Krispy Kreme(DNUT)

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KRISPY KREME INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. is Investigating Krispy Kreme, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-07-16 23:56
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Krispy Kreme, Inc. due to a class action lawsuit alleging breaches of fiduciary duties by the board of directors during a specified class period [1][2]. Group 1: Class Action Lawsuit Details - The class action lawsuit claims that Krispy Kreme made false or misleading statements regarding the demand for its products at McDonald's locations, which significantly declined after the initial marketing launch [2]. - It is alleged that the declining demand at McDonald's contributed to a decrease in average sales per door per week and that the partnership with McDonald's was not profitable, posing risks to the continuation of this partnership [2]. - The lawsuit also states that Krispy Kreme would pause its expansion into new McDonald's locations due to these issues [2]. Group 2: Financial Performance - On May 8, 2025, Krispy Kreme reported its first quarter 2025 financial results, revealing net revenue of $375.2 million, a decline of 15.3% compared to the previous year [3]. - The company also reported a net loss of $33.4 million, a significant increase from the prior year's net loss of $6.7 million [3]. - Following the release of these financial results, Krispy Kreme announced it would reassess its deployment schedule with McDonald's and withdrew its prior full-year outlook, citing uncertainty around the McDonald's deployment schedule [3]. - The announcement led to a nearly 25% drop in Krispy Kreme's share price [3].
DNUT DEADLINE TUESDAY: ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Krispy Kreme, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important July 15 Deadline in Securities Class Action – DNUT
GlobeNewswire News Room· 2025-07-13 00:10
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Krispy Kreme, Inc. securities between February 25, 2025, and May 7, 2025, of the July 15, 2025, deadline to become a lead plaintiff in a class action lawsuit [1][2]. Group 1: Class Action Details - A class action lawsuit has been filed against Krispy Kreme, and investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1][2]. - To join the class action, investors can submit a form or contact the law firm for more information [2][5]. - The lawsuit claims that during the class period, Krispy Kreme made false and misleading statements regarding the demand for its products, particularly at McDonald's locations, which negatively impacted sales and the partnership [4]. Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time and being ranked No. 1 for securities class action settlements in 2017 [3]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [3]. - Founding partner Laurence Rosen has been recognized as a Titan of Plaintiffs' Bar by Law360, and many attorneys at the firm have received accolades from Lawdragon and Super Lawyers [3].
KRISPY KREME DEADLINE ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Krispy Kreme, Inc. and Urgently Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-07-12 16:00
Core Viewpoint - A class action lawsuit has been filed against Krispy Kreme, alleging that the company made false statements regarding its partnership with McDonald's and the demand for its products, leading to significant financial losses for investors [1][3][4]. Group 1: Lawsuit Details - The class action lawsuit is on behalf of all individuals and entities who purchased Krispy Kreme securities between March 26, 2024, and May 7, 2025 [1]. - Investors have until July 15, 2025, to apply to be appointed as lead plaintiff in the lawsuit [1]. - The lawsuit claims that demand for Krispy Kreme products declined significantly at McDonald's locations after the initial marketing launch [3]. Group 2: Financial Performance - Krispy Kreme reported net revenue of $375.2 million for the first quarter of 2025, representing a decline of 15.3% compared to the previous year [4]. - The company also reported a net loss of $33.4 million, compared to a net loss of $6.7 million in the prior year [4]. - Following the release of these financial results, Krispy Kreme's share price fell by nearly 25% [4]. Group 3: Partnership with McDonald's - Krispy Kreme and McDonald's expanded their partnership nationwide starting in the second half of 2024, following a small-scale test in 2022 [2]. - The lawsuit alleges that the partnership was not profitable and posed a substantial risk to maintaining the collaboration with McDonald's [3]. - Krispy Kreme announced it is reassessing its deployment schedule with McDonald's and has withdrawn its prior full-year outlook due to uncertainty around the partnership [4].
Levi & Korsinsky Notifies Krispy Kreme, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline – DNUT
GlobeNewswire News Room· 2025-07-11 20:25
Core Viewpoint - A class action securities lawsuit has been filed against Krispy Kreme, Inc. for alleged securities fraud affecting investors between March 26, 2024, and May 7, 2025 [1] Group 1: Lawsuit Details - The lawsuit claims that Krispy Kreme's management provided misleading statements regarding the demand for its products at McDonald's locations, failing to disclose that lower demand was impacting average weekly sales per store [2] - The partnership with McDonald's was reported to be unprofitable, leading to a pause in expansion into new locations [2] - Krispy Kreme reported a net revenue decline of $404 million, a decrease of 10.4%, and a drop in average sales per door per week due to changing customer mix [2] Group 2: Financial Impact - Following the release of disappointing fourth quarter 2024 results, Krispy Kreme's stock price fell from $9.13 per share to $7.13 per share on February 25, 2025 [2] - In the first quarter of 2025, the company reported net revenue of $375.2 million, a decline of 15.3% or $67.5 million, and withdrew its full-year outlook due to uncertainty around the McDonald's deployment schedule [2] - The stock price further declined from $4.33 per share on May 7, 2025, to $3.26 per share on May 8, 2025, representing a drop of about 25% in one day [2] Group 3: Next Steps for Investors - Investors who suffered losses during the relevant time frame have until July 15, 2025, to request appointment as lead plaintiff in the lawsuit [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 4: Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [4] - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4]
July 15, 2025 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against DNUT
Prnewswire· 2025-07-11 13:00
Core Viewpoint - A class action securities lawsuit has been filed against Krispy Kreme, Inc. due to alleged securities fraud affecting investors between March 26, 2024, and May 7, 2025 [1] Group 1: Lawsuit Details - The lawsuit claims that Krispy Kreme's management provided overly positive statements while concealing negative facts about the demand for its products at McDonald's locations [2] - It was revealed that lower demand at McDonald's contributed to a decline in average weekly sales per store, and the partnership with McDonald's was not profitable, leading to a pause in expansion [2] - Krispy Kreme reported a net revenue decline of $404 million, a decrease of 10.4%, and a drop in average sales per door per week due to changing customer mix [2] Group 2: Financial Impact - Following the release of disappointing fourth quarter 2024 results, Krispy Kreme's stock price fell from $9.13 to $7.13 per share [2] - In the first quarter of 2025, the company reported net revenue of $375.2 million, a decline of 15.3% or $67.5 million, and announced a reassessment of its partnership with McDonald's [2] - On May 8, 2025, the stock price dropped from $4.33 to $3.26 per share, a decline of approximately 25% in one day [2] Group 3: Next Steps for Investors - Investors who suffered losses during the relevant time frame have until July 15, 2025, to request to be appointed as lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 4: Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [4] - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4]
Shareholders that lost money on Krispy Kreme, Inc.(DNUT) Urged to Join Class Action – Contact The Gross Law Firm to Learn More
GlobeNewswire News Room· 2025-07-10 20:54
Core Viewpoint - The Gross Law Firm is notifying shareholders of Krispy Kreme, Inc. regarding a class action lawsuit due to allegations of misleading statements related to the company's partnership with McDonald's and its impact on sales performance [1][3]. Summary by Relevant Sections Allegations - The complaint alleges that Krispy Kreme's management provided overly positive statements while concealing material adverse facts about the demand for Krispy Kreme products at McDonald's locations [3]. - It is claimed that lower demand at McDonald's led to declining average weekly sales per store, and the partnership was not profitable, prompting Krispy Kreme to pause expansion into new locations [3]. Financial Performance - On February 25, 2025, Krispy Kreme reported a net revenue decline of $404 million, a decrease of 10.4%, and a drop in average sales per door per week due to changing customer mix [3]. - Following this announcement, the stock price fell from $9.13 per share on February 24, 2025, to $7.13 per share on February 25, 2025 [3]. - On May 8, 2025, the company reported first quarter 2025 net revenue of $375.2 million, a decline of 15.3% or $67.5 million, and announced a reassessment of its partnership with McDonald's [3]. - The stock price further declined from $4.33 per share on May 7, 2025, to $3.26 per share on May 8, 2025, representing a drop of about 25% in one day [3]. Next Steps for Shareholders - Shareholders who purchased shares during the specified class period are encouraged to register for the class action by July 15, 2025, to potentially become lead plaintiffs [4]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the case lifecycle [4].
Kuehn Law Encourages Investors of Krispy Kreme, Inc. to Contact Law Firm
Prnewswire· 2025-07-10 14:25
Core Viewpoint - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by certain officers and directors of Krispy Kreme, Inc. related to misleading statements about the company's performance and partnership with McDonald's [1]. Group 1: Company Performance and Misrepresentation - Insiders at Krispy Kreme allegedly caused the company to misrepresent or fail to disclose a significant decline in demand for Krispy Kreme products at McDonald's locations following the initial marketing launch [2]. - The decline in demand at McDonald's locations was identified as a contributing factor to decreasing average sales per door per week [2]. - The partnership with McDonald's was reported to be unprofitable, posing substantial risks to the continuation of the partnership [2]. - As a result of these issues, Krispy Kreme is expected to pause its expansion into new McDonald's locations [2]. - Positive statements made by the company regarding its business, operations, and prospects were deemed materially misleading and lacking a reasonable basis [2].
The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of Krispy Kreme, Inc.(DNUT) Shareholders
Prnewswire· 2025-07-10 13:00
NEW YORK, July 10, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Krispy Kreme, Inc. (NASDAQ: DNUT).Shareholders who purchased shares of DNUT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/krispy-kreme-inc-loss-submission-form/?id=156030&from=4CLASS PERIOD: March 26, 2024 to ...
Krispy Kreme, Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before July 15, 2025 to Discuss Your Rights – DNUT
GlobeNewswire News Room· 2025-07-08 19:48
Core Viewpoint - A class action securities lawsuit has been filed against Krispy Kreme, alleging securities fraud that negatively impacted investors between March 26, 2024, and May 7, 2025 [1] Group 1: Lawsuit Details - The lawsuit claims that Krispy Kreme's management made overly positive statements while concealing adverse facts about the demand for its products at McDonald's locations [2] - It is alleged that lower demand at McDonald's led to declining average weekly sales per store, and the partnership with McDonald's was not profitable, causing Krispy Kreme to pause expansion plans [2] - Krispy Kreme reported a net revenue decline of $404 million, or 10.4%, and a decrease in average sales per store due to changing customer preferences [2] Group 2: Stock Price Impact - Following the release of disappointing financial results on February 25, 2025, Krispy Kreme's stock price fell from $9.13 to $7.13 per share [2] - On May 8, 2025, the company announced a first-quarter 2025 net revenue of $375.2 million, a decline of 15.3% or $67.5 million, leading to a further stock price drop from $4.33 to $3.26 per share, a decrease of about 25% in one day [2] Group 3: Next Steps for Investors - Investors who suffered losses during the relevant period have until July 15, 2025, to request to be appointed as lead plaintiff in the lawsuit [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 4: Firm Background - Levi & Korsinsky has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [4] - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4]
INVESTOR ALERT: Holzer & Holzer, LLC Reminds Investors of July 15, 2025 Lead Plaintiff Deadline in the Krispy Kreme, Inc. (DNUT) Class Action – Investors With Significant Losses Encouraged to Contact the Firm
GlobeNewswire News Room· 2025-07-08 18:01
Core Points - A shareholder class action lawsuit has been filed against Krispy Kreme, alleging that the company made materially false and misleading statements regarding its business and operations [1] - The lawsuit claims that demand for Krispy Kreme products significantly declined at McDonald's locations after the initial marketing launch, impacting average sales per door per week [1] - It is alleged that the partnership with McDonald's was not profitable, posing a substantial risk to maintaining the partnership and leading to a pause in expansion into new McDonald's locations [1] Legal Information - Shareholders who purchased Krispy Kreme shares between March 26, 2024, and May 7, 2025, and experienced significant losses are encouraged to discuss their legal rights [2] - The deadline to request appointment as lead plaintiff in the case is July 15, 2025 [3] - Holzer & Holzer, LLC is a law firm specializing in securities litigation and has a history of recovering funds for shareholders affected by corporate misconduct [3]