Krispy Kreme (KKD) Announces Turnaround Plan

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Krispy Kreme Reports Second Quarter 2025 Financial Results and Announces Turnaround Plan

August 7, 2025 6:45 AM EDT

Turnaround plan to deleverage the balance sheet and drive sustainable, profitable growth

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Krispy Kreme, Inc. (NASDAQ: DNUT) (Krispy Kreme, KKI, or the Company) today reported financial results for the quarter ended June 29, 2025, and outlined a turnaround plan designed to deleverage the balance sheet and drive sustainable, profitable growth.

Second Quarter Highlights (vs Q2 2024)

Net revenue of $379.8 million Organic revenue declined 0.8% GAAP net loss of $441.1 million, including non-cash goodwill and other asset impairment charges totaling $406.9... More