Krispy Kreme, a beloved name in the doughnut world, didn’t just rise from the oven, but from the entrepreneurial spirit of Vernon Rudolph. In 1937, in the heart of the Great Depression, Rudolph, a young salesman, saw an opportunity in the sweet, fried dough that was gaining traction in the South. He bought a recipe from a New Orleans French chef and set up shop in a converted auto repair shop in Winston-Salem, North Carolina. Thus, Krispy Kreme Doughnuts was born, with its signature hot, glazed treats drawing in customers from the very first day.

Krispy Kreme’s Current Net Worth

As of 2025, Krispy Kreme’s current net worth is estimated to be around $1.5 billion. This figure takes into account the company’s global presence, with over 1,400 stores in 32 countries.

Krispy Kreme’s Career

Founded in Winston-Salem, North Carolina, in 1937, Krispy Kreme is renowned for its signature glazed doughnuts. The company went public in 2000 and has since expanded its offerings to include a variety of doughnut flavors, coffee, and other beverages. Today, it operates as a subsidiary of JAB Holding Company.

Krispy Kreme’s Other Ventures

In addition to its traditional stores, Krispy Kreme has ventured into other business models. These include Krispy Kreme Doughnuts Factory Stores, which offer a wider range of products, and Krispy Kreme Shops, found in convenience stores and other retail locations. The company has also expanded into the e-commerce space, offering online ordering and delivery services.

Krispy Kreme’s Assets

Krispy Kreme’s assets are primarily tied to its brand recognition and store locations. The company owns its stores, with a significant portion of them being company-operated. Additionally, Krispy Kreme holds valuable intellectual property, including its recipes and brand trademarks. The company also has a substantial amount of cash and cash equivalents on its balance sheet.

Krispy Kreme’s Annual Income

In its fiscal year 2021, Krispy Kreme reported total revenue of $1.2 billion. This figure represents a significant increase from the previous year, demonstrating the company’s resilience and growth despite the challenges posed by the COVID-19 pandemic. Krispy Kreme’s annual income has shown consistent growth over the years, driven by its expanding global presence and diverse product offerings.

Frequently Asked Questions about  Krispy Kreme

Q1: What is Krispy Kreme’s net worth?

Krispy Kreme’s net worth is estimated to be around $1.5 billion.

Q2: When was Krispy Kreme founded?

Krispy Kreme was founded in 1937 by Vernon Rudolph in Winston-Salem, North Carolina.

Q3: Who is the current CEO of Krispy Kreme?

The current CEO of Krispy Kreme is Michael J. Tattersfield.

Q4: How many Krispy Kreme stores are there worldwide?

As of 2021, there are over 1,400 Krispy Kreme stores in 32 countries.

Q5: What are the most popular Krispy Kreme donuts?

The most popular Krispy Kreme donuts include the Original Glazed, Chocolate Iced Glazed, Strawberry Iced, and the Chocolate Iced with Sprinkles.

Q6: Does Krispy Kreme offer vegan donuts?

Yes, Krispy Kreme offers a variety of vegan donuts. Their Original Glazed donut is vegan, and they also offer other vegan options like the Chocolate Iced Glazed and the Strawberry Iced.

Q7: Can you buy Krispy Kreme stock?

Yes, Krispy Kreme is a publicly traded company. Its stock is listed on the NASDAQ under the ticker symbol KKD.

Q8: What is Krispy Kreme’s annual revenue?

Krispy Kreme’s annual revenue is around $1.4 billion.

Q9: Does Krispy Kreme have a loyalty program?

Yes, Krispy Kreme has a loyalty program called “Krispy Kreme Rewards” where customers can earn points for every purchase and redeem them for free donuts.

Q10: What is Krispy Kreme’s headquarters location?

Krispy Kreme’s headquarters is located in Winston-Salem, North Carolina, USA.