LOS ANGELES, June 09, 2025 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP reminds investors of the upcoming July 15, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Krispy Kreme, Inc. (“Krispy Kreme” or the “Company”) (NASDAQ: DNUT) securities between February 25, 2025 and May 7, 2025, inclusive (the “Class Period”). IF YOU SUFFERED A LOSS ON YOUR KRISPY KREME INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLA ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Krispy Kreme To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Krispy Kreme between February 25, 2025 and May 7, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, June 06, 2025 (GLOBE NEWSWIRE) -- ...

NEW YORK, June 6, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Krispy Kreme, Inc. ("Krispy Kreme, Inc." or the "Company") (NASDAQ: DNUT) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Krispy Kreme, Inc. investors who were adversely affected by alleged securities fraud between February 25, 2025 and May 7, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/krispy-kreme ...

Core Viewpoint - The Krispy Kreme class action lawsuit alleges that the company and its executives made misleading statements regarding the demand for their products at McDonald's locations, which has led to significant financial losses and a decline in stock price [1][4][5]. Company Overview - Krispy Kreme, Inc. (NASDAQ: DNUT) produces doughnuts and has recently partnered with McDonald's to offer its products at their restaurants [3]. - The partnership began with a small-scale test in October 2022 and was announced for nationwide expansion in March 2024 [3]. Allegations of the Lawsuit - The lawsuit claims that demand for Krispy Kreme products at McDonald's locations declined significantly after the initial launch, impacting average sales per location [4]. - It is alleged that the partnership with McDonald's was not profitable and posed risks to the continuation of the partnership [4]. - As a result of these issues, Krispy Kreme is reportedly pausing its expansion into new McDonald's locations [4]. Financial Performance - On May 8, 2025, Krispy Kreme reported first-quarter 2025 financial results, revealing net revenue of $375.2 million, a decline of 15.3% year-over-year, and a net loss of $33.4 million compared to a net loss of $6.7 million in the prior year [5]. - The company announced it is reassessing its deployment schedule with McDonald's and has withdrawn its previous full-year outlook due to uncertainties surrounding the partnership [5]. - Following the financial report, Krispy Kreme's stock price fell by nearly 25% [5].

NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Krispy Kreme, Inc. ("Krispy Kreme, Inc." or the "Company") (NASDAQ: DNUT) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Krispy Kreme, Inc. investors who were adversely affected by alleged securities fraud between February 25, 2025 and May 7, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/krisp ...

ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) demand for Krispy Kreme products declined materially at McDonald's locations after the initial marketing launch; (2) demand at McDonald's locations was a driver of declining average sales per door per week; (3) the partnership with McDonald's was not profitable; (4) the foregoing posed a substantial risk to maintaining the partnership with McDon ...

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Core Points - Krispy Kreme Doughnuts will celebrate National Doughnut Day on June 6, 2025, with free pastries and special deals [3][8] - The celebration includes a promotion where customers can buy a dozen original glazed doughnuts for $2 with the purchase of any dozen at regular price [4][5] - Additionally, Krispy Kreme will launch a "14 days of original glazed" campaign from June 6 to June 20, offering rewards members a dozen original glazed doughnuts for $9.99 [9] National Doughnut Day Details - National Doughnut Day is celebrated on the first Friday in June, with origins tracing back to World War I when The Salvation Army served doughnuts to soldiers [5][6] - The day was established as a fundraiser during the Great Depression and now serves to enjoy doughnuts while providing comfort to those in need [6] Competitor Activity - Dunkin' has also announced its plans to celebrate National Doughnut Day with free donuts and a collaboration with Stoney Clover Lane [7] Company Insights - Krispy Kreme's Chief Growth Officer highlighted the significance of National Doughnut Day for fans and the brand, especially as the original glazed doughnut approaches its 88th anniversary [8] - The company offers a variety of doughnuts, including traditional and unique flavors, across its nationwide stores [10]

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Krispy Kreme, Inc. regarding a class action lawsuit due to alleged misleading statements and failure to disclose critical information during a specified class period [1][3]. Allegations - The complaint alleges that demand for Krispy Kreme products significantly declined at McDonald's locations following the initial marketing launch [3]. - It is claimed that the decline in demand at McDonald's was a contributing factor to decreasing average sales per door per week [3]. - The partnership with McDonald's is alleged to have been unprofitable, posing substantial risks to maintaining this partnership [3]. - As a result of these issues, the company is expected to pause its expansion into new McDonald's locations [3]. - The defendants' positive statements regarding the company's business and prospects are claimed to be materially misleading and lacking a reasonable basis [3]. Class Action Details - The class period for the lawsuit is defined as February 25, 2025, to May 7, 2025 [3]. - Shareholders are encouraged to register for the class action by the deadline of July 15, 2025, to potentially participate in recovery [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software throughout the case lifecycle [4]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit and illegal business practices [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements that led to artificial inflation of stock prices [5].

Core Viewpoint - A class action lawsuit has been filed against Krispy Kreme, Inc. for failing to disclose significant declines in demand for its products at McDonald's locations, which has impacted its financial performance and partnership with McDonald's [1][5]. Financial Performance - Krispy Kreme reported net revenue of $375.2 million for Q1 2025, reflecting a decline of 15.3% compared to the previous year [4]. - The company experienced a net loss of $33.4 million in Q1 2025, compared to a net loss of $6.7 million in the prior year [4]. - Following the financial results announcement, Krispy Kreme's share price dropped by $1.07, or approximately 24%, from $4.33 on May 7, 2025, to $3.26 on May 8, 2025 [4]. Partnership with McDonald's - Krispy Kreme began a small-scale test of offering donuts at McDonald's in Louisville, Kentucky, in October 2022, and announced a nationwide expansion of this partnership starting in the second half of 2024 [3]. - The company is reassessing its deployment schedule with McDonald's and has withdrawn its prior full-year outlook due to uncertainties surrounding this partnership [4]. Allegations in the Lawsuit - The lawsuit alleges that Krispy Kreme failed to disclose that demand for its products at McDonald's locations declined significantly after the initial marketing launch [5]. - It is claimed that this decline in demand was a key factor in decreasing average sales per door per week and that the partnership with McDonald's was not profitable [5]. - The lawsuit also states that these issues posed a substantial risk to maintaining the partnership and that the company would pause expansion into new McDonald's locations as a result [5].