Krispy Kreme, Inc.
For the period ended Sep 27, 2026. Filed Nov 5, 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.
Sep 27, 2026 · Filed Nov 5, 2026
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 Cash Flows
Condensed Consolidated Statements of Cash Flows (Unaudited)
(in thousands)
| Three Quarters Ended | ||
|---|---|---|
| September 27, 2026 (39 weeks) | September 28, 2025 (39 weeks) | |
| CASH FLOWS PROVIDED BY/(USED FOR) OPERATING ACTIVITIES: | ||
| Net loss | $(55,819) | $(494,654) |
| Adjustments to reconcile net loss to net cash provided by/(used for) operating activities: | ||
| Depreciation and amortization expense | 85,850 | 103,129 |
| Deferred and other income taxes | (13,473) | (37,396) |
| Goodwill impairment | — | 355,958 |
| Other asset impairments and lease termination charges | 12,535 | 55,941 |
| Loss on disposal of property and equipment | 1,850 | 1,466 |
| Loss on divestiture of Insomnia Cookies | — | 11,501 |
| Gain on refranchising, net | (8,885) | (1,063) |
| Gain on acquisition of equity method investment | (416) | — |
| Gain on sale-leaseback | — | (6,749) |
| Share-based compensation | 12,702 | 8,011 |
| Change in accounts and notes receivable allowances | 3,825 | 1,080 |
| Inventory write-off | (265) | 6,418 |
| Other | 882 | 317 |
| Change in operating assets and liabilities, excluding business acquisitions and divestitures, and foreign currency translation adjustments: | ||
| Accounts receivable | (28,079) | 11,426 |
| Inventories | (10,138) | (20,074) |
| Accounts payable | (8,334) | 3,627 |
| Other current and non-current assets | 37,572 | 10,721 |
| Operating lease assets and liabilities | (7,620) | (852) |
| Accrued liabilities | 16,554 | (21,305) |
| Other long-term obligations and deferred credits | (20,071) | 1,403 |
| Net cash provided by/(used for) operating activities | 18,670 | (11,095) |
| CASH FLOWS PROVIDED BY INVESTING ACTIVITIES: | ||
| Purchase of property and equipment | (28,639) | (80,844) |
| Proceeds from disposals of assets | 256 | — |
| Proceeds from sale-leaseback | — | 10,882 |
| Net proceeds from refranchising transactions | 111,411 | — |
| Purchase/proceeds of equity method investment | 546 | (2,998) |
| Purchase of minority interests | (2,600) | — |
| Net proceeds from divestiture of Insomnia Cookies | — | 75,000 |
| Principal payments received from loans to franchisees | — | 1,202 |
| Purchase of redeemable noncontrolling interest | (25,106) | — |
| Other investing activities | — | 177 |
| Net cash provided by investing activities | 55,868 | 3,419 |
| CASH FLOWS (USED FOR)/PROVIDED BY FINANCING ACTIVITIES: | ||
| Proceeds from the issuance of debt | 230,800 | 661,026 |
| Repayment of long-term debt and lease obligations | (339,996) | (606,581) |
| Payment of financing costs | — | (825) |
| Proceeds from structured payables | 183,989 | 242,350 |
| Payments on structured payables | (161,302) | (270,418) |
| Capital contribution by shareholders, net of loans issued | 260 | — |
| Distribution to shareholders | — | (11,934) |
| Payments for repurchase and retirement of common stock | (735) | (1,184) |
| Distribution to noncontrolling interest | 219 | (36) |
| Net cash (used for)/provided by financing activities | (86,765) | 12,398 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | 104 | (2,885) |
| Net (decrease)/increase in cash, cash equivalents and restricted cash | (12,123) | 1,837 |
| Cash, cash equivalents and restricted cash at beginning of period | 42,891 | 29,315 |
| Cash, cash equivalents and restricted cash at end of period | $30,768 | $31,152 |
| Supplemental schedule of non-cash investing and financing activities: | ||
| Increase in accrual for property and equipment | $22,367 | $(12,363) |
| Note receivable issued in connection with refranchising | (40,404) | — |
| Reconciliation of cash, cash equivalents and restricted cash at end of period: | ||
| Cash and cash equivalents | $30,293 | $30,707 |
| Restricted cash | 475 | 445 |
| Total cash, cash equivalents and restricted cash | $30,768 | $31,152 |
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