Krispy Kreme Inc
For the period ended Sep 29, 2024. Filed Nov 8, 2024.
View on SEC.govAbout this filing
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$4.03-3.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Changes in Shareholders’ Equity
Condensed Consolidated Statements of Changes in Shareholders’ Equity (Unaudited)
| Common Stock · AdditionalPaid-inCapital · ShareholderNoteReceivable · Accumulated Other Comprehensive Income/(Loss) · Retained(Deficit)/Earnings · NoncontrollingInterest · Total | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| SharesOutstanding · Amount · ForeignCurrencyTranslationAdjustment · UnrealizedIncome/(Loss) onCash FlowHedges · Unrealized Loss on EmployeeBenefit Plans | ||||||||||
| Balance at December 31, 2023 | 168,628 | $1,686 | $1,443,591 | $(3,850) | $1,985 | $5,629 | $(368) | $(278,990) | $94,100 | $1,263,783 |
| Net (loss)/income for the quarter ended March 31, 2024 | — | — | — | — | — | — | — | (8,534) | 1,871 | (6,663) |
| Other comprehensive (loss)/income for the quarter ended March 31, 2024 before reclassifications | — | — | — | — | (5,770) | 367 | — | — | (299) | (5,702) |
| Reclassification from AOCI | — | — | — | — | — | (3,051) | — | — | — | (3,051) |
| Capital contribution by shareholders, net of loans issued | — | — | — | 232 | — | — | — | — | — | 232 |
| Share-based compensation | — | — | 6,986 | — | — | — | — | — | — | 6,986 |
| Dividends declared on common stock and equivalents ($0.035 per share) | — | — | — | — | — | — | — | (5,905) | — | (5,905) |
| Distribution to noncontrolling interest | — | — | — | — | — | — | — | — | (977) | (977) |
| Issuance of common stock upon settlement of RSUs, net of shares withheld | 103 | 1 | (805) | — | — | — | — | — | — | (804) |
| Other | — | — | 1 | (11) | — | — | — | (1) | (1) | (12) |
| Balance at March 31, 2024 | 168,731 | $1,687 | $1,449,773 | $(3,629) | $(3,785) | $2,945 | $(368) | $(293,430) | $94,694 | $1,247,887 |
| Net (loss)/income for the quarter ended June 30, 2024 | — | — | — | — | — | — | — | (5,491) | 560 | (4,931) |
| Other comprehensive loss for the quarter ended June 30, 2024 before reclassifications | — | — | — | — | (7,882) | (488) | — | — | (62) | (8,432) |
| Reclassification from AOCI | — | — | — | — | — | (3,016) | — | — | — | (3,016) |
| Capital contribution from shareholders, net of loans issued | — | — | — | 687 | — | — | — | — | — | 687 |
| Share-based compensation | — | — | 7,648 | — | — | — | — | — | — | 7,648 |
| Dividends declared on common stock and equivalents ($0.035 per share) | — | — | — | — | — | — | — | (5,919) | — | (5,919) |
| Distribution to noncontrolling interest | — | — | — | 105 | — | — | — | — | (1,274) | (1,169) |
| Issuance of common stock upon settlement of RSUs, net of shares withheld | 626 | 6 | (3,477) | — | — | — | — | — | — | (3,471) |
| Other | — | 1 | — | (28) | — | — | — | — | — | (27) |
| Balance at June 30, 2024 | 169,357 | $1,694 | $1,453,944 | $(2,865) | $(11,667) | $(559) | $(368) | $(304,840) | $93,918 | $1,229,257 |
| Net income/(loss) for the quarter ended September 29, 2024 | — | — | — | — | — | — | — | 39,563 | (1,991) | 37,572 |
| Other comprehensive income/(loss) for the quarter ended September 29, 2024 before reclassifications | — | — | — | — | 12,892 | (8,671) | — | — | 226 | 4,447 |
| Reclassification from AOCI | — | — | — | — | — | (903) | — | — | — | (903) |
| Share-based compensation | — | — | 9,969 | — | — | — | — | — | — | 9,969 |
| Purchase of shares by noncontrolling interest | — | — | — | — | — | — | — | — | 364 | 364 |
| Dividends declared on common stock and equivalents ($0.035 per share) (1) | — | — | — | — | — | — | — | (5,960) | — | (5,960) |
| Noncontrolling interest from divestiture of Insomnia Cookies | — | — | — | 945 | — | — | — | — | (33,579) | (32,634) |
| Distribution to noncontrolling interest | — | — | (3,414) | — | — | — | — | — | (29,475) | (32,889) |
| Issuance of common stock upon settlement of RSUs, net of shares withheld | 442 | 4 | (95) | — | — | — | — | — | — | (91) |
| Other | — | — | 12 | (4) | — | — | — | (1) | 1 | 8 |
| Balance at September 29, 2024 | 169,799 | $1,698 | $1,460,416 | $(1,924) | $1,225 | $(10,133) | $(368) | $(271,238) | $29,464 | $1,209,140 |
(1)Includes a $0.035 cash dividend per common share declared in the third quarter of fiscal 2024 and paid in the fourth quarter of fiscal 2024.
Condensed Consolidated Statements of Changes in Shareholders’ Equity (Unaudited)
| Common Stock · AdditionalPaid-inCapital · ShareholderNoteReceivable · Accumulated Other Comprehensive Income/(Loss) · Retained(Deficit)/Earnings · NoncontrollingInterest · Total | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| SharesOutstanding · Amount · ForeignCurrencyTranslationAdjustment · UnrealizedIncome/(Loss) onCash FlowHedges · Unrealized Loss on EmployeeBenefit Plans | ||||||||||
| Balance at January 1, 2023 | 168,137 | $1,681 | $1,426,105 | $(4,813) | $(23,028) | $14,251 | $(374) | $(217,490) | $102,543 | $1,298,875 |
| Net (loss)/income for the quarter ended April 2, 2023 | — | — | — | — | — | — | — | (301) | 1,945 | 1,644 |
| Other comprehensive income/(loss) for the quarter ended April 2, 2023 before reclassifications | — | — | — | — | 11,200 | (781) | — | — | (108) | 10,311 |
| Reclassification from AOCI | — | — | — | — | — | (2,186) | — | — | — | (2,186) |
| Share-based compensation | — | — | 5,545 | — | — | — | — | — | — | 5,545 |
| Dividends declared on common stock and equivalents ($0.035 per share) | — | — | — | — | — | — | — | (5,884) | — | (5,884) |
| Distribution to noncontrolling interest | — | — | — | — | — | — | — | — | (1,139) | (1,139) |
| Issuance of common stock upon settlement of RSUs, net of shares withheld | 39 | 1 | (1) | — | — | — | — | — | — | — |
| Other | — | — | — | (17) | — | — | — | 1 | — | (16) |
| Balance at April 2, 2023 | 168,176 | $1,682 | $1,431,649 | $(4,830) | $(11,828) | $11,284 | $(374) | $(223,674) | $103,241 | $1,307,150 |
| Net income/(loss) for the quarter ended July 2, 2023 | — | — | — | — | — | — | — | 223 | (139) | 84 |
| Other comprehensive income for the quarter ended July 2, 2023 before reclassifications | — | — | — | — | 8,231 | 918 | — | — | 1,063 | 10,212 |
| Reclassification from AOCI | — | — | — | — | — | (446) | — | — | — | (446) |
| Capital contribution by shareholders, net of loans issued | — | — | — | 631 | — | — | — | — | — | 631 |
| Share-based compensation | — | — | 4,824 | — | — | — | — | — | — | 4,824 |
| Dividends declared on common stock and equivalents ($0.035 per share) | — | — | — | — | — | — | — | (5,889) | — | (5,889) |
| Distribution to noncontrolling interest | — | — | (4,176) | 426 | — | — | — | — | (6,357) | (10,107) |
| Issuance of common stock upon settlement of RSUs, net of shares withheld | 8 | — | (147) | — | — | — | — | — | — | (147) |
| Other | — | — | — | (36) | (1) | — | — | — | — | (37) |
| Balance at July 2, 2023 | 168,184 | $1,682 | $1,432,150 | $(3,809) | $(3,598) | $11,756 | $(374) | $(229,340) | $97,808 | $1,306,275 |
| Net (loss)/income for the quarter ended October 1, 2023 | — | — | — | — | — | — | — | (40,457) | 199 | (40,258) |
| Other comprehensive (loss)/income for the quarter ended October 1, 2023 before reclassifications | — | — | — | — | (12,686) | 331 | — | — | (148) | (12,503) |
| Reclassification from AOCI | — | — | — | — | — | (2,946) | — | — | — | (2,946) |
| Share-based compensation | — | — | 7,452 | — | — | — | — | — | — | 7,452 |
| Dividends declared on common stock and equivalents ($0.035 per share) | — | — | — | — | — | — | — | (5,901) | — | (5,901) |
| Distribution to noncontrolling interest | — | — | (649) | — | — | — | — | — | (988) | (1,637) |
| Issuance of common stock upon settlement of RSUs, net of shares withheld | 410 | 4 | (1,466) | — | — | — | — | — | — | (1,462) |
| Other | — | — | 1 | (11) | 1 | — | — | — | (1) | (10) |
| Balance at October 1, 2023 | 168,594 | $1,686 | $1,437,488 | $(3,820) | $(16,283) | $9,141 | $(374) | $(275,698) | $96,870 | $1,249,010 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.