Earnings ·
Krispy Kreme reports Q3 net loss of $13.3M, raises 2026 revenue guidance to $1.35B-$1.40B
DNUTKrispy Kreme, Inc.
Krispy Kreme reported a GAAP net loss of $13.3 million for the third quarter ended September 27, 2026, an improvement from the $20.1 million loss in the prior year period. Net revenue declined 12.4% to $328.8 million due to refranchising transactions in Japan and the western U.S., though systemwide sales increased 1.0% in constant currency. Adjusted EBITDA was $35.3 million, a decrease of 13.1% from the prior year when including a $9.3 million cybersecurity insurance recovery recognized previously; excluding that recovery, Adjusted EBITDA margin expanded by 240 basis points to 10.7%. The company increased and narrowed its full-year 2026 net revenue guidance to $1.35 billion–$1.40 billion from the previous range of $1.25 billion–$1.35 billion, citing significant turnaround progress including deleveraging and improved free cash flow. Krispy Kreme operates a global network of doughnut shops through company-owned locations and franchise partnerships.