Founded in 1937 and headquartered in Charlotte, North Carolina, Krispy Kreme operates as a vertically integrated doughnut manufacturer and retailer. The company produces and distributes doughnuts through multiple channels including company-owned and franchised retail locations, branded cabinets and merchandising units in grocery and convenience stores, quick service restaurants, club memberships, and digital ordering platforms. Fresh product availability is a core operational focus, with doughnuts delivered daily to retail partners.
The company operates across three geographic segments: United States, International, and Market Development. International operations span the United Kingdom, Ireland, Australia, New Zealand, Mexico, Canada, and Japan. The U.S. segment represents the largest revenue contributor, encompassing both retail shops and wholesale distribution channels. The International segment includes company-operated shops and franchised locations in established markets, while the Market Development segment focuses on emerging geographic opportunities.
Krispy Kreme's distribution model combines direct-to-consumer retail experiences with business-to-business wholesale arrangements. The company operates its own manufacturing facilities to supply both retail locations and third-party retailers. Its franchise network allows for geographic expansion with lower capital requirements, while company-operated shops provide greater operational control and customer interface opportunities. This omnichannel approach positions the business across multiple retail categories including food stores, drug stores, and convenience channels.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2024 | $0.02 | $0.02 | +108.7% | |
| 2023 | $-0.23 | $-0.23 | -130.0% | |
| 2022 | $-0.10 | $-0.10 | +44.4% | |
| 2021 | $-0.18 | $-0.18 | — |