NASDAQ$DNUT

Krispy Kreme Inc. · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

Krispy Kreme Inc. reported sharply lower Q2 2025 results driven by a large non-cash goodwill impairment charge.

The company recorded net revenues of $379.8 million for the 13-week quarter, down 13.5% year-over-year primarily due to the prior-year divestiture of Insomnia Cookies. A $406.9 million goodwill and asset impairment charge produced an operating loss of $434.6 million and a net loss of $441.1 million. Organic revenue declined 0.8% amid softer consumer demand and strategic DFD door closures.

  • Q2 net revenues fell 13.5% to $379.8 million, with organic revenue declining 0.8%.
  • Goodwill and other asset impairments of $406.9 million drove a $434.6 million operating loss.
  • U.S. segment Adjusted EBITDA margin contracted 700 basis points to 4.3% due to McDonald's USA partnership costs and lower volumes.
  • Global Points of Access reached 18,113, up 14.3% year-over-year, while the company terminated the McDonald's USA agreement effective July 2025.

Headline financials

Total Revenue

$380M

Previous: $439M-13.5%
EPS (adj)

-$2.55

Previous: -$0.03-8400.0%
Organic Revenue Growth

-0.8%

No prior period
Global Points of Access

18.1K

Previous: 15.9K+14.3%
Capital Expenditures

-$54.1M

Previous: -$60.7M+10.9%
Net Income

-$435M

Previous: -$5.49M-7826.8%
Operating Income

-$435M

Previous: $6.86M-6435.5%
Cash & Equivalents

$21.3M

Previous: $28.6M-25.7%

Revenue & EPS history

Krispy Kreme · Revenue · Quarterly

$380M

Q2 2025-13.5%vs Q2 2024
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Krispy Kreme · $380M total across 3 segments · Q2 2025

  • U.S.
    $230M
  • International
    $133M
  • Market Development
    $16.9M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

-0.8%

Avg return

Earnings day

+0.7%

Avg return

5 days after

-1.2%

Avg return

30 days after

50%

11 / 22 earnings

Positive

+27.4%

Q4 2025

Best reaction

-24.6%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026-1.1%-9.1%-3.8%
Q4 2025+27.4%+18.1%+8.0%
Q3 2025+3.2%+15.6%+13.8%
Q1 2025-24.6%-25.9%-32.6%
Q4 2024-21.9%-32.0%-39.9%
Q3 2024-8.0%-8.9%-17.6%
Q2 2024+15.0%+11.2%+25.3%
Q1 2024+2.4%-6.3%-16.4%
Q4 2023-7.2%-6.2%-14.2%
Q3 2023-4.6%-0.4%-2.6%
Q2 2023-10.1%-7.8%-8.9%
Q1 2023+0.7%-0.3%+0.7%
Q4 2022+10.9%+7.1%+16.2%
Q3 2022+2.7%+7.5%-6.1%
Q2 2022-13.9%-18.1%-16.0%
Q1 2022+7.2%+18.3%+10.1%
Q4 2019-4.1%+3.6%-1.4%
Q4 2021+4.0%+8.7%+9.7%
Q3 2020+10.2%+10.6%+19.6%
Q3 2021-1.3%+6.6%+10.0%
Q2 2020+6.2%+19.2%+8.3%
Q2 2021-10.6%+3.1%+12.0%
Q1 2021
Q4 2020
Q1 2020
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2012
Q4 2011
Q3 2011

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro