Krispy Kreme Reports Q2 2025 Net Loss of $441.1 Million; Revenue Declines 13.5% to $379.8 Million

Reuters
Aug 07
Krispy Kreme Reports <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Net Loss of $441.1 Million; Revenue Declines 13.5% to $379.8 Million

Krispy Kreme, Inc. (NASDAQ: DNUT) reported its financial results for the second quarter of 2025, ending on June 29. The company recorded net revenue of $379.8 million, marking a decline of approximately 13.5% compared to the same period in 2024. This decrease was primarily attributed to a $64.2 million reduction following the sale of a majority stake in Insomnia Cookies Holdings, LLC in the third quarter of fiscal 2024, with the remaining ownership stake sold during the second quarter of fiscal 2025. Organic revenue saw a slight decline of 0.8%, or $2.9 million. Krispy Kreme also reported a GAAP net loss of $441.1 million, which included non-cash goodwill and other asset impairment charges totaling $406.9 million. Adjusted EBITDA was $20.1 million, and cash used for operating activities amounted to $32.5 million. The company's Global Points of Access increased by 2,260, or 14.3%, to 18,113, although approximately 2,400 McDonald's doors were closed subsequent to the second quarter due to the termination of the agreement with McDonald's. Krispy Kreme outlined a turnaround plan focused on deleveraging the balance sheet and driving sustainable, profitable growth, emphasizing the need to maximize U.S. expansion and the adoption of a capital-light international franchise model.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Krispy Kreme Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250807544203) on August 07, 2025, and is solely responsible for the information contained therein.

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