---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-115450"
form_type: "8-K"
ticker: "DNUT"
cik: "0001857154"
company_name: "Krispy Kreme, Inc."
filed_at: "2025-05-08T23:59:59+00:00"
generated_at: "2026-05-22T05:33:35.244528+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Krispy Kreme Q1 net revenue $375.2M, net loss $33.4M; EBITDA down 59% YoY

## Summary
- Net revenue $375.2M, down 15.3% YoY; organic revenue down 1.0% to $374.7M.
- GAAP net loss $33.4M vs loss $6.7M in Q1 2024; diluted EPS loss $0.20.
- Adjusted EBITDA $24.0M, down 58.8% from $58.2M; margin 6.4% vs 13.1%.
- Total Net Leverage Ratio 3.94:1; entered $125M incremental term loans with dividend restrictions if leverage exceeds 3.00:1.
- Global Points of Access up 21.4% to 17,982; CEO cites focus on debt reduction and profitable growth.

## SEC filing metadata
- accession: 0001193125-25-115450
- form_type: 8-K
- ticker: DNUT
- cik: 0001857154
- company_name: Krispy Kreme, Inc.
- filed_at: 2025-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1857154/000119312525115450/0001193125-25-115450-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1857154/000119312525115450/d129226d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-115450
- JSON: https://secwatch.observer/filing/0001193125-25-115450.json
- Plain text: https://secwatch.observer/filing/0001193125-25-115450.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.