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Side-by-side financial comparison of Krispy Kreme, Inc. (DNUT) and WOLVERINE WORLD WIDE INC (WWW). Click either name above to swap in a different company.
WOLVERINE WORLD WIDE INC is the larger business by last-quarter revenue ($517.5M vs $392.4M, roughly 1.3× Krispy Kreme, Inc.). WOLVERINE WORLD WIDE INC runs the higher net margin — 6.1% vs -7.1%, a 13.2% gap on every dollar of revenue. On growth, WOLVERINE WORLD WIDE INC posted the faster year-over-year revenue change (25.5% vs -2.9%). WOLVERINE WORLD WIDE INC produced more free cash flow last quarter ($145.6M vs $27.9M). Over the past eight quarters, WOLVERINE WORLD WIDE INC's revenue compounded faster (14.5% CAGR vs -5.9%).
Krispy Kreme, Inc. is an American multinational doughnut company and coffeehouse chain. 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 retur...
Wolverine World Wide is a global designer, manufacturer and marketer of branded footwear, apparel and accessories. It owns popular brands including Merrell, Sperry, Saucony and Hush Puppies, serving outdoor, casual, workwear and athletic segments via e-commerce, retail stores and global wholesale networks.
DNUT vs WWW — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $392.4M | $517.5M |
| Net Profit | $-27.8M | $31.8M |
| Gross Margin | — | 47.3% |
| Operating Margin | -1.9% | 9.7% |
| Net Margin | -7.1% | 6.1% |
| Revenue YoY | -2.9% | 25.5% |
| Net Profit YoY | -23.8% | 162.8% |
| EPS (diluted) | $-0.18 | $0.37 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $517.5M | ||
| Q4 25 | $392.4M | — | ||
| Q3 25 | $375.3M | $470.3M | ||
| Q2 25 | $379.8M | $474.2M | ||
| Q1 25 | $375.2M | $412.3M | ||
| Q4 24 | $404.0M | $494.7M | ||
| Q3 24 | $379.9M | $440.2M | ||
| Q2 24 | $438.8M | $425.2M |
| Q1 26 | — | $31.8M | ||
| Q4 25 | $-27.8M | — | ||
| Q3 25 | $-19.4M | $25.1M | ||
| Q2 25 | $-435.3M | $26.8M | ||
| Q1 25 | $-33.3M | $12.1M | ||
| Q4 24 | $-22.4M | $23.1M | ||
| Q3 24 | $39.6M | $23.2M | ||
| Q2 24 | $-5.5M | $13.8M |
| Q1 26 | — | 47.3% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 47.5% | ||
| Q2 25 | — | 47.2% | ||
| Q1 25 | — | 47.2% | ||
| Q4 24 | — | 43.4% | ||
| Q3 24 | — | 45.1% | ||
| Q2 24 | — | 43.1% |
| Q1 26 | — | 9.7% | ||
| Q4 25 | -1.9% | — | ||
| Q3 25 | -1.9% | 8.4% | ||
| Q2 25 | -114.4% | 8.6% | ||
| Q1 25 | -5.4% | 4.8% | ||
| Q4 24 | -2.8% | 7.4% | ||
| Q3 24 | -4.2% | 7.9% | ||
| Q2 24 | 1.6% | 6.8% |
| Q1 26 | — | 6.1% | ||
| Q4 25 | -7.1% | — | ||
| Q3 25 | -5.2% | 5.3% | ||
| Q2 25 | -114.6% | 5.7% | ||
| Q1 25 | -8.9% | 2.9% | ||
| Q4 24 | -5.6% | 4.7% | ||
| Q3 24 | 10.4% | 5.3% | ||
| Q2 24 | -1.3% | 3.2% |
| Q1 26 | — | $0.37 | ||
| Q4 25 | $-0.18 | — | ||
| Q3 25 | $-0.11 | $0.30 | ||
| Q2 25 | $-2.55 | $0.32 | ||
| Q1 25 | $-0.20 | $0.15 | ||
| Q4 24 | $-0.13 | $0.29 | ||
| Q3 24 | $0.23 | $0.28 | ||
| Q2 24 | $-0.03 | $0.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $42.4M | — |
| Total DebtLower is stronger | $911.9M | $621.7M |
| Stockholders' EquityBook value | $650.1M | $408.0M |
| Total Assets | $2.6B | $1.7B |
| Debt / EquityLower = less leverage | 1.40× | 1.52× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $42.4M | — | ||
| Q3 25 | $30.7M | — | ||
| Q2 25 | $21.3M | — | ||
| Q1 25 | $18.7M | — | ||
| Q4 24 | $29.0M | — | ||
| Q3 24 | $25.4M | — | ||
| Q2 24 | $28.6M | — |
| Q1 26 | — | $621.7M | ||
| Q4 25 | $911.9M | — | ||
| Q3 25 | $906.2M | $676.4M | ||
| Q2 25 | $889.4M | $708.5M | ||
| Q1 25 | $935.0M | $710.8M | ||
| Q4 24 | $844.5M | $648.0M | ||
| Q3 24 | $804.6M | $702.8M | ||
| Q2 24 | $895.0M | $814.7M |
| Q1 26 | — | $408.0M | ||
| Q4 25 | $650.1M | — | ||
| Q3 25 | $670.3M | $376.7M | ||
| Q2 25 | $693.6M | $344.0M | ||
| Q1 25 | $1.1B | $310.6M | ||
| Q4 24 | $1.1B | $312.9M | ||
| Q3 24 | $1.2B | $295.2M | ||
| Q2 24 | $1.1B | $262.1M |
| Q1 26 | — | $1.7B | ||
| Q4 25 | $2.6B | — | ||
| Q3 25 | $2.6B | $1.7B | ||
| Q2 25 | $2.6B | $1.8B | ||
| Q1 25 | $3.1B | $1.7B | ||
| Q4 24 | $3.1B | $1.7B | ||
| Q3 24 | $3.1B | $1.8B | ||
| Q2 24 | $3.2B | $1.8B |
| Q1 26 | — | 1.52× | ||
| Q4 25 | 1.40× | — | ||
| Q3 25 | 1.35× | 1.80× | ||
| Q2 25 | 1.28× | 2.06× | ||
| Q1 25 | 0.85× | 2.29× | ||
| Q4 24 | 0.74× | 2.07× | ||
| Q3 24 | 0.68× | 2.38× | ||
| Q2 24 | 0.79× | 3.11× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $45.0M | $146.2M |
| Free Cash FlowOCF − Capex | $27.9M | $145.6M |
| FCF MarginFCF / Revenue | 7.1% | 28.1% |
| Capex IntensityCapex / Revenue | 4.4% | 0.1% |
| Cash ConversionOCF / Net Profit | — | 4.60× |
| TTM Free Cash FlowTrailing 4 quarters | $-64.0M | $125.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $146.2M | ||
| Q4 25 | $45.0M | — | ||
| Q3 25 | $42.3M | $33.0M | ||
| Q2 25 | $-32.5M | $44.6M | ||
| Q1 25 | $-20.8M | $-83.8M | ||
| Q4 24 | $27.0M | $82.4M | ||
| Q3 24 | $3.3M | $108.2M | ||
| Q2 24 | $33.2M | $26.7M |
| Q1 26 | — | $145.6M | ||
| Q4 25 | $27.9M | — | ||
| Q3 25 | $15.5M | $30.1M | ||
| Q2 25 | $-60.8M | $41.2M | ||
| Q1 25 | $-46.7M | $-91.4M | ||
| Q4 24 | $-6.9M | $74.4M | ||
| Q3 24 | $-22.9M | $104.1M | ||
| Q2 24 | $1.6M | $23.7M |
| Q1 26 | — | 28.1% | ||
| Q4 25 | 7.1% | — | ||
| Q3 25 | 4.1% | 6.4% | ||
| Q2 25 | -16.0% | 8.7% | ||
| Q1 25 | -12.5% | -22.2% | ||
| Q4 24 | -1.7% | 15.0% | ||
| Q3 24 | -6.0% | 23.6% | ||
| Q2 24 | 0.4% | 5.6% |
| Q1 26 | — | 0.1% | ||
| Q4 25 | 4.4% | — | ||
| Q3 25 | 7.1% | 0.6% | ||
| Q2 25 | 7.4% | 0.7% | ||
| Q1 25 | 6.9% | 1.8% | ||
| Q4 24 | 8.4% | 1.6% | ||
| Q3 24 | 6.9% | 0.9% | ||
| Q2 24 | 7.2% | 0.7% |
| Q1 26 | — | 4.60× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 1.31× | ||
| Q2 25 | — | 1.66× | ||
| Q1 25 | — | -6.93× | ||
| Q4 24 | — | 3.57× | ||
| Q3 24 | 0.08× | 4.66× | ||
| Q2 24 | — | 1.93× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DNUT
Segment breakdown not available.
WWW
| Sales Channel Through Intermediary | $230.2M | 44% |
| Sales Channel Directly To Consumer | $142.6M | 28% |
| Work Group | $134.0M | 26% |
| Other | $10.7M | 2% |
