v3.25.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 28, 2025
Dec. 29, 2024
Current assets:    
Cash and cash equivalents $ 42,390 $ 28,962
Restricted cash 501 353
Accounts receivable, net 61,611 67,722
Inventories 26,877 28,133
Taxes receivable 10,854 16,155
Current assets held for sale 13,294 0
Prepaid expense and other current assets 18,927 31,615
Total current assets 174,454 172,940
Property and equipment, net 460,935 511,139
Goodwill, net 712,264 1,047,581
Other intangible assets, net 797,749 819,934
Operating lease right of use asset, net 395,523 409,869
Investments in unconsolidated entities 7,413 91,070
Noncurrent assets held for sale 31,056 0
Other assets 13,565 19,497
Total assets 2,592,959 3,072,030
Current liabilities:    
Current portion of long-term debt 65,977 56,356
Current operating lease liabilities 51,213 46,620
Accounts payable 134,384 123,316
Accrued liabilities 99,805 124,212
Current liabilities held for sale 13,535 0
Structured payables 92,366 135,668
Total current liabilities 457,280 486,172
Long-term debt, less current portion 911,852 844,547
Noncurrent operating lease liabilities 395,895 405,366
Deferred income taxes, net 96,236 130,745
Noncurrent liabilities held for sale 11,816 0
Other long-term obligations and deferred credits 42,919 40,768
Total liabilities 1,915,998 1,907,598
Commitments and contingencies
Redeemable noncontrolling interest 24,181 27,297
Total mezzanine equity 24,181 27,297
Shareholders’ equity:    
Common stock, $0.01 par value; 300,000 shares authorized as of both December 28, 2025 and December 29, 2024; 171,555 and 170,060 shares issued and outstanding as of December 28, 2025 and December 29, 2024, respectively 1,716 1,701
Additional paid-in capital 1,473,644 1,466,508
Shareholder note receivable (1,791) (1,906)
Accumulated other comprehensive loss, net of income tax (2,059) (32,128)
Retained deficit (821,387) (299,638)
Total shareholders’ equity attributable to Krispy Kreme, Inc. 650,123 1,134,537
Noncontrolling interest 2,657 2,598
Total shareholders’ equity 652,780 1,137,135
Total liabilities, mezzanine equity, and shareholders’ equity $ 2,592,959 $ 3,072,030