Consumer Defensive · Grocery Stores
Price
$3.44
Market Cap
$593.1M
Employees
21,000
Beta
1.26
Avg Volume
2,634,068
CEO
Joshua Charlesworth
Krispy Kreme, Inc., operating alongside its various subsidiaries, focuses on creating and distributing distinctive doughnut experiences through a comprehensive omni-channel business model. Its operations are structured across three primary divisions: U.S. and Canada, International markets, and Market Development. Beyond its signature doughnuts, the company also offers a diverse array of other sweet treats, including cookies, brownies, ice cream, and various cookie-based confections, often accompanied by cold milk. Additionally, it provides doughnut mixes, other ingredients, and even equipment for doughnut production. By early 2022 (specifically January 2), Krispy Kreme boasted a global presence of 1,810 branded outlets (Krispy Kreme and Insomnia Cookies) spanning approximately 30 countries. Of these, 971 were company-owned locations and 839 were managed by franchisees. Its comprehensive distribution strategy involves sales through these retail shops, a "delivered fresh daily" model, e-commerce platforms, and direct delivery services. Established in 1937, Krispy Kreme, Inc. maintains its headquarters in Charlotte, North Carolina. The organization underwent a name change in May 2021, transitioning from its former identity, Krispy Kreme Doughnuts, Inc., to its current designation.
Runs with full report
Price Overview
Last updated: Jul 12, 2026 6:02am (just now)
Current data · timestamped when a report runs
$3.44
Change · Jul 12
+0.02 (+0.58%)
Day Range
$3.38 – $3.50
52-Week Range
$2.88 – $5.73
50-Day MA
$3.55
200-Day MA
$3.65
Volume
2,246,250.00
Analyst Price Targets
Low
$3.00
Consensus
$4.50
High
$6.00
(11 analysts)
Share Structure
Outstanding
172,400,000.00
Float
90,463,452.00
Free Float
52.5%
Normal free float
— 52.5% of shares trade freely, ~47.5% held by insiders/institutions
Healthy float typical of established companies. Good liquidity for entering and exiting positions without major price impact.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALCStock Price / EPS (Diluted)
-1.13
Stock Price: $3.44
EPS (Diluted): -3.04
EPS (Diluted): -3.04
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
1.09
Stock Price: $3.44
Total Equity: $656.20M
Shares: 170,923,000
Total Equity: $656.20M
Shares: 170,923,000
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
-3.00
Market Cap: $593.06M
Total Debt: $972.76M
Cash: -$42.39M
EBITDA: -$341.73M
Total Debt: $972.76M
Cash: -$42.39M
EBITDA: -$341.73M
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$2.2B
Market Cap: $593.06M
Total Debt: $972.76M
Cash: -$42.39M
Total Debt: $972.76M
Cash: -$42.39M
P/S Ratio (Price per dollar of revenue)
APIStock Price / Revenue Per Share
0.47
Stock Price: $3.44
Revenue: $1.52B
Shares: 170,923,000
Revenue: $1.52B
Shares: 170,923,000
EV/Sales (Total value vs revenue — works when P/E can't)
API1.43
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
14.1%
Gross Profit: $213.95M
Revenue: $1.52B
Revenue: $1.52B
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
-2.2%
Operating Income: -$33.27M
Revenue: $1.52B
Revenue: $1.52B
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
-33.9%
Net Income: -$515.77M
Revenue: $1.52B
Revenue: $1.52B
ROE (Profit from shareholder equity)
APINet Income / Total Equity
-77.0%
Net Income: -$515.77M
Total Equity: $656.20M
Total Equity: $656.20M
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
-21.1%
Operating Income: -$33.27M
Tax Rate: 3.8%
Equity: $656.20M
Total Debt: $972.76M
Cash: -$42.39M
Tax Rate: 3.8%
Equity: $656.20M
Total Debt: $972.76M
Cash: -$42.39M
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
0.38
Current Assets: $174.45M
Current Liabilities: $457.28M
Current Liabilities: $457.28M
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
1.48
Short-Term Debt: $117.19M
Long-Term Debt: $855.57M
Total Debt: $972.76M
Total Equity: $656.20M
Long-Term Debt: $855.57M
Total Debt: $972.76M
Total Equity: $656.20M
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$8.91
Revenue: $1.52B
Shares: 170,923,000
Shares: 170,923,000
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$3.84
Total Equity: $656.20M
Shares: 170,923,000
Shares: 170,923,000
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$-0.37
Operating CF: $33.92M
CapEx: -$97.93M
Shares: 170,923,000
CapEx: -$97.93M
Shares: 170,923,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
1.7%
Last Dividend: N/A
Stock Price: $3.44
Stock Price: $3.44
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: -$515.77M
Net Income: -$515.77M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares DNUT against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jul 12, 2026 6:02am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.5B | $1.7B | $1.7B | $1.5B |
| Cost of Revenue | $354.1M | $406.2M | $443.2M | $409.2M | $1.3B |
| Gross Profit | $1.0B | $1.1B | $1.2B | $1.3B | $214.0M |
| Operating Expenses | $989.2M | $1.1B | $1.2B | $1.3B | $247.2M |
| Operating Income | $41.1M | $29.0M | $13.1M | -$8.7M | -$33.3M |
| Net Income | -$24.5M | -$15.6M | -$37.9M | $3.1M | -$515.8M |
| EBITDA | $140.5M | $136.2M | $135.2M | $213.4M | -$341.7M |
| EPS | $-0.16 | $-0.10 | $-0.23 | $0.02 | $-3.04 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jul 12, 2026 6:02am (just now)| Metric | 2022 | 2023 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $38.6M | $35.4M | $38.2M | $29.0M | -$42.4M |
| Total Current Assets | $156.9M | $178.3M | $173.6M | $172.9M | $174.5M |
| Total Assets | $3.1B | $3.1B | $3.2B | $3.1B | $2.6B |
| Current Liabilities | $526.2M | $516.5M | $525.6M | $486.2M | $457.3M |
| Long-Term Debt | $680.3M | $739.1M | $836.6M | $781.2M | $855.6M |
| Total Liabilities | $1.8B | $1.8B | $2.0B | $1.9B | $1.9B |
| Total Equity | $1.2B | $1.2B | $1.2B | $1.1B | $656.2M |
| Retained Earnings | -$178.4M | -$217.5M | -$279.0M | -$299.6M | -$821.4M |
Cash Flow (Annual)
Last updated: Jul 12, 2026 6:02am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $141.2M | $139.8M | $45.5M | $45.8M | $33.9M |
| Capital Expenditure | -$119.5M | -$111.7M | -$121.4M | -$120.8M | -$97.9M |
| Free Cash Flow | $21.7M | $28.1M | -$75.9M | -$75.0M | -$64.0M |
| Acquisitions (net) | -$46.3M | -$7.3M | $0 | -$23.9M | $72.0M |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$139.1M | -$4.0M | -$1.9M | -$5.5M | -$1.4M |
| Net Change in Cash | $1.7M | -$3.5M | $2.9M | -$9.3M | $13.6M |
Analyst Estimates (Annual)
Last updated: Jul 12, 2026 6:02am (just now)| Metric | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|
| Revenue |
$1.3B $1.0B – $1.4B
|
$1.4B $1.2B – $1.5B
|
$2.0B $1.8B – $2.2B
|
$2.1B $2.0B – $2.4B
|
| EBITDA |
$44.2M $34.9M – $50.3M
|
$47.6M $43.6M – $52.6M
|
$69.4M $63.5M – $76.7M
|
$74.7M $68.4M – $82.6M
|
| Net Income |
$15.6M $13.4M – $17.8M
|
$7.0M $6.2M – $7.9M
|
-$3.4M -$3.9M – -$3.0M
|
$8.5M $7.6M – $9.7M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jul 12, 2026 6:02am (just now)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +10.5% | +10.2% | -1.2% | -8.6% |
| Gross Profit Growth | +9.1% | +10.6% | +1.1% | -83.0% |
| Operating Income Growth | -29.5% | -54.6% | -166.5% | -280.9% |
| Net Income Growth | +36.3% | -142.8% | +108.2% | -16,764.5% |
| EBITDA Growth | -3.1% | -0.7% | +57.8% | -260.1% |
Dividend History (Last 20)
Last updated: Jul 12, 2026 6:02am (just now)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2025-04-23 | $0.04 | 2025-02-13 | 2025-04-23 | 2025-05-07 |
| 2025-01-22 | $0.04 | 2024-12-13 | 2025-01-22 | 2025-02-05 |
| 2024-10-23 | $0.04 | 2024-09-13 | 2024-10-23 | 2024-11-06 |
| 2024-07-24 | $0.04 | 2024-04-30 | 2024-07-24 | 2024-08-07 |
| 2024-04-23 | $0.04 | 2024-02-08 | 2024-04-24 | 2024-05-08 |
| 2024-01-23 | $0.04 | 2023-12-04 | 2024-01-24 | 2024-02-07 |
| 2023-10-25 | $0.04 | 2023-09-22 | 2023-10-26 | 2023-11-09 |
| 2023-07-25 | $0.04 | 2023-05-10 | 2023-07-26 | 2023-08-09 |
| 2023-04-25 | $0.04 | 2023-02-08 | 2023-04-26 | 2023-05-10 |
| 2023-01-24 | $0.04 | 2022-12-08 | 2023-01-25 | 2023-02-08 |
| 2022-10-25 | $0.04 | 2022-09-15 | 2022-10-26 | 2022-11-09 |
| 2022-07-26 | $0.04 | 2022-05-16 | 2022-07-27 | 2022-08-10 |
| 2022-04-26 | $0.04 | 2022-02-09 | 2022-04-27 | 2022-05-11 |
| 2022-01-25 | $0.04 | 2021-12-06 | 2022-01-26 | 2022-02-09 |
| 2021-10-26 | $0.04 | 2021-09-15 | 2021-10-27 | 2021-11-10 |
Insider Trading (Recent)
Type codes
PPurchase
SSale
AAward / grant
MOption exercise
FIn-kind (tax)
CConversion
GGift
DReturn to issuer
All SEC Form 4 codes
Open market
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
Compensation (Rule 16b-3)
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
Other exempt
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
Other
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-07-01 | Suess Lori M. | F-InKind | 8,391.00 | $3.53 | $29,620 |
| 2026-07-01 | Esposito Joseph J | F-InKind | 7,998.00 | $3.53 | $28,233 |
| 2026-06-12 | JAB Holdings B.V. | J-Other | 7,069,936.00 | $0.00 | $0 |
| 2026-06-10 | Werneck Melissa | A-Award | 39,653.00 | $0.00 | $0 |
| 2026-06-10 | Sundaram Easwaran | A-Award | 33,334.00 | $0.00 | $0 |
| 2026-06-10 | Shear David Chan | A-Award | 39,653.00 | $0.00 | $0 |
| 2026-06-10 | Hees Bernardo | A-Award | 64,103.00 | $0.00 | $0 |
| 2026-06-10 | Grismer Patrick J | A-Award | 33,334.00 | $0.00 | $0 |
| 2026-06-10 | Deno David J. | A-Award | 33,334.00 | $0.00 | $0 |
| 2026-06-10 | Charlesworth Josh | A-Award | 128,206.00 | $0.00 | $0 |
| 2026-06-10 | Capel Patricia | A-Award | 64,103.00 | $0.00 | $0 |
| 2026-06-10 | Yochem Angela | A-Award | 76,924.00 | $0.00 | $0 |
| 2026-06-10 | Suess Lori M. | A-Award | 38,462.00 | $0.00 | $0 |
| 2026-06-10 | Steele Nicola | A-Award | 76,924.00 | $0.00 | $0 |
| 2026-06-10 | Holder Alison | A-Award | 76,924.00 | $0.00 | $0 |
| 2026-06-10 | Esposito Joseph J | A-Award | 25,642.00 | $0.00 | $0 |
| 2026-06-10 | Duvivier Raphael | A-Award | 96,154.00 | $0.00 | $0 |
| 2026-06-10 | Adams Atiba | A-Award | 76,924.00 | $0.00 | $0 |
| 2025-06-17 | Hees Bernardo | 0.00 | $0.00 | $0 | |
| 2026-06-05 | Hees Bernardo | P-Purchase | 25,002.00 | $3.49 | $87,167 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for DNUT — it's generated by the pipeline (
market-narrative step).
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Be the first — hit How to Contribute, have any AI review this page, and paste its take back here.
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.412 · e3f7f8b4 · 2026-07-11 21:24:02