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QSR & Coffee

Krispy Kreme

Parent: Krispy Kreme, Inc. · Public

Nasdaq: DNUT$4.03-3.4%close Nov. 9, 2026
Credit ratingNot rated
AAAAAABBBBBBCCCD

No verified agency rating.

Founded1937Source: Wikidata
Employees4,000as of 2011; source: Wikidata
Locations2,125Dec. 28, 2025; source: Krispy Kreme Form 10-K (XBRL)
HeadquartersCharlotte, North CarolinaQSR & Coffee

New Initiatives

How the real estate strategy is changing: openings, closures, formats, remodels, relocations and refranchising.

  • Krispy Kreme sold its Japan business for about $70 million and formed a $90 million joint venture in the western U.S. as part of a refranchising turnaround.

    Source: Krispy Kreme
  • Expects at least 100 new shops globally in fiscal 2026 and entry into at least three new countries each year.

    Source: Krispy Kreme, Inc. Form 10-K (filed Mar. 6, 2026)

Krispy Kreme sells doughnuts through its own shops, franchised shops and delivered fresh doors in grocery and convenience stores. The company is shifting to a lighter capital model by refranchising international markets.

Store count

2,125 as of Dec. 28, 2025
+2.3% 1-year change vs. prior fiscal year
  1. 1,8102022
  2. 1,9402023
  3. 2,1772023
  4. 2,0782024
  5. 2,1252025

Counts as reported at each period end. Sources: DNUT 10-K filed 2023-03-02; DNUT 10-K filed 2024-02-27; DNUT 10-K filed 2025-02-27; DNUT 10-K filed 2026-03-06 and 1 earlier sources.

What’s changing

  1. Update

    Krispy Kreme reported net leverage of 5.4 times at the end of the second quarter. Source: Krispy Kreme second-quarter 2026 results

Ownership history

  1. 2016

    Taken private by JAB Holding Source: Wikipedia: Krispy Kreme

  2. 2021

    Returns to public markets Source: Wikipedia: Krispy Kreme

SEC Filings

Annual reports filed by Krispy Kreme, Inc.. All filings on EDGAR

PeriodFormFiledDocument
Fiscal year ended Dec. 28, 202510-KMar. 6, 2026View on sec.gov
Fiscal year ended Dec. 29, 202410-KFeb. 27, 2025View on sec.gov
Fiscal year ended Dec. 31, 202310-KFeb. 27, 2024View on sec.gov
Fiscal year ended Jan. 1, 202310-KMar. 2, 2023View on sec.gov
Latest quarter, period ended June 28, 202610-QAug. 6, 2026View on sec.gov

Credit ratings

AgencyRatingOutlookAs ofSource
S&P GlobalUnavailableNot verifiedNot verified
Moody’sUnavailableNot verifiedNot verified

Share prices, Yahoo Finance, as of Nov. 9, 2026. Bond index yields and spreads, ICE BofA US corporate and high yield indices, ICE Data Indices, LLC, via FRED, Federal Reserve Bank of St. Louis. 10-year yield, U.S. Department of the Treasury.

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