10-Q Filing

Krispy Kreme, Inc. CIK: 1857154 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001857154-23-000088`
Period End Date	20230630
Filing Date	20230810
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	dnut-20230702_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 82 Cash Flow Statement 104 Stockholders Equity 61 Comprehensive Income 42

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$35.37M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	168.14M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	168.18M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$25.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$26.64M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	168.18M	shares	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$359.00K	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$411.00K	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$339.00K	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	168.14M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$49.38M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$51.09M	USD	Point-in-time
Inventories	`InventoryNet`	$33.98M	USD	Point-in-time
Inventories	`InventoryNet`	$46.24M	USD	Point-in-time
Taxes receivable	`IncomeTaxesReceivable`	$18.26M	USD	Point-in-time
Taxes receivable	`IncomeTaxesReceivable`	$17.35M	USD	Point-in-time
Prepaid expense and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$31.64M	USD	Point-in-time
Prepaid expense and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$26.95M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$159.32M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$178.27M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$472.36M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$492.23M	USD	Point-in-time
Goodwill	`Goodwill`	$1.10B	USD	Point-in-time
Goodwill	`Goodwill`	$1.09B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$966.09M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$960.09M	USD	Point-in-time
Operating lease right of use asset, net	`OperatingLeaseRightOfUseAsset`	$443.28M	USD	Point-in-time
Operating lease right of use asset, net	`OperatingLeaseRightOfUseAsset`	$417.38M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$19.83M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$26.53M	USD	Point-in-time
Total assets	`Assets`	$3.17B	USD	Point-in-time
Total assets	`Assets`	$3.15B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$40.03M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$40.72M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$42.93M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$43.16M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$225.28M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$216.41M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$96.20M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$104.42M	USD	Point-in-time
Structured payables	`StructuredPayablesCurrent`	$103.58M	USD	Point-in-time
Structured payables	`StructuredPayablesCurrent`	$50.45M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$516.47M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$446.71M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$739.05M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$814.48M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$439.10M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$412.76M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$143.12M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$134.13M	USD	Point-in-time
Other long-term obligations and deferred credits	`DeferredCreditsAndOtherLiabilitiesNoncurrent`	$33.45M	USD	Point-in-time
Other long-term obligations and deferred credits	`DeferredCreditsAndOtherLiabilitiesNoncurrent`	$38.26M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.87B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.85B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.01 par value; 300,000 shares authorized as of both July 2, 2023 and January 1, 2023; 168,184 and 168,137 shares issued and outstanding as of July 2, 2023 and January 1, 2023, respectively	`CommonStockValue`	$1.68M	USD	Point-in-time
Common stock, $0.01 par value; 300,000 shares authorized as of both July 2, 2023 and January 1, 2023; 168,184 and 168,137 shares issued and outstanding as of July 2, 2023 and January 1, 2023, respectively	`CommonStockValue`	$1.68M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.43B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.43B	USD	Point-in-time
Shareholder note receivable	`ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock`	$3.81M	USD	Point-in-time
Shareholder note receivable	`ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock`	$4.81M	USD	Point-in-time
Accumulated other comprehensive income/(loss), net of income tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$7.78M	USD	Point-in-time
Accumulated other comprehensive income/(loss), net of income tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-9.15M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-229.34M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-217.49M	USD	Point-in-time
Total shareholders equity attributable to Krispy Kreme, Inc.	`StockholdersEquity`	$1.21B	USD	Point-in-time
Total shareholders equity attributable to Krispy Kreme, Inc.	`StockholdersEquity`	$1.20B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$97.81M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$102.54M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.31B	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.31B	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.36B	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.30B	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.34B	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.31B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$3.17B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$3.15B	USD	Point-in-time

Income Statement 82 line items

Line Item	Tag	Value	Unit	Period
Total net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$375.25M	USD	1 Quarter
Total net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$408.88M	USD	1 Quarter
Total net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$827.83M	USD	2 Qtrs
Total net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$747.78M	USD	2 Qtrs
Product and distribution costs	`ProductionAndDistributionCosts`	$100.56M	USD	1 Quarter
Product and distribution costs	`ProductionAndDistributionCosts`	$196.67M	USD	2 Qtrs
Product and distribution costs	`ProductionAndDistributionCosts`	$228.94M	USD	2 Qtrs
Product and distribution costs	`ProductionAndDistributionCosts`	$111.11M	USD	1 Quarter
Operating expenses	`OtherCostAndExpenseOperating`	$173.94M	USD	1 Quarter
Operating expenses	`OtherCostAndExpenseOperating`	$342.67M	USD	2 Qtrs
Operating expenses	`OtherCostAndExpenseOperating`	$380.57M	USD	2 Qtrs
Operating expenses	`OtherCostAndExpenseOperating`	$189.16M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$62.58M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$105.47M	USD	2 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$51.75M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$124.05M	USD	2 Qtrs
Marketing expenses	`MarketingExpense`	$9.77M	USD	1 Quarter
Marketing expenses	`MarketingExpense`	$19.62M	USD	2 Qtrs
Marketing expenses	`MarketingExpense`	$11.21M	USD	1 Quarter
Marketing expenses	`MarketingExpense`	$21.37M	USD	2 Qtrs
Pre-opening costs	`PreOpeningCosts`	$1.10M	USD	1 Quarter
Pre-opening costs	`PreOpeningCosts`	$985.00K	USD	1 Quarter
Pre-opening costs	`PreOpeningCosts`	$1.87M	USD	2 Qtrs
Pre-opening costs	`PreOpeningCosts`	$2.31M	USD	2 Qtrs
Other expenses/(income), net	`OtherOperatingIncomeExpenseNet`	$-1.47M	USD	1 Quarter
Other expenses/(income), net	`OtherOperatingIncomeExpenseNet`	$1.16M	USD	2 Qtrs
Other expenses/(income), net	`OtherOperatingIncomeExpenseNet`	$4.95M	USD	2 Qtrs
Other expenses/(income), net	`OtherOperatingIncomeExpenseNet`	$-314.00K	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$57.13M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$55.66M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$29.20M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$27.81M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$24.80M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$5.64M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$20.59M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$7.51M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNetExcludingRelatedParty`	$14.94M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNetExcludingRelatedParty`	$12.06M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNetExcludingRelatedParty`	$7.59M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNetExcludingRelatedParty`	$24.05M	USD	2 Qtrs
Other non-operating expense, net	`OtherNonoperatingIncomeExpense`	$-435.00K	USD	2 Qtrs
Other non-operating expense, net	`OtherNonoperatingIncomeExpense`	$-1.06M	USD	1 Quarter
Other non-operating expense, net	`OtherNonoperatingIncomeExpense`	$-756.00K	USD	1 Quarter
Other non-operating expense, net	`OtherNonoperatingIncomeExpense`	$-2.06M	USD	2 Qtrs
(Loss)/income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-5.52M	USD	2 Qtrs
(Loss)/income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$9.42M	USD	2 Qtrs
(Loss)/income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-7.48M	USD	1 Quarter
(Loss)/income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-834.00K	USD	1 Quarter
Income tax (benefit)/expense	`IncomeTaxExpenseBenefit`	$-7.25M	USD	2 Qtrs
Income tax (benefit)/expense	`IncomeTaxExpenseBenefit`	$5.37M	USD	2 Qtrs
Income tax (benefit)/expense	`IncomeTaxExpenseBenefit`	$1.57M	USD	1 Quarter
Income tax (benefit)/expense	`IncomeTaxExpenseBenefit`	$-7.56M	USD	1 Quarter
Net income/(loss)	`ProfitLoss`	$1.64M	USD	1 Quarter
Net income/(loss)	`ProfitLoss`	$6.46M	USD	1 Quarter
Net income/(loss)	`ProfitLoss`	$4.05M	USD	2 Qtrs
Net income/(loss)	`ProfitLoss`	$1.73M	USD	2 Qtrs
Net income/(loss)	`ProfitLoss`	$-2.41M	USD	1 Quarter
Net income/(loss)	`ProfitLoss`	$84.00K	USD	1 Quarter
Net (loss)/income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.90M	USD	2 Qtrs
Net (loss)/income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-139.00K	USD	1 Quarter
Net (loss)/income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.44M	USD	1 Quarter
Net (loss)/income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.81M	USD	2 Qtrs
Net income/(loss) attributable to Krispy Kreme, Inc.	`NetIncomeLoss`	$153.00K	USD	2 Qtrs
Net income/(loss) attributable to Krispy Kreme, Inc.	`NetIncomeLoss`	$-78.00K	USD	2 Qtrs
Net income/(loss) attributable to Krispy Kreme, Inc.	`NetIncomeLoss`	$-3.85M	USD	1 Quarter
Net income/(loss) attributable to Krispy Kreme, Inc.	`NetIncomeLoss`	$223.00K	USD	1 Quarter
Common stock Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.02	USD	1 Quarter
Common stock Basic (in dollars per share)	`EarningsPerShareBasic`	-	USD	2 Qtrs
Common stock Basic (in dollars per share)	`EarningsPerShareBasic`	-	USD	2 Qtrs
Common stock Basic (in dollars per share)	`EarningsPerShareBasic`	-	USD	1 Quarter
Common stock Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.02	USD	1 Quarter
Common stock Diluted (in dollars per share)	`EarningsPerShareDiluted`	-	USD	1 Quarter
Common stock Diluted (in dollars per share)	`EarningsPerShareDiluted`	-	USD	2 Qtrs
Common stock Diluted (in dollars per share)	`EarningsPerShareDiluted`	-	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	167.31M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	168.18M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	168.16M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	167.37M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	170.66M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	167.37M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	168.16M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	167.31M	shares	2 Qtrs

Cash Flow Statement 104 line items

Line Item	Tag	Value	Unit	Period
Net income/(loss)	`ProfitLoss`	$1.64M	USD	1 Quarter
Net income/(loss)	`ProfitLoss`	$6.46M	USD	1 Quarter
Net income/(loss)	`ProfitLoss`	$4.05M	USD	2 Qtrs
Net income/(loss)	`ProfitLoss`	$1.73M	USD	2 Qtrs
Net income/(loss)	`ProfitLoss`	$-2.41M	USD	1 Quarter
Net income/(loss)	`ProfitLoss`	$84.00K	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$57.13M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$55.66M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-11.74M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-6.87M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-472.00K	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Impairment and lease termination charges	`LeaseImpairmentLossAndTerminationCharges`	$1.99M	USD	2 Qtrs
Impairment and lease termination charges	`LeaseImpairmentLossAndTerminationCharges`	$7.81M	USD	2 Qtrs
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$499.00K	USD	2 Qtrs
Gain on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$151.00K	USD	2 Qtrs
Gain on sale-leaseback	`SaleAndLeasebackTransactionGainLossNet`	$9.65M	USD	2 Qtrs
Gain on sale-leaseback	`SaleAndLeasebackTransactionGainLossNet`	$2.37M	USD	2 Qtrs
Gain on sale-leaseback	`SaleAndLeasebackTransactionGainLossNet`	$2.60M	USD	Point-in-time
Gain on sale-leaseback	`SaleAndLeasebackTransactionGainLossNet`	$-15.00K	USD	1 Quarter
Gain on sale-leaseback	`SaleAndLeasebackTransactionGainLossNet`	-	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$5.45M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$10.37M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$10.49M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$4.82M	USD	1 Quarter
Change in accounts and notes receivable allowances	`ProvisionForLoanAndLeaseLosses`	$372.00K	USD	2 Qtrs
Change in accounts and notes receivable allowances	`ProvisionForLoanAndLeaseLosses`	$193.00K	USD	2 Qtrs
Inventory write-off	`InventoryWriteDown`	$10.24M	USD	2 Qtrs
Inventory write-off	`InventoryWriteDown`	$3.10M	USD	1 Quarter
Inventory write-off	`InventoryWriteDown`	$251.00K	USD	2 Qtrs
Settlement of interest rate swap derivatives	`ProceedsFromSettlementOfInterestRateSwapDerivatives`	$7.70M	USD	1 Quarter
Settlement of interest rate swap derivatives	`ProceedsFromSettlementOfInterestRateSwapDerivatives`	$7.66M	USD	2 Qtrs
Settlement of interest rate swap derivatives	`ProceedsFromSettlementOfInterestRateSwapDerivatives`	-	USD	2 Qtrs
Amortization related to settlement of interest rate swap derivatives	`AmortizationRelatedToSettlementOfInterestRateSwapDerivatives`	$4.38M	USD	2 Qtrs
Amortization related to settlement of interest rate swap derivatives	`AmortizationRelatedToSettlementOfInterestRateSwapDerivatives`	-	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-996.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$733.00K	USD	2 Qtrs
Change in operating assets and liabilities, excluding foreign currency translation adjustments	`IncreaseDecreaseInOperatingCapital`	$8.24M	USD	2 Qtrs
Change in operating assets and liabilities, excluding foreign currency translation adjustments	`IncreaseDecreaseInOperatingCapital`	$24.61M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$46.25M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$53.92M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$51.46M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$54.29M	USD	2 Qtrs
Proceeds from sale-leaseback	`ProceedsFromLeasePaymentSalesTypeAndDirectFinancingLeasesInvestingActivity`	$3.00M	USD	Point-in-time
Proceeds from sale-leaseback	`ProceedsFromLeasePaymentSalesTypeAndDirectFinancingLeasesInvestingActivity`	$3.00M	USD	2 Qtrs
Proceeds from sale-leaseback	`ProceedsFromLeasePaymentSalesTypeAndDirectFinancingLeasesInvestingActivity`	$10.03M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-163.00K	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-181.00K	USD	2 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-44.10M	USD	2 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-48.28M	USD	2 Qtrs
Proceeds from the issuance of debt	`ProceedsFromIssuanceOfDebt`	$53.00M	USD	2 Qtrs
Proceeds from the issuance of debt	`ProceedsFromIssuanceOfDebt`	$989.20M	USD	2 Qtrs
Repayment of long-term debt and lease obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$916.58M	USD	2 Qtrs
Repayment of long-term debt and lease obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$50.18M	USD	2 Qtrs
Payment of financing costs	`PaymentsOfFinancingCosts`	-	USD	2 Qtrs
Payment of financing costs	`PaymentsOfFinancingCosts`	$5.00M	USD	2 Qtrs
Proceeds from structured payables	`ProceedsFromStructuredPayables`	$73.94M	USD	2 Qtrs
Proceeds from structured payables	`ProceedsFromStructuredPayables`	$153.10M	USD	2 Qtrs
Payments on structured payables	`PaymentsForStructuredPayables`	$126.92M	USD	2 Qtrs
Payments on structured payables	`PaymentsForStructuredPayables`	$133.53M	USD	2 Qtrs
Payment of contingent consideration related to a business combination	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	2 Qtrs
Payment of contingent consideration related to a business combination	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$900.00K	USD	2 Qtrs
Capital contribution by shareholders, net of loans issued	`ProceedsFromContributedCapital`	$-27.00K	USD	2 Qtrs
Capital contribution by shareholders, net of loans issued	`ProceedsFromContributedCapital`	$631.00K	USD	2 Qtrs
Payments of issuance costs in connection with IPO	`ProceedsFromIssuanceInitialPublicOffering`	$-12.46M	USD	2 Qtrs
Payments of issuance costs in connection with IPO	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	2 Qtrs
Proceeds from sale of noncontrolling interest in subsidiary	`ProceedsFromMinorityShareholders`	-	USD	2 Qtrs
Proceeds from sale of noncontrolling interest in subsidiary	`ProceedsFromMinorityShareholders`	$410.00K	USD	2 Qtrs
Distribution to shareholders	`PaymentsOfDividends`	$11.77M	USD	2 Qtrs
Distribution to shareholders	`PaymentsOfDividends`	$11.71M	USD	2 Qtrs
Payments for repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$2.36M	USD	2 Qtrs
Payments for repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$147.00K	USD	2 Qtrs
Distribution to noncontrolling interest	`PaymentsToMinorityShareholders`	$11.25M	USD	2 Qtrs
Distribution to noncontrolling interest	`PaymentsToMinorityShareholders`	$9.50M	USD	2 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.90M	USD	2 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-14.16M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-3.01M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-4.47M	USD	2 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-8.76M	USD	2 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-12.98M	USD	2 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$39.19M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$26.97M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$35.73M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$26.21M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$39.19M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$26.97M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$35.73M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$26.21M	USD	Point-in-time
Increase in accrual for property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$4.50M	USD	2 Qtrs
Increase in accrual for property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$10.64M	USD	2 Qtrs
Stock issuance under shareholder notes	`StockIssuedShareholderNote`	$324.00K	USD	2 Qtrs
Stock issuance under shareholder notes	`StockIssuedShareholderNote`	-	USD	2 Qtrs
Accrual for distribution to shareholders	`DistributionDeclaredButNotYetPaidShareholders`	$5.89M	USD	2 Qtrs
Accrual for distribution to shareholders	`DistributionDeclaredButNotYetPaidShareholders`	$5.86M	USD	2 Qtrs
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$35.37M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$25.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$26.64M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$359.00K	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$411.00K	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$339.00K	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$39.19M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$26.97M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$35.73M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$26.21M	USD	Point-in-time

Stockholders Equity 61 line items

Line Item	Tag	Value	Unit	Period
Dividends declared on common stock and equivalents (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.04	USD	1 Quarter
Dividends declared on common stock and equivalents (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.04	USD	1 Quarter
Dividends declared on common stock and equivalents (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.04	USD	1 Quarter
Beginning balance (in shares)	`CommonStockSharesOutstanding`	168.18M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	168.14M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.31B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.31B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.36B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.30B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.34B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.31B	USD	Point-in-time
Net (loss) income	`ProfitLoss`	$1.64M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$6.46M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$4.05M	USD	2 Qtrs
Net (loss) income	`ProfitLoss`	$1.73M	USD	2 Qtrs
Net (loss) income	`ProfitLoss`	$-2.41M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$84.00K	USD	1 Quarter
Other comprehensive income/(loss), before reclassifications	`OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax`	$13.06M	USD	1 Quarter
Other comprehensive income/(loss), before reclassifications	`OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax`	$10.31M	USD	1 Quarter
Other comprehensive income/(loss), before reclassifications	`OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax`	$10.21M	USD	1 Quarter
Other comprehensive income/(loss), before reclassifications	`OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax`	$-36.50M	USD	1 Quarter
Reclassification from AOCI	`ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax`	$-2.51M	USD	1 Quarter
Reclassification from AOCI	`ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax`	$2.19M	USD	1 Quarter
Reclassification from AOCI	`ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax`	$-1.86M	USD	1 Quarter
Reclassification from AOCI	`ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax`	$446.00K	USD	1 Quarter
Capital contribution from shareholders, net of loans issued	`StockIssuedDuringPeriodValueCapitalContributionFromShareholders`	$-267.00K	USD	1 Quarter
Capital contribution from shareholders, net of loans issued	`StockIssuedDuringPeriodValueCapitalContributionFromShareholders`	$240.00K	USD	1 Quarter
Capital contribution from shareholders, net of loans issued	`StockIssuedDuringPeriodValueCapitalContributionFromShareholders`	$631.00K	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.82M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.04M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.45M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.54M	USD	1 Quarter
Purchase of shares by noncontrolling interest	`NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest`	$358.00K	USD	1 Quarter
Purchase of shares by noncontrolling interest	`NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest`	$52.00K	USD	1 Quarter
Dividends declared on common stock and equivalents	`DividendsCommonStock`	$5.86M	USD	1 Quarter
Dividends declared on common stock and equivalents	`DividendsCommonStock`	$5.88M	USD	1 Quarter
Dividends declared on common stock and equivalents	`DividendsCommonStock`	$5.86M	USD	1 Quarter
Dividends declared on common stock and equivalents	`DividendsCommonStock`	$5.89M	USD	1 Quarter
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$10.11M	USD	1 Quarter
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.14M	USD	1 Quarter
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.36M	USD	1 Quarter
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$8.13M	USD	1 Quarter
Issuance of common stock upon settlement of RSUs, net of shares withheld	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-147.00K	USD	1 Quarter
Issuance of common stock upon settlement of RSUs, net of shares withheld	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-390.00K	USD	1 Quarter
Issuance of common stock upon settlement of RSUs, net of shares withheld	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-897.00K	USD	1 Quarter
Issuance of common stock upon settlement of RSUs, net of shares withheld	`StockIssuedDuringPeriodValueShareBasedCompensation`	-	USD	1 Quarter
Other	`StockholdersEquityOther`	$15.00K	USD	1 Quarter
Other	`StockholdersEquityOther`	$16.00K	USD	1 Quarter
Other	`StockholdersEquityOther`	$37.00K	USD	1 Quarter
Other	`StockholdersEquityOther`	$13.00K	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	168.18M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	168.14M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.31B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.31B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.36B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.30B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.34B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.31B	USD	Point-in-time
Dividends declared on common stock and equivalents (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.04	USD	1 Quarter
Dividends declared on common stock and equivalents (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.04	USD	1 Quarter
Dividends declared on common stock and equivalents (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.04	USD	1 Quarter

Comprehensive Income 42 line items

Line Item	Tag	Value	Unit	Period
Net income/(loss)	`ProfitLoss`	$1.64M	USD	1 Quarter
Unrealized income on cash flow hedges, tax expense (benefit)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$1.00M	USD	1 Quarter
Unrealized income on cash flow hedges, tax expense (benefit)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-800.00K	USD	2 Qtrs
Net income/(loss)	`ProfitLoss`	$6.46M	USD	1 Quarter
Net income/(loss)	`ProfitLoss`	$4.05M	USD	2 Qtrs
Unrealized income on cash flow hedges, tax expense (benefit)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$200.00K	USD	1 Quarter
Unrealized income on cash flow hedges, tax expense (benefit)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$5.70M	USD	2 Qtrs
Net income/(loss)	`ProfitLoss`	$1.73M	USD	2 Qtrs
Net income/(loss)	`ProfitLoss`	$-2.41M	USD	1 Quarter
Net income/(loss)	`ProfitLoss`	$84.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-36.18M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-37.51M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$20.39M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$9.29M	USD	1 Quarter
Unrealized income/(loss) on cash flow hedges, net of income taxes (1)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$2.87M	USD	1 Quarter
Unrealized income/(loss) on cash flow hedges, net of income taxes (1)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$17.11M	USD	2 Qtrs
Unrealized income/(loss) on cash flow hedges, net of income taxes (1)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$472.00K	USD	1 Quarter
Unrealized income/(loss) on cash flow hedges, net of income taxes (1)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-2.50M	USD	2 Qtrs
Total other comprehensive income/(loss)	`OtherComprehensiveIncomeLossNetOfTax`	$9.77M	USD	1 Quarter
Total other comprehensive income/(loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-34.64M	USD	1 Quarter
Total other comprehensive income/(loss)	`OtherComprehensiveIncomeLossNetOfTax`	$17.89M	USD	2 Qtrs
Total other comprehensive income/(loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-19.07M	USD	2 Qtrs
Comprehensive income/(loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-15.02M	USD	2 Qtrs
Comprehensive income/(loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-37.05M	USD	1 Quarter
Comprehensive income/(loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$9.85M	USD	1 Quarter
Comprehensive income/(loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$19.62M	USD	2 Qtrs
Net (loss)/income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.90M	USD	2 Qtrs
Net (loss)/income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-139.00K	USD	1 Quarter
Net (loss)/income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.44M	USD	1 Quarter
Net (loss)/income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.81M	USD	2 Qtrs
Foreign currency translation adjustment attributable to noncontrolling interest	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$955.00K	USD	2 Qtrs
Foreign currency translation adjustment attributable to noncontrolling interest	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$1.06M	USD	1 Quarter
Foreign currency translation adjustment attributable to noncontrolling interest	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-903.00K	USD	2 Qtrs
Foreign currency translation adjustment attributable to noncontrolling interest	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-903.00K	USD	1 Quarter
Total comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.76M	USD	2 Qtrs
Total comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$538.00K	USD	1 Quarter
Total comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$924.00K	USD	1 Quarter
Total comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.99M	USD	2 Qtrs
Comprehensive income/(loss) attributable to Krispy Kreme, Inc.	`ComprehensiveIncomeNetOfTax`	$-37.59M	USD	1 Quarter
Comprehensive income/(loss) attributable to Krispy Kreme, Inc.	`ComprehensiveIncomeNetOfTax`	$-18.02M	USD	2 Qtrs
Comprehensive income/(loss) attributable to Krispy Kreme, Inc.	`ComprehensiveIncomeNetOfTax`	$16.86M	USD	2 Qtrs
Comprehensive income/(loss) attributable to Krispy Kreme, Inc.	`ComprehensiveIncomeNetOfTax`	$8.93M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.