SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT


                         Pursuant to Section 13 or 15(d)
                     of the Securities Exchange Act of 1934


                Date of Report (Date of earliest event reported)
                                November 21, 2003


                          KRISPY KREME DOUGHNUTS, INC.
                          ----------------------------
             (Exact name of registrant as specified in its charter)


        North Carolina                      001-16485            56-2169715
- ---------------------------------    ---------------------  --------------------
(State or other jurisdiction               (Commission        (I.R.S. Employer
of incorporation)                           File Number)     Identification No.)

      370 Knollwood Street
      Winston-Salem, North Carolina                                27103
- ---------------------------------------------------------     ------------------
(Address of principal executive offices)                         (Zip Code)



Registrant's telephone number, including area code (336) 725-2981
                                                   --------------




Item 12.  Results of Operations and Financial Condition.

     On November 21, 2003, Krispy Kreme Doughnuts, Inc. issued a press release
announcing its financial results for its third fiscal quarter ended November 2,
2003.

     A copy of the press release is attached as Exhibit 99.1 to this Current
Report.









                                   SIGNATURES


     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                     KRISPY KREME DOUGHNUTS, INC.



Dated:  November 21, 2003            By:  /s/ Randy S. Casstevens
                                          --------------------------------------
                                          Name:  Randy S. Casstevens
                                          Title: Senior Vice President and
                                                   Chief Financial Officer






                                  EXHIBIT INDEX


Exhibit No.                 Description
- -----------                 -----------

99.1                        Press Release dated November 21, 2003