Krispy Kreme reports cyber incident on Nov 29; operations impacted, costs expected material

Krispy Kreme, Inc.

Unauthorized activity detected Nov 29; investigation ongoing with external cybersecurity experts.
Online ordering disrupted in parts of US; shops open and fresh delivery uninterrupted.
Incident expected to have material impact on business operations and financial condition until recovery.
Costs include lost digital sales, advisor fees, system restoration; insurance partly offsets.
No long-term material impact expected; federal law enforcement notified.

Key facts

Extracted from this filing and checked against the source text.

Cybersecurity Incidents SEC 8-K Item 1.05 confidence 0.9

Krispy Kreme, Inc. disclosed a cybersecurity incident: unauthorized activity on a portion of its information technology systems. Impact: certain operational disruptions including online ordering in parts of the United States; expected to have material impact on results of operations and financial condition. Company determined it material. Discovered 2024-11-29.

Nature: unauthorized activity on a portion of its information technology systems
Impact: certain operational disruptions including online ordering in parts of the United States; expected to have material impact on results of operations and financial condition
Materiality: determined material
Discovery: 2024-11-29

Exact text from the filing

As of the date of this filing, the incident has had and is reasonably likely to have a material impact on the Company’s business operations until recovery efforts are completed.

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Krispy Kreme, Inc. filing history →

Source: SEC EDGAR

accession 0001857154-24-000123

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