DNUTKrispy Kreme, Inc.
Retail-Food Stores
- Revenue
- $1.5B
- 8.6% YoY
- Operating margin
- -30.8%
- 5776% YoY
- EBITDA
- −$332M
- 366% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- $772M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear39% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear28% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $1.1B | $1.4B | $1.7B | $1.7B | $1.5B | 8.6% |
| Operating income | $4M | $41M | $13M | −$9M | −$469M | 5272% |
| Net income | −$64M | −$15M | −$9M | $4M | −$524M | 13829% |
| Operating cash flow | $29M | $141M | $46M | $46M | $34M | 26% |
| Capex | $98M | $119M | $121M | $121M | $98M | 19% |
| Stock-based comp | $12M | $23M | $24M | $35M | $13M | 63% |
| Buybacks | $0 | $139M | $2M | $5M | $1M | 75% |
| Dividends | $42K | $48M | $24M | $24M | $12M | 50% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 25 | 137 |
| FY2024 | — | — | 58 | 131 |
| FY2023 | — | — | 61 | 70 |
| FY2022 | — | — | 111 | 112 |