.12%
-112.59
+7.32%
-121.47
Cash Flow From Continuing Investing Activities
-12.14
-162.99%
19.28
+117.12%
-112.59
+7.32%
-121.47
Net PPE Purchase And Sale
-87.05
+23.97%
-114.48
-2.77%
-111.40
-7.83%
-103.32
Purchase Of PPE
-97.93
+18.93%
-120.79
+0.52%
-121.43
-8.69%
-111.72
Sale Of PPE
10.88
+72.51%
6.31
-37.08%
10.03
+19.33%
8.40
Capital Expenditure
-97.93
+18.93%
-120.79
+0.52%
-121.43
-8.69%
-111.72
Net Investment Purchase And Sale
0.00
0.00
Purchase Of Investment
0.00
Sale Of Investment
0.00
0.00
Net Business Purchase And Sale
72.00
-18.81%
88.68
+6327.67%
-1.42
+92.23%
-18.32
Purchase Of Business
-3.00
+91.54%
-35.44
-2389.04%
-1.42
+92.23%
-18.32
Gain Loss On Sale Of Business
10.14
+111.21%
-90.45
0.00
0.00
Net Intangibles Purchase And Sale
Purchase Of Intangibles
Net Other Investing Changes
2.90
-93.57%
45.08
+18842.02%
0.24
+47.83%
0.16
Financing Cash Flow
-7.76
+89.51%
-73.95
-202.90%
71.86
+526.78%
-16.84
Cash Flow From Continuing Financing Activities
-7.76
+89.51%
-73.95
-202.90%
71.86
+526.78%
-16.84
Net Issuance Payments Of Debt
49.94
+236.71%
-36.53
-140.01%
91.31
+90.95%
47.82
Issuance Of Debt
778.54
+15.13%
676.25
-42.48%
1,175.70
+689.06%
149.00
Repayment Of Debt
-728.60
-2.22%
-712.78
+34.27%
-1,084.39
-971.73%
-101.18
Long Term Debt Issuance
778.54
+15.13%
676.25
-42.48%
1,175.70
+689.06%
149.00
Long Term Debt Payments
-728.60
-2.22%
-712.78
+34.27%
-1,084.39
-971.73%
-101.18
Net Long Term Debt Issuance
49.94
+236.71%
-36.53
-140.01%
91.31
+90.95%
47.82
Net Common Stock Issuance
-1.35
+70.46%
-4.57
-309.50%
-1.12
+74.09%
-4.31
Common Stock Payments
-1.35
+75.41%
-5.49
-191.97%
-1.88
+56.35%
-4.31
Common Stock Dividend Paid
-11.93
+49.63%
-23.69
-0.57%
-23.56
-0.55%
-23.43
Cash Dividends Paid
-11.93
+49.63%
-23.69
-0.57%
-23.56
-0.55%
-23.43
Repurchase Of Capital Stock
-1.35
+75.41%
-5.49
-191.97%
-1.88
+56.35%
-4.31
Net Other Financing Charges
-44.41
-384.87%
-9.16
-275.19%
5.23
+114.16%
-36.92
Changes In Cash
14.02
+258.67%
-8.84
-283.42%
4.82
+219.92%
1.51
Effect Of Exchange Rate Changes
-0.45
+3.46%
-0.46
+76.11%
-1.93
+61.07%
-4.97
Beginning Cash Position
29.32
-24.08%
38.61
+8.07%
35.73
-8.83%
39.19
End Cash Position
42.89
+46.31%
29.32
-24.08%
38.61
+8.07%
35.73
Free Cash Flow
-64.00
+14.61%
-74.96
+1.22%
-75.88
-370.04%
28.10
Amortization Of Securities
0.00
+100.00%
-5.91
+42.56%
-10.29
0.00
Common Stock Issuance
0.00
-100.00%
0.92
+20.29%
0.76
0.00
Earnings Losses From Equity Investments
0.00
+100.00%
-5.58
0.00
0.00
Issuance Of Capital Stock
0.00
-100.00%
0.92
+20.29%
0.76
0.00
Sale Of Business
75.00
-39.58%
124.13
0.00
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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