ADDED
The registrant had outstanding 172.2 million shares of common stock as of February 20, 2026.
Except as otherwise specified or the context otherwise requires, references to fiscal 2025 refer to the fiscal year ended December 28, 2025, references to fiscal 2024 refer to the fiscal year ended December 29, 2024, and references to fiscal 2023 refer to the fiscal year ended December 31, 2023.
TRADEMARKS All trademarks, trade names and service marks appearing in this Annual Report are the property of their respective owners.
Solely for convenience, the trademarks and trade names in this Annual Report are referred to without the symbols and , but such references should not be construed as any indication that their respective owners will not assert, to the fullest extent under applicable law, their rights thereto.
We do not intend to use or display other companies trademarks or trade names to imply a relationship with, or endorsement or sponsorship of us by, any other companies.
Over its nearly 89-year history, Krispy Kreme has developed a broad consumer base globally and currently operates in 42 countries through its unique network of shops ( Doughnut Shops ), partnerships with leading retailers, and growing digital business.
The Company s purpose is to touch and enhance lives through the joy that is Krispy Kreme.
Our Business Model We are an omni-channel business that focuses on fresh, high-quality doughnuts with 15,194 points of access globally as of the end of fiscal 2025.
We refer to the points of access where consumers can purchase our doughnuts as our Global Points of Access or Points of Access when referring to points of access in a particular region or segment.
We sell doughnuts to consumers through three main channels: (1) Hot Light Theater Shops and Fresh Shops, (2) fresh delivery, and (3) digital.
REMOVED
The registrant had outstanding 170.3 million shares of common stock as of February 14, 2025.
Our iconic Original Glazed doughnut is recognized for its fresh, hot-off-the-line, melt-in-your-mouth experience.
Over its 87-year history, Krispy Kreme has developed a broad consumer base globally and currently operates in 40 countries through its unique network of shops ( Doughnut Shops ), partnerships with leading retailers, and a rapidly growing digital and delivery business.
Our purpose of touching and enhancing lives through the joy that is Krispy Kreme guides how we operate every day and is reflected in the love we have for our people, our communities, and the planet.
We are an omni-channel business with 17,557 points of access globally (our Global Points of Access and, when referring to points of access in a particular region or segment, our Points of Access ), creating awesome fresh doughnut experiences via (1) our Hot Light Theater and Fresh Shops, (2) Delivered Fresh Daily ( DFD ) branded cabinets and merchandising units within high traffic grocery and convenience stores, quick service or fast casual restaurants ( QSR ), club memberships, and drug stores ( DFD Doors ), and (3) digital channels.
Our business model focuses on fresh daily premium quality doughnuts produced by the capital-efficient Hub and Spoke model, and primarily sold via Company controlled Points of Access in the U.S., and with a mix of Company controlled and franchise Points of Access internationally.
In addition to our core offerings such as the Original Glazed doughnut, we also focus on limited time offerings ( LTOs or specialty doughnuts ) and seasonal activations to generate buzz for our brand.
A taste of our offerings includes: The Ingredients of Our Success We believe the following competitive differentiators position us to generate significant growth as we continue towards our goal of becoming the most loved sweet treat brand in the world.
We believe that Krispy Kreme is an iconic, globally recognized brand with rich history that is epitomized by our fresh Original Glazed doughnut.
We believe we have a loyal and emotionally connected consumer base.