Krispy Kreme Inc
For the period ended Jun 30, 2024. Filed Aug 8, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 8, 2024
DNUT$3.85-4.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
Condensed Consolidated Statements of Operations (Unaudited)
| Quarter Ended · Two Quarters Ended | ||||
|---|---|---|---|---|
| June 30,2024 (13 weeks) | July 2,2023 (13 weeks) | June 30,2024 (26 weeks) | July 2,2023 (26 weeks) | |
| Net revenues | ||||
| Product sales | $429,411 | $400,348 | $862,923 | $811,022 |
| Royalties and other revenues | 9,398 | 8,534 | 18,584 | 16,810 |
| Total net revenues | 438,809 | 408,882 | 881,507 | 827,832 |
| Product and distribution costs | 107,846 | 111,106 | 214,861 | 228,939 |
| Operating expenses | 212,504 | 189,165 | 417,699 | 380,573 |
| Selling, general and administrative expense | 64,466 | 62,582 | 136,040 | 124,050 |
| Marketing expenses | 12,416 | 9,770 | 24,531 | 19,623 |
| Pre-opening costs | 967 | 1,104 | 2,072 | 1,868 |
| Other (income)/expenses, net | (849) | 314 | (649) | (4,949) |
| Depreciation and amortization expense | 34,600 | 29,196 | 68,186 | 57,135 |
| Operating income | 6,859 | 5,645 | 18,767 | 20,593 |
| Interest expense, net | 14,452 | 12,063 | 28,188 | 24,051 |
| Other non-operating expense, net | 949 | 1,061 | 1,522 | 2,060 |
| Loss before income taxes | (8,542) | (7,479) | (10,943) | (5,518) |
| Income tax (benefit)/expense | (3,611) | (7,563) | 651 | (7,246) |
| Net (loss)/income | (4,931) | 84 | (11,594) | 1,728 |
| Net income/(loss) attributable to noncontrolling interest | 560 | (139) | 2,431 | 1,806 |
| Net (loss)/income attributable to Krispy Kreme, Inc. | $(5,491) | $223 | $(14,025) | $(78) |
| Net (loss)/income per share: | ||||
| Common stock — Basic | $(0.03) | $0.00 | $(0.08) | $0.00 |
| Common stock — Diluted | $(0.03) | $0.00 | $(0.08) | $0.00 |
| Weighted average shares outstanding: | ||||
| Basic | 169,095 | 168,184 | 168,890 | 168,162 |
| Diluted | 169,095 | 170,659 | 168,890 | 168,162 |
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