---
schema_version: "secwatch.filing_event.v1"
accession: "0001857154-26-000027"
form_type: "8-K"
ticker: "DNUT"
cik: "0001857154"
company_name: "Krispy Kreme, Inc."
filed_at: "2026-05-07T23:59:59+00:00"
generated_at: "2026-05-14T22:01:51.077634+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Krispy Kreme Q1 adjusted EBITDA up 38%; positive free cash flow; refranchises Japan and Western JV

## Summary
- Net revenue $367M (-2.2% YoY); GAAP net loss improved to $22.7M from $33.4M.
- Adjusted EBITDA $33.1M (+38% YoY); margin expanded 260bps to 9.0%.
- Refranchised Japan operations and Western US JV in March 2026; US logistics outsourcing complete.
- Added 276 US doors with strategic partners in Q1; APD up 16.7% to $685.
- Issued FY2026 guidance for net revenue and adjusted EBITDA; reduced net leverage target.

## SEC filing metadata
- accession: 0001857154-26-000027
- form_type: 8-K
- ticker: DNUT
- cik: 0001857154
- company_name: Krispy Kreme, Inc.
- filed_at: 2026-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1857154/000185715426000027/0001857154-26-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1857154/000185715426000027/dnut-20260507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001857154-26-000027
- JSON: https://secwatch.observer/filing/0001857154-26-000027.json
- Plain text: https://secwatch.observer/filing/0001857154-26-000027.txt

## Source-grounded claims
- claim_id: 38dec2b132ee529bbe07525670372906b1011d52
  claim: Krispy Kreme, Inc. updated its first quarter ended March 29, 2026 guidance (reaffirmed).
  evidence_excerpt: On May 7, 2026, the Company issued a press release announcing the Company's financial results for the first quarter ended March 29, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1857154/000185715426000027/0001857154-26-000027-index.htm

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