cyber
confidence medium
sentiment negative
materiality 0.70
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.