Krispy Kreme, Inc.
For the period ended Mar 29, 2026. Filed May 8, 2026.
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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.
Mar 29, 2026 · Filed May 8, 2026
DNUT$3.85-4.5%Stored close · as of Nov 10, 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 Cash Flows
Condensed Consolidated Statements of Cash Flows (Unaudited)
(in thousands)
| Quarter Ended | ||
|---|---|---|
| March 29, 2026 (13 weeks) | March 30, 2025 (13 weeks) | |
| CASH FLOWS PROVIDED BY/(USED FOR) OPERATING ACTIVITIES: | ||
| Net loss | $(22,673) | $(33,405) |
| Adjustments to reconcile net loss to net cash provided by/(used for) operating activities: | ||
| Depreciation and amortization expense | 32,115 | 33,901 |
| Deferred and other income taxes | (709) | (10,668) |
| Other asset impairments and lease termination charges | 1,889 | 162 |
| Loss on disposal of property and equipment | 458 | 189 |
| Gain on refranchising, net | (8,885) | — |
| Share-based compensation | 4,639 | 2,603 |
| Change in accounts and notes receivable allowances | 434 | 202 |
| Inventory write-off | (14) | 848 |
| Other | 533 | 1,225 |
| Change in operating assets and liabilities, excluding business acquisitions and divestitures, and foreign currency translation adjustments | 12,379 | (15,891) |
| Net cash provided by/(used for) operating activities | 20,166 | (20,834) |
| CASH FLOWS PROVIDED BY/(USED FOR) INVESTING ACTIVITIES: | ||
| Purchase of property and equipment | (8,784) | (25,897) |
| Proceeds from disposals of assets | 24 | — |
| Net proceeds from refranchising transactions | 111,411 | — |
| Purchase of minority interests | (2,600) | — |
| Other investing activities | — | 86 |
| Net cash provided by/(used for) investing activities | 100,051 | (25,811) |
| CASH FLOWS (USED FOR)/PROVIDED BY FINANCING ACTIVITIES: | ||
| Proceeds from the issuance of debt | 72,750 | 182,500 |
| Repayment of long-term debt and lease obligations | (159,679) | (115,622) |
| Proceeds from structured payables | 57,398 | 118,908 |
| Payments on structured payables | (58,650) | (142,868) |
| Capital contribution by shareholders, net of loans issued | 130 | — |
| Distribution to shareholders | — | (5,961) |
| Payments for repurchase and retirement of common stock | (402) | (123) |
| Distribution to noncontrolling interest | 350 | (36) |
| Net cash (used for)/provided by financing activities | (88,103) | 36,798 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | (297) | (301) |
| Net increase/(decrease) in cash, cash equivalents and restricted cash | 31,817 | (10,148) |
| Cash, cash equivalents and restricted cash at beginning of period | 42,891 | 29,315 |
| Cash, cash equivalents and restricted cash at end of period | $74,708 | $19,167 |
| Supplemental schedule of non-cash investing and financing activities: | ||
| Increase in accrual for property and equipment | $22,980 | $4,812 |
| Note receivable issued in connection with refranchising | (40,404) | — |
| Accrual for distribution to shareholders | — | (5,960) |
| Reconciliation of cash, cash equivalents and restricted cash at end of period: | ||
| Cash and cash equivalents | $74,218 | $18,722 |
| Restricted cash | 490 | 445 |
| Total cash, cash equivalents and restricted cash | $74,708 | $19,167 |
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