Financial Performance - Net revenue was $3753 million[7] - Organic revenue growth was 06%[7] - Adjusted EBITDA reached $406 million, a 17% increase[7] - Free cash flow amounted to $155 million[7] Strategic Initiatives - The company is implementing a turnaround plan focused on profitable U S expansion and international franchise growth[6] - The company aims to improve financial flexibility through refranchising international markets and restructuring the joint venture in the Western U S[8] - The company plans to expand margins through greater operational efficiency, including outsourcing U S logistics, with 54% already outsourced and 100% expected in 2026[9, 13] - The company added approximately 1,000 profitable doors YTD by expanding with high-return, national U S customers[13] Global Reach - Global points of access totaled 14,851[7] - International segment Adjusted EBITDA was $23157 million[18] Additional Information - The third quarter of 2025 includes $93 million of business interruption insurance recoveries related to the 2024 cybersecurity incident[7]
Krispy Kreme(DNUT) - 2025 Q3 - Earnings Call Presentation