---
schema_version: "secwatch.filing_event.v1"
accession: "0001857154-25-000125"
form_type: "8-K"
ticker: "DNUT"
cik: "0001857154"
company_name: "Krispy Kreme, Inc."
filed_at: "2025-08-07T23:59:59+00:00"
generated_at: "2026-05-17T18:21:10.882486+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Krispy Kreme Q2 net loss $441M; announces turnaround plan after McDonald's partnership end

## Summary
- Net loss of $441.1M including $406.9M in non-cash goodwill/asset impairments; diluted loss per share $2.55.
- Revenue $379.8M down 13.5% YoY; organic revenue declined 0.8%.
- Adjusted EBITDA $20.1M (63.3% decline vs Q2 2024); margin 5.3% from 12.5%.
- McDonald's USA partnership ended July 2, 2025; costs being removed, profitability expected to improve Q3.
- Turnaround plan includes refranchising international markets and outsourcing U.S. logistics to reduce leverage.

## SEC filing metadata
- accession: 0001857154-25-000125
- form_type: 8-K
- ticker: DNUT
- cik: 0001857154
- company_name: Krispy Kreme, Inc.
- filed_at: 2025-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1857154/000185715425000125/0001857154-25-000125-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1857154/000185715425000125/dnut-20250807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001857154-25-000125
- JSON: https://secwatch.observer/filing/0001857154-25-000125.json
- Plain text: https://secwatch.observer/filing/0001857154-25-000125.txt

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