v3.26.1
Net Loss per Share
 6 Months Ended
Jun. 28, 2026
Earnings Per Share [Abstract]  
Net Loss per Share Net (Loss)/Earnings per Share
The following table presents the calculations of basic and diluted EPS:
Quarter Ended
Two Quarters Ended
(in thousands, except per share amounts)June 28, 2026June 29, 2025June 28, 2026June 29, 2025
Net loss attributable to Krispy Kreme, Inc.
$(20,311)$(435,260)$(43,095)$(468,544)
Accretion to redemption value of redeemable noncontrolling interest
——(5,404)(4,290)
Net loss attributable to common shareholders - Basic$(20,311)$(435,260)$(48,499)$(472,834)
Additional income attributed to noncontrolling interest due to subsidiary potential common shares— — — — 
Net loss attributable to common shareholders - Diluted
$(20,311)$(435,260)$(48,499)$(472,834)
Basic weighted average common shares outstanding172,578 170,802 172,299 170,546 
Dilutive effect of outstanding common stock options, RSUs, and PSUs— — — — 
Diluted weighted average common shares outstanding172,578 170,802 172,299 170,546 
(Loss)/earnings per share attributable to common shareholders:
 
 
Basic$(0.12)$(2.55)$(0.28)$(2.77)
Diluted$(0.12)$(2.55)$(0.28)$(2.77)
Potential dilutive shares consist of unvested RSUs and PSUs, calculated using the treasury stock method. The calculation of dilutive shares outstanding excludes certain unvested RSUs granted under certain subsidiaries’ executive ownership plans and long-term incentive plans, because their inclusion would have been antidilutive. Refer to Note 11, Share-based Compensation, for further information about the plans.
The following table summarizes the gross number of potential dilutive unvested RSUs and PSUs excluded due to antidilution (unadjusted for the treasury stock method):
Quarter Ended Two Quarters Ended
June 28, 2026June 29, 2025June 28, 2026June 29, 2025
KKI11,930 8,513 11,930 8,513 
KK Australia— 74 — 74 
KK Mexico— 18 — 18 
For the quarter and two quarters ended June 28, 2026 and June 29, 2025, all 2.0 million and 2.6 million time-vested stock options, respectively, were excluded from the computation of diluted weighted average common shares outstanding based on application of the treasury stock method.