Core Insights - Kirby McInerney LLP is investigating potential claims against Krispy Kreme, Inc. regarding possible violations of federal securities laws and unlawful business practices [1] Financial Performance - On February 25, 2025, Krispy Kreme reported fourth quarter 2024 financial results with net revenue of $404.0 million, a decline of 10.4%, and a decrease in sales per door per week due to changing customer mix. Following this announcement, the share price fell by $2.00, or approximately 22%, from $9.13 to $7.13 [3] - On May 8, 2025, Krispy Kreme released 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 prior year net loss of $6.7 million. The company also announced a reassessment of its deployment schedule with McDonald's and withdrew its full year outlook, leading to a share price drop of $1.07, or approximately 25%, from $4.33 to $3.26 [4]

Core Viewpoint - Krispy Kreme is pausing its planned rollout of selling doughnuts in McDonald's locations nationwide to reassess the deployment schedule and achieve a profitable business model for both parties [1][2]. Company Summary - As of the end of March, Krispy Kreme sells doughnuts in over 2,400 McDonald's restaurants and does not expect to add more locations in the second quarter of 2025 [1]. - The partnership between Krispy Kreme and McDonald's was announced in March 2024, with the goal of selling doughnuts at all McDonald's locations in the US by the end of 2026 [2][4]. - Krispy Kreme's CEO mentioned that demand fell below expectations after the initial launch, necessitating intervention [2]. - The company has pulled its full-year outlook due to macroeconomic softness and uncertainty surrounding the McDonald's deployment schedule [4]. Industry Summary - Fast-food restaurants, including McDonald's, are experiencing sluggish sales attributed to economic uncertainty affecting consumer spending [4][5]. - McDonald's US same-store sales dropped by 3.6% in the first quarter, marking the largest decline since the COVID-19 pandemic in 2020 [4]. - Other restaurant chains, such as Domino's Pizza, Chipotle Mexican Grill, and Starbucks, have also reported decreased consumer spending on dining out due to inflation and a negative economic outlook [5].

Following the publication of its first-quarter results on Thursday morning, investors bailed from Krispy Kreme (DNUT -16.56%) stock. On Friday, it was apparent that analysts were finding the stock distasteful, too. On the back of two pundit price target cuts, the donut slinger's share price eroded again, posting a Friday decline of more than 16%. Meanwhile, the S&P 500 (^GSPC -0.07%) traded essentially flat on the day.A pair of price target chopsWell before market open that day, Evercore ISI analyst David P ...

NEW YORK, May 09, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Krispy Kreme, Inc. (“Krispy Kreme” or the “Company”) (NASDAQ: DNUT). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.    The investigation concerns whether Krispy Kreme and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q _________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 30, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number: 001-40573 Krispy Kreme, Inc. (Exact name of registrant as specified in its c ...

It's been a while since I last reviewed the operations of Krispy Kreme, Inc. (NASDAQ: DNUT ). In my last article , I was cautious about Krispy Kreme's prospects, as the company was trading at elevated valuation multiples with aAuthor of the Macro Trends & Inflection Points Newsletter. I spent 5 years as a co-founder and hedge fund CIO / manager. Before that, I was a hedge fund analyst/portfolio manager at a leading Canadian alternative asset manager. I write articles as part of my own due diligence on the s ...

Krispy Kreme stock plunged 24% on Thursday morning after the doughnut chain said it is "reassessing" its rollout with McDonald's and pulled its full-year outlook in part due to economic "softness."Krispy Kreme is not planning to launch its doughnuts in any additional McDonald's locations in the second quarter, suspending a nationwide rollout. As of March 30, more than 2,400 of the burger chain's roughly 13,500 domestic locations carried Krispy Kreme doughnuts."I remain confident in the long-term national op ...

Krispy Kreme (DNUT) Q1 2025 Earnings Call May 08, 2025 08:30 AM ET Company Participants Alexandre Eldredge - Senior Manager of IRJoshua Charlesworth - President & CEOJeremiah Ashukian - EVP & CFORahul Krotthapalli - Vice President - Equity ResearchBill Chappell - Managing Director Conference Call Participants Daniel Guglielmo - Equity Research AnalystNone - AnalystAndrew Wolf - SVP & Senior Research Analyst Operator Hello, everyone, and thanks for standing by. My name is Ian, and I will be your conference o ...

Krispy Kreme (DNUT) Q1 2025 Earnings Call May 08, 2025 08:30 AM ET Speaker0 Hello, everyone, and thanks for standing by. My name is Ian, and I will be your conference operator today. At this time, I'd like to welcome everyone to the Krispy Kreme First Quarter twenty twenty five Earnings Call. I would now like to turn the call over to Alexander Eldridge, Krispy Kreme Investor Relations. Please go ahead. Speaker1 Thank you. Good morning, everyone. Welcome to Krispy Kreme's first quarter twenty twenty five ear ...

Krispy Kreme (DNUT) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 16.67%. A quarter ago, it was expected that this doughnut wholesaler and retailer would post earnings of $0.10 per share when it actually produced earnings of $0.01, delivering a surprise of -90%.Over the last four quarte ...