Krispy Kreme is a global sweet treat brand that manufactures and sells fresh doughnuts made from proprietary formulations through an omni-channel distribution model spanning company-operated shops, franchise locations, fresh delivery to retail partners, and digital platforms. The company operates Hot Light Theater Shops and Fresh Shops where doughnuts are produced daily, supplemented by a Hub and Spoke logistics system that delivers fresh doughnuts to supermarkets, convenience stores, restaurants, and delivery services across multiple countries. Revenue comes from direct doughnut sales to consumers, product sales to franchisees, franchise fees and royalties, and supplies and equipment sales to franchise partners, with the company gradually shifting toward a more capital-light franchise-based model to improve returns and margins.