Krispy Kreme

Krispy Kreme, Inc. (previously Krispy Kreme Doughnuts, Inc.) is an American multinational doughnut company and coffeehouse chain.

For the rapper formerly known as Krispy Kreme, see Froggy Fresh.

Krispy Kreme Inc.
Trade name
Krispy Kreme
Company typePublic company
Traded as
  • Nasdaq: DNUT
  • Russell 2000 component
IndustryRestaurant
FoundedJuly 13, 1937 (1937-07-13)
FounderVernon Rudolph
HeadquartersCharlotte, North Carolina, U.S.
Number of locations
1,400
Area served
Worldwide
Products
  • Baked goods
  • Frozen beverages
  • Hot beverages
  • Iced beverages
  • Soft drinks
Revenue US$518.714 million (2016)
US$52.098 million (2016)
Net income
 US$32.398 million (2016)
Total assets US$342.875 million (2016)
Total equity US$256.140 million (2016)
OwnerJAB Holding Company
(2016–2021)
Number of employees
21,000 (April 1, 2021)
Websitekrispykreme.com

Krispy Kreme was founded by Vernon Rudolph (1915–1973), who bought a yeast-raised recipe from a New Orleans chef, rented a building in 1937 in what is now historic Old Salem in Winston-Salem, North Carolina, and began selling to local grocery stores. Steady growth preceded an ambitious expansion as a public company in the period 2000 to 2016, which ultimately proved unprofitable. In 2016, the company returned to private ownership under JAB Holding Company, a private Luxembourg-based firm. In July 2021, Krispy Kreme became publicly traded again on the Nasdaq.

Their name is a sensational spelling of the words "crispy cream".

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