Krispy Kreme Inc
For the period ended Sep 29, 2024. Filed Nov 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.
Sep 29, 2024 · Filed Nov 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 Balance Sheets
| As of | ||
|---|---|---|
| (Unaudited) September 29,2024 | December 31,2023 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $25,410 | $38,185 |
| Restricted cash | 474 | 429 |
| Accounts receivable, net | 62,019 | 59,362 |
| Inventories | 31,486 | 34,716 |
| Taxes receivable | 19,406 | 15,526 |
| Prepaid expense and other current assets | 25,531 | 25,363 |
| Total current assets | 164,326 | 173,581 |
| Property and equipment, net | 489,782 | 538,220 |
| Goodwill | 1,060,393 | 1,101,939 |
| Other intangible assets, net | 831,735 | 946,349 |
| Operating lease right of use asset, net | 409,425 | 456,964 |
| Investments in unconsolidated entities | 91,033 | 2,806 |
| Other assets | 18,430 | 20,733 |
| Total assets | $3,065,124 | $3,240,592 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Current portion of long-term debt | $47,577 | $54,631 |
| Current operating lease liabilities | 45,767 | 50,365 |
| Accounts payable | 123,125 | 156,488 |
| Accrued liabilities | 119,832 | 134,005 |
| Structured payables | 139,170 | 130,104 |
| Total current liabilities | 475,471 | 525,593 |
| Long-term debt, less current portion | 804,638 | 836,615 |
| Noncurrent operating lease liabilities | 406,726 | 454,583 |
| Deferred income taxes, net | 119,291 | 123,925 |
| Other long-term obligations and deferred credits | 49,858 | 36,093 |
| Total liabilities | 1,855,984 | 1,976,809 |
| Commitments and contingencies | ||
| Shareholders’ equity: | ||
| Common stock, $0.01 par value; 300,000 shares authorized as of both September 29, 2024 and December 31, 2023; 169,799 and 168,628 shares issued and outstanding as of September 29, 2024 and December 31, 2023, respectively | 1,698 | 1,686 |
| Additional paid-in capital | 1,460,416 | 1,443,591 |
| Shareholder note receivable | (1,924) | (3,850) |
| Accumulated other comprehensive (loss)/income, net of income tax | (9,276) | 7,246 |
| Retained deficit | (271,238) | (278,990) |
| Total shareholders’ equity attributable to Krispy Kreme, Inc. | 1,179,676 | 1,169,683 |
| Noncontrolling interest | 29,464 | 94,100 |
| Total shareholders’ equity | 1,209,140 | 1,263,783 |
| Total liabilities and shareholders’ equity | $3,065,124 | $3,240,592 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.