Quarterly ResultAug 6, 2026, 04:48 PM
Krispy Kreme Q2 Net Loss $(20.3)M; Revenue $331.0M
AI Summary
Krispy Kreme reported a net loss attributable to the company of $(20.3) million for the quarter ended June 28, 2026, a significant improvement from the $(435.3) million loss in the prior year, which included a large goodwill impairment. Total net revenues for the quarter decreased to $331.0 million from $379.8 million year-over-year. The company also completed the refranchising of W.K.S. Krispy Kreme and the divestiture of Krispy Kreme Japan, contributing to a net gain on refranchising of $8.9 million for the first half of the year.
Key Highlights
- Net loss attributable to Krispy Kreme, Inc. was $(20.3) million for Q2 2026.
- Total net revenues decreased to $331.0 million in Q2 2026 from $379.8 million in Q2 2025.
- Operating loss significantly improved to $(11.0) million in Q2 2026.
- Goodwill and other asset impairments were $4.2 million in Q2 2026.
- Net cash provided by operating activities was $10.0 million for the first half of 2026.
- Net cash provided by investing activities was $68.0 million for the first half of 2026.
- Gain on refranchising, net, was $8.9 million for the first half of 2026.
Price Impact
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