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of Contents](#i26948ff908354978b46b0e7de440b80c_7)\n\nUNITED STATES\n\nSECURITIES AND EXCHANGE COMMISSION\n\nWashington, D.C. 20549\n\n_________________________\n\nFORM 10-Q\n\n_________________________\n\n(Mark One)\n\n☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\nFor the quarterly period ended March 29, 2026\n\n☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\nFor the transition period from ______ to ______\n\nCommission file number: 001-40573\n\nKrispy Kreme, Inc.\n\n(Exact name of registrant as specified in its charter)\n\n_________________________\n\nDelaware37-1701311\n\n(State or other jurisdiction of incorporation)\n\n(IRS Employer Identification No.)\n\n2116 Hawkins Street, Suite 101, Charlotte, North Carolina 28203\n\n(Address of principal executive offices)\n\n(800) 457-4779\n\n(Registrant’s telephone number, including area code)\n\nN/A\n\n(Former name or former address, if changed since last report)\n\n_________________________\n\nSecurities registered pursuant to Section 12(b) of the Act:\n\nTitle of each classTrading SymbolName of each exchange on which registered\n\nCommon stock, $0.01 par value per share\n\nDNUT\n\nNasdaq Global Select Market\n\nIndicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. ☒ Yes ☐ No\n\nIndicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). ☒ Yes ☐ No\n\nIndicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.\n\nLarge accelerated filer\n☐\nAccelerated filer\n☒\n\nNon-accelerated filer\n☐\nSmaller reporting company\n☐\n\nEmerging growth company\n☐\n\nIf an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐\n\nIndicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). ☐ Yes ☒ No\n\nThe registrant had outstanding 172.4 million shares of common stock as of April 30, 2026.\n\n[Table of Contents](#i26948ff908354978b46b0e7de440b80c_7)\n\nTable of Contents\n\n[PART I. FINANCIAL INFORMATION](#i26948ff908354978b46b0e7de440b80c_10)\nPage\n\n[Item 1.](#i26948ff908354978b46b0e7de440b80c_13)\n\n[Financial Statements (Unaudited)](#i26948ff908354978b46b0e7de440b80c_13)\n\n[1](#i26948ff908354978b46b0e7de440b80c_13)\n\n[Condensed Consolidated Statements of Operations](#i26948ff908354978b46b0e7de440b80c_16)\n\n[1](#i26948ff908354978b46b0e7de440b80c_16)\n\n[Condensed Consolidated Statements of Comprehensive (Loss)/Income](#i26948ff908354978b46b0e7de440b80c_19)\n\n[2](#i26948ff908354978b46b0e7de440b80c_19)\n\n[Condensed Consolidated Balance Sheets](#i26948ff908354978b46b0e7de440b80c_22)\n\n[3](#i26948ff908354978b46b0e7de440b80c_22)\n\n[Condensed Consolidated Statements of Changes in Shareholders’ Equity](#i26948ff908354978b46b0e7de440b80c_25)\n\n[4](#i26948ff908354978b46b0e7de440b80c_25)\n\n[Condensed Consolidated Statements of Cash Flows](#i26948ff908354978b46b0e7de440b80c_28)\n\n[6](#i26948ff908354978b46b0e7de440b80c_28)\n\n[Notes to Condensed Consolidated Financial Statements](#i26948ff908354978b46b0e7de440b80c_31)\n\n[7](#i26948ff908354978b46b0e7de440b80c_31)\n\n[Item 2.](#i26948ff908354978b46b0e7de440b80c_85)\n\n[Management’s Discussion and Analysis of Financial Condition and Results of Operations](#i26948ff908354978b46b0e7de440b80c_85)\n\n[30](#i26948ff908354978b46b0e7de440b80c_85)\n\n[Item 3](#i26948ff908354978b46b0e7de440b80c_130).\n\n[Quantitative and Qualitative Disclosures About Market Risk](#i26948ff908354978b46b0e7de440b80c_112)\n\n[48](#i26948ff908354978b46b0e7de440b80c_112)\n\n[Item 4](#i26948ff908354978b46b0e7de440b80c_115).\n\n[Controls and Procedures](#i26948ff908354978b46b0e7de440b80c_115)\n\n[49](#i26948ff908354978b46b0e7de440b80c_115)\n\n[PART II. OTHER INFORMATION](#i26948ff908354978b46b0e7de440b80c_118)\n\n[Item 1.](#i26948ff908354978b46b0e7de440b80c_121)\n\n[Legal Proceedings](#i26948ff908354978b46b0e7de440b80c_121)\n\n[50](#i26948ff908354978b46b0e7de440b80c_121)\n\n[Item 1A.](#i26948ff908354978b46b0e7de440b80c_124)\n\n[Risk Factors](#i26948ff908354978b46b0e7de440b80c_124)\n\n[50](#i26948ff908354978b46b0e7de440b80c_124)\n\n[Item 2.](#i26948ff908354978b46b0e7de440b80c_127)\n\n[Unregistered Sales of Equity Securities and Use of Proceeds](#i26948ff908354978b46b0e7de440b80c_127)\n\n[50](#i26948ff908354978b46b0e7de440b80c_127)\n\n[Item 3.](#i26948ff908354978b46b0e7de440b80c_130)\n\n[Defaults Upon Senior Securities](#i26948ff908354978b46b0e7de440b80c_130)\n\n[50](#i26948ff908354978b46b0e7de440b80c_130)\n\n[Item 4.](#i26948ff908354978b46b0e7de440b80c_133)\n\n[Mine Safety Disclosures](#i26948ff908354978b46b0e7de440b80c_133)\n\n[50](#i26948ff908354978b46b0e7de440b80c_133)\n\n[Item 5.](#i26948ff908354978b46b0e7de440b80c_136)\n\n[Other Information](#i26948ff908354978b46b0e7de440b80c_136)\n\n[50](#i26948ff908354978b46b0e7de440b80c_136)\n\n[Item 6.](#i26948ff908354978b46b0e7de440b80c_139)\n\n[Exhibits](#i26948ff908354978b46b0e7de440b80c_139)\n\n[51](#i26948ff908354978b46b0e7de440b80c_139)\n\n[Signatures](#i26948ff908354978b46b0e7de440b80c_142)\n\n[52](#i26948ff908354978b46b0e7de440b80c_142)\n\n[Table of Contents](#i26948ff908354978b46b0e7de440b80c_7)\n\nPART I - FINANCIAL INFORMATION"}