Financial Snapshot

Revenue
$1.669B
TTM
Gross Margin
31.04%
TTM
Net Earnings
-$14.92M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
34.56%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$1.209B
Q3 2024
Cash
Q3 2024
P/E
-122.3
Nov 29, 2024 EST
Free Cash Flow
-$104.7M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $1.530B $1.384B $1.122B $1.122B $959.4M $795.9M
YoY Change 10.51% 23.38% 0.0% 16.95% 20.55%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018
Revenue $1.530B $1.384B $1.122B $1.122B $959.4M $795.9M
Cost Of Revenue $1.025B $981.9M $795.8M $795.8M $650.0M $542.4M
Gross Profit $504.6M $402.5M $326.2M $326.2M $309.4M $253.5M
Gross Profit Margin 32.98% 29.08% 29.07% 29.07% 32.25% 31.85%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018
Selling, General & Admin $223.2M $222.4M $182.3M $219.4M $161.5M $160.9M
YoY Change 0.36% 21.98% -16.9% 35.89% 0.32%
% of Gross Profit 44.24% 55.25% 55.89% 67.26% 52.19% 63.49%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $110.3M $101.6M $80.40M $80.40M $63.77M $49.45M
YoY Change 8.52% 26.38% 0.0% 26.08% 28.96%
% of Gross Profit 21.85% 25.24% 24.65% 24.65% 20.61% 19.51%
Operating Expenses $223.2M $222.4M $182.3M $321.7M $161.5M $216.7M
YoY Change 0.36% 21.98% -43.33% 99.25% -25.49%
Operating Profit $28.98M $41.10M $4.280M $4.500M $38.00M $36.77M
YoY Change -29.5% 860.33% -4.89% -88.16% 3.35%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018
Interest Expense -$34.10M -$43.01M -$57.21M -$57.20M -$58.47M -$46.78M
YoY Change -20.71% -24.82% 0.02% -2.16% 24.97%
% of Operating Profit -117.69% -104.64% -1336.66% -1271.11% -153.86% -127.23%
Other Income/Expense, Net -$3.036M -$2.191M $1.101M $400.0K $609.0K -$5.443M
YoY Change 38.57% -299.0% 175.25% -34.32% -111.19%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018
Pretax Income -$8.163M -$4.098M -$51.83M -$51.80M -$21.42M -$17.76M
YoY Change 99.19% -92.09% 0.05% 141.78% 20.65%
Income Tax $612.0K $10.75M $9.112M $9.100M $12.58M -$5.318M
% Of Pretax Income
Net Earnings -$15.62M -$24.51M -$64.30M -$64.30M -$37.41M -$14.07M
YoY Change -36.25% -61.89% 0.0% 71.88% 165.84%
Net Earnings / Revenue -1.02% -1.77% -5.73% -5.73% -3.9% -1.77%
Basic Earnings Per Share -$0.10 -$0.18 -$0.52 -$0.30
Diluted Earnings Per Share -$0.10 -$0.18 -$0.52 -$0.39 -$0.30 -$86.02K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $35.37M $38.56M $38.51M $38.50M $37.40M
YoY Change -8.27% 0.14% 0.02% 2.95%
Cash & Equivalents $35.37M $38.56M $37.46M $37.50M $35.37M
Short-Term Investments $0.00 $1.048M $1.000M $2.022M
Other Short-Term Assets $27.31M $21.33M $12.72M $12.70M $9.563M
YoY Change 28.04% 67.76% 0.12% 32.8%
Inventory $46.24M $34.85M $38.52M $38.50M $22.56M
Prepaid Expenses
Receivables $40.83M $41.56M $40.04M $40.00M $34.68M
Other Receivables $28.53M $20.60M $34.31M $34.40M $13.67M
Total Short-Term Assets $178.3M $156.9M $164.1M $164.1M $117.9M
YoY Change 13.62% -4.39% 0.0% 39.22%
Property, Plant & Equipment $889.7M $874.1M $794.9M $794.9M $708.7M
YoY Change 1.79% 9.96% 0.01% 12.16%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $26.53M $16.43M $17.40M $17.40M $13.48M
YoY Change 61.47% -5.58% -0.01% 29.11%
Total Long-Term Assets $2.970B $2.988B $2.897B $2.897B $2.757B
YoY Change -0.61% 3.16% 0.0% 5.08%
Total Assets $3.149B $3.145B $3.061B $3.061B $2.875B
YoY Change
Accounts Payable $328.9M $298.5M $286.0M $286.0M $208.6M
YoY Change 10.18% 4.37% -0.01% 37.08%
Accrued Expenses $147.6M $191.1M $170.6M $170.6M $127.5M
YoY Change -22.77% 12.0% 0.02% 33.8%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $40.03M $36.58M $41.25M $41.20M $46.36M
YoY Change 9.43% -11.3% 0.11% -11.13%
Total Short-Term Liabilities $516.5M $526.2M $497.8M $497.8M $382.5M
YoY Change -1.84% 5.69% 0.01% 30.14%
Long-Term Debt $739.1M $680.3M $1.130B $1.130B $1.054B
YoY Change 8.64% -39.82% 0.0% 7.26%
Other Long-Term Liabilities $451.0M $457.7M $439.5M $439.5M $402.1M
YoY Change -1.46% 4.13% 0.01% 9.31%
Total Long-Term Liabilities $1.190B $1.138B $1.570B $1.570B $1.456B
YoY Change 4.57% -27.51% 0.0% 7.82%
Total Liabilities $1.952B $1.914B $2.376B $2.376B $2.140B
YoY Change 2.01% -19.47% 0.0% 11.05%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 167.5M shares 147.7M shares 125.0M shares 125.0M shares
Diluted Shares Outstanding 167.5M shares 147.7M shares 125.0M shares 125.0M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $1.8241 Billion

About Krispy Kreme, Inc.

Krispy Kreme, Inc. produces and distributes doughnuts. The company is headquartered in Charlotte, North Carolina and currently employs 22,800 full-time employees. The company went IPO on 2021-07-01. The firm operates through three segments: U.S., International, and Market Development. The U.S. segment includes all its Company-owned operations in the U.S., including its Krispy Kreme-branded shops, DFD, and the recently exited Branded Sweet Treats business. The International segment includes all its Krispy Kreme Company-owned operations in the U.K., Ireland, Australia, New Zealand, and Mexico. The Market Development segment includes its franchise operations across the globe, as well as its Company-owned operations in Japan and Canada. The firm operates in approximately 35 countries through its network of fresh doughnut shops, partnerships with retailers, ecommerce, and delivery business.

Industry: Retail-Food Stores Peers: Bloomin' Brands, Inc. CRACKER BARREL OLD COUNTRY STORE, INC Dutch Bros Inc. MCDONALDS CORP PAPA JOHNS INTERNATIONAL INC Portillo's Inc. Shake Shack Inc. Sweetgreen, Inc. Wendy's Co Wingstop Inc.