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DNUT Investors Have Opportunity to Lead Krispy Kreme, Inc. Securities Fraud Lawsuit with the Schall Law Firm
Prnewswire· 2025-05-20 14:42
LOS ANGELES, May 20, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Krispy Kreme, Inc. ("Krispy Kreme" or "the Company") (NASDAQ: DNUT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between February 25, 2025 and May 7, 2025, inclusive (the "Class Period") ...
Krispy Kreme, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - DNUT
Prnewswire· 2025-05-20 09:28
CLASS PERIOD: February 25, 2025 to May 7, 2025 LOS ANGELES, May 20, 2025 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Krispy Kreme, Inc. ("Krispy Kreme " or "the Company") (NASDAQ: DNUT ) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Shareholders who purchased shares of DNUT during the class period listed are encouraged to contact the firm regarding poss ...
DNUT Shareholder Alert: Robbins LLP Informs Investors of the Krispy Kreme, Inc. Class Action Lawsuit
Prnewswire· 2025-05-19 22:16
Group 1 - A class action has been filed against Krispy Kreme, Inc. for allegedly misleading investors regarding its partnership with McDonald's [1] - The complaint claims that demand for Krispy Kreme products at McDonald's locations declined significantly after the initial marketing launch, impacting average sales [1] - Krispy Kreme reported a net revenue of $375.2 million for Q1 2025, a decline of 15.3%, and a net loss of $33.4 million compared to a net loss of $6.7 million in the prior year [2] Group 2 - The company announced it is reassessing its deployment schedule with McDonald's and has withdrawn its prior full-year outlook due to uncertainty around the partnership [2] - Following the financial results announcement, Krispy Kreme's share price fell by nearly 25%, negatively affecting investors [2] - Shareholders interested in participating in the class action must file their papers by July 15, 2025, to serve as lead plaintiff [3]
Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Krispy Kreme, Inc. (DNUT)
GlobeNewswire News Room· 2025-05-19 21:18
NEW YORK, May 19, 2025 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Western District of North Carolina on behalf of all persons or entities who purchased or otherwise acquire Krispy Kreme, Inc. (“Krispy Kreme” or the “Company”) (NASDAQ: DNUT) securities between February 25, 2025 and May 7, 2025, both dates inclusive (the “Class Period”). The Complaint alleges that Defendants made false and/or mislead ...
INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of Krispy Kreme, Inc. (DNUT) Investors – Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm
GlobeNewswire News Room· 2025-05-19 16:09
ATLANTA, May 19, 2025 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against Krispy Kreme, Inc. (“Krispy Kreme” or the “Company”) (NASDAQ: DNUT). The lawsuit alleges that Defendants made materially false and/or misleading statements and/or failed to disclose material adverse information about Krispy Kreme’s business, operations, and prospects, including allegations that: (1) demand for Krispy Kreme products declined materially at McDonald’s locations after the initial marketing launch ...
DNUT INVESTOR ALERT: Krispy Kreme, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2025-05-19 13:15
SAN DIEGO, May 19, 2025 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Krispy Kreme, Inc. (NASDAQ: DNUT) securities between February 25, 2025 and May 7, 2025, inclusive (the "Class Period"), have until July 15, 2025 to seek appointment as lead plaintiff of the Krispy Kreme class action lawsuit.  Captioned Cameron v. Krispy Kreme, Inc., No. 25-cv-00332 (W.D.N.C.), the Krispy Kreme class action lawsuit charges Krispy Kreme and certain of Krispy Kreme ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Krispy Kreme, Inc. - DNUT
GlobeNewswire News Room· 2025-05-18 14:00
Core Viewpoint - Krispy Kreme, Inc. is under investigation for potential securities fraud and unlawful business practices following a significant drop in revenue and the suspension of its full-year guidance and dividend payments [1][3]. Financial Performance - On May 8, 2025, Krispy Kreme reported a notable decline in revenue attributed to "consumer softness leading to a decline in doughnut shop transaction volume" [3]. - The company pulled its full-year guidance and suspended future dividend payments due to a challenging environment and efforts to preserve cash [3]. Stock Market Reaction - Following the financial results announcement on May 8, 2025, Krispy Kreme's stock price fell by $1.07 per share, or 24.71%, closing at $3.26 per share [4]. - On May 9, 2025, after analysts from Evercore ISI and Citigroup reduced their price targets for Krispy Kreme, the stock price further declined by $0.53 per share, or 16.26%, closing at $2.73 per share [4].
DNUT INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Krispy Kreme, Inc. Investors with Substantial Losses Have Opportunity to Lead the Krispy Kreme Class Action Lawsuit
GlobeNewswire News Room· 2025-05-16 22:51
Core Viewpoint - Krispy Kreme, Inc. is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with claims of misleading statements regarding its partnership with McDonald's and declining product demand [1][3]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled Cameron v. Krispy Kreme, Inc., and it involves purchasers of Krispy Kreme securities from February 25, 2025, to May 7, 2025 [1]. - Investors have until July 15, 2025, to seek appointment as lead plaintiff in the lawsuit [1]. - The lawsuit alleges that Krispy Kreme's executives made false statements about the profitability and demand for their products at McDonald's locations [3]. Group 2: Financial Performance - Krispy Kreme reported a 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 - The lawsuit claims that demand for Krispy Kreme products significantly declined at McDonald's locations after an initial marketing launch [3]. - It is alleged that this decline in demand contributed to decreasing average sales per door per week and posed risks to the partnership's sustainability [3]. - Krispy Kreme announced it would pause expansion into new McDonald's locations due to these challenges [3].
Krispy Kreme, Inc. Investors: Company Investigated by the Portnoy Law Firm
GlobeNewswire News Room· 2025-05-12 21:35
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, May 12, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Krispy Kreme, Inc. (“Krispy Kreme” or “the Company”) (NASDAQ: DNUT) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. Krispy Kreme, Inc. investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq. Investors are encouraged to c ...
INVESTOR ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Krispy Kreme
GlobeNewswire News Room· 2025-05-11 11:42
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Krispy Kreme, Inc. following significant financial losses reported by the company, which have adversely affected its stock price and injured investors [3][4][5]. Financial Performance - On February 25, 2025, Krispy Kreme reported fourth quarter 2024 financial results with net revenue of $404.0 million, reflecting a decline of 10.4% compared to the previous year, and a decrease in sales per door per week due to a changing customer mix [4]. - Following this announcement, Krispy Kreme's stock price dropped by $2.00, or 21.9%, closing at $7.13 per share on the same day [4]. - On May 8, 2025, the company released its first quarter 2025 financial results, showing net revenue of $375.2 million, a decline of 15.3%, and a net loss of $33.4 million, compared to a net loss of $6.7 million in the prior year [5]. - The stock price fell further by $1.07, or 24.7%, closing at $3.26 per share after this announcement [5]. Company Actions - Krispy Kreme announced it is reassessing its deployment schedule with McDonald's and has withdrawn its prior full year outlook due to uncertainties surrounding the partnership [5].