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Net Loss per Share
9 Months Ended
Sep. 28, 2025
Earnings Per Share [Abstract]  
Net Loss per Share Net (Loss)/Earnings per Share
The following table presents the calculations of basic and diluted EPS:
 
Quarter Ended
Three Quarters Ended
(in thousands, except per share amounts)September 28, 2025September 29, 2024September 28, 2025September 29, 2024
Net (loss)/income attributable to Krispy Kreme, Inc.$(19,444)$39,563 $(487,988)$25,538 
Additional income attributed to noncontrolling interest due to subsidiary potential common shares(6)(4)(3)(28)
Net (loss)/income attributable to common shareholders - Diluted$(19,450)$39,559 $(487,991)$25,510 
Basic weighted average common shares outstanding171,164 169,596 170,752 169,125 
Dilutive effect of outstanding common stock options, RSUs, and PSUs— 1,890 — 2,259 
Diluted weighted average common shares outstanding171,164 171,486 170,752 171,384 
(Loss)/earnings per share attributable to common shareholders:
 
 
Basic$(0.11)$0.23 $(2.86)$0.15 
Diluted$(0.11)$0.23 $(2.86)$0.15 
Potential dilutive shares consist of unvested RSUs and PSUs, calculated using the treasury stock method. The calculation of dilutive shares outstanding excludes certain unvested RSUs granted under certain subsidiaries’ executive ownership plans and long-term incentive plans, because their inclusion would have been antidilutive. Refer to Note 10, Share-based Compensation for further information about the plans.
The following table summarizes the gross number of potential dilutive unvested RSUs and PSUs excluded due to antidilution (unadjusted for the treasury stock method):
Quarter Ended Three Quarters Ended
(in thousands)September 28, 2025September 29, 2024September 28, 2025September 29, 2024
KKI10,953 2,807 10,953 2,807 
KK U.K.— — 
KK Australia— — 74 — 
KK Mexico— — — — 
For the quarter and three quarters ended September 28, 2025 and September 29, 2024, all 3.9 million and 2.8 million time-vested stock options, respectively, were excluded from the computation of diluted weighted average common shares outstanding based on application of the treasury stock method.