Core Viewpoint - The article discusses a class action lawsuit against Krispy Kreme, Inc. (NASDAQ: DNUT) due to allegations of misleading statements regarding the demand for its products at McDonald's locations, which led to significant declines in the company's stock price [2][4]. Group 1: Allegations and Financial Impact - The class period for the lawsuit is from March 26, 2024, to May 7, 2025, during which defendants allegedly made positive statements while concealing negative facts about product demand at McDonald's [2]. - Krispy Kreme reported a net revenue decline of $404 million, a decrease of 10.4%, and a drop in average sales per store due to changing customer preferences [2]. - Following the release of disappointing fourth quarter 2024 results, Krispy Kreme's stock price fell from $9.13 per share on February 24, 2025, 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 announced a reassessment of its partnership with McDonald's [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 2: Next Steps for Shareholders - Shareholders who purchased shares during the class period are encouraged to register for the class action by July 15, 2025, to potentially become lead plaintiffs [3]. - Registered shareholders will receive updates through a portfolio monitoring software regarding the status of the case [3]. Group 3: Legal Representation - The Gross Law Firm is leading the class action and aims to protect investors' rights against deceit and fraud in business practices [4]. - The firm emphasizes its commitment to ensuring responsible business practices and seeks recovery for investors affected by misleading statements [4].

Core Viewpoint - The article discusses a class action lawsuit against Krispy Kreme, Inc. (NASDAQ: DNUT) due to allegations of misleading statements regarding the demand for its products at McDonald's locations, which negatively impacted the company's stock performance [1][3]. Summary by Sections Allegations - The complaint alleges that Krispy Kreme's management provided overly positive statements while concealing material adverse facts about declining demand at McDonald's locations, which contributed to a decrease in average weekly sales per store [3]. - The partnership with McDonald's was reportedly unprofitable, leading Krispy Kreme to pause its expansion into new locations [3]. Financial Performance - On February 25, 2025, Krispy Kreme reported disappointing fourth quarter 2024 results, with net revenue of $404 million, a decline of 10.4%, and a decrease in average sales per door per week due to a 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 deployment schedule with McDonald's [3]. - The stock price dropped from $4.33 per share on May 7, 2025, to $3.26 per share on May 8, 2025, marking a decline of about 25% in one day [3]. Next Steps for Shareholders - Shareholders who purchased DNUT 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].

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] Group 1: Class Action Details - Investors who bought Krispy Kreme securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court by July 15, 2025, to serve as lead plaintiff [2] - The Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions [3] Group 2: Case Allegations - The lawsuit alleges that during the Class Period, defendants made false and misleading statements regarding Krispy Kreme's business, including a material decline in demand for Krispy Kreme products at McDonald's locations [4] - It is claimed that the partnership with McDonald's was not profitable, which posed a substantial risk to maintaining that partnership and led to a pause in expansion into new McDonald's locations [4] - The lawsuit asserts that the misleading statements resulted in investor damages when the true details became public [4]

Core Viewpoint - A class action securities lawsuit has been filed against Krispy Kreme, Inc. alleging securities fraud that negatively impacted investors between February 25, 2025, and May 7, 2025 [1][2]. Group 1: Allegations of the Lawsuit - The lawsuit claims that demand for Krispy Kreme products significantly declined at McDonald's locations following the initial marketing launch [2]. - It is alleged that the drop in demand at McDonald's was a contributing factor to the decrease in average sales per door per week [2]. - The partnership with McDonald's is claimed to have been unprofitable, posing a substantial risk to its continuation [2]. - As a result of these issues, the company is said to have paused its expansion into new McDonald's locations [2]. - The defendants' positive statements regarding the company's business and prospects are alleged to have been materially misleading and lacked a reasonable basis [2]. Group 2: Next Steps for Affected Investors - Investors who suffered losses during the specified timeframe have until July 15, 2025, to request appointment as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and has a strong track record in complex securities litigation [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4].

Core Viewpoint - A class action lawsuit has been filed against Krispy Kreme, Inc. for allegedly misleading investors regarding its partnership with McDonald's and the subsequent decline in demand for its products [1][2]. Allegations - The lawsuit claims that Krispy Kreme did not disclose significant issues, including a material decline in demand for its products at McDonald's locations after the initial marketing launch [2] - It is alleged that this decline in demand contributed to a decrease in average sales per door per week and that the partnership with McDonald's was not profitable [2] - The company is said to have faced substantial risks in maintaining the partnership, leading to a pause in expansion into new McDonald's locations [2] Financial Results - On May 8, 2025, Krispy Kreme reported 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, compared to a net loss of $6.7 million in the prior year [3] - Krispy Kreme announced it would reassess its deployment schedule with McDonald's and withdraw its previous full-year outlook due to uncertainties surrounding the partnership [3] - Following this announcement, Krispy Kreme's share price fell by nearly 25%, negatively impacting investors [3] Class Action Participation - Shareholders interested in serving as lead plaintiffs in the class action must file their papers by July 15, 2025 [4] - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [4] Legal Representation - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses [5]

Core Viewpoint - A class action lawsuit has been filed against Krispy Kreme, Inc. for allegedly providing misleading statements regarding the demand for its products at McDonald's locations, which contributed to declining sales and stock prices [1][3]. Financial Performance - Krispy Kreme reported a net revenue of $404 million for the fourth quarter of 2024, reflecting a decline of 10.4% [4]. - The company's first quarter 2025 net revenue was $375.2 million, a decrease of 15.3% or $67.5 million compared to the previous period [5]. Stock Price Impact - Following the announcement of disappointing fourth quarter results on February 25, 2025, Krispy Kreme's stock price fell from $9.13 to $7.13 per share [4]. - After the first quarter 2025 results were released on May 8, 2025, the stock price dropped from $4.33 to $3.26 per share, a decline of approximately 25% in one day [5]. Legal Proceedings - The class action lawsuit, Elizabeth Leodler v. Krispy Kreme, Inc., was initiated in the United States District Court for the Western District of North Carolina [1]. - Investors who suffered losses in Krispy Kreme securities have until July 15, 2025, to request appointment as lead plaintiff in the lawsuit [6].

Core Viewpoint - Krispy Kreme's stock experienced significant gains due to its inclusion in new indexes, despite a substantial decline in its share price over the year [1][2][4] Group 1: Stock Performance - Krispy Kreme's share price rose by 9.8% in a single trading day, outperforming the S&P 500 and Nasdaq Composite indexes, which increased by 0.5% and 0.4% respectively [1] - The stock had previously risen as much as 11.7% during the trading session before closing lower [1] - Despite the recent gains, Krispy Kreme's share price is down 71% year-to-date [2] Group 2: Index Inclusion - Krispy Kreme was included in multiple Russell indexes, including the Russell 2000 Value index and the Russell 3000E Value index, as part of the annual midyear recombination [4] - The inclusion in these indexes necessitates that exchange-traded funds (ETFs) and other funds purchase Krispy Kreme stock to reflect its new status [4] Group 3: Recent Challenges - The company has faced downward pressure following the end of its partnership with McDonald's, although its shares are only down 1% over the last month [5] - Krispy Kreme reported a revenue decline of approximately 15% year-over-year, totaling $357.2 million for the quarter, and posted a non-GAAP loss per share of $0.05, a shift from a profit of $0.07 per share in the same quarter last year [6] - Currently valued at around $496 million, Krispy Kreme's stock trades at just 32% of this year's expected sales, indicating a potentially undervalued position, but stability in sales and margins is necessary for a sustained rally [7]

Core Viewpoint - A class action securities lawsuit has been filed against Krispy Kreme, Inc. alleging securities fraud that negatively impacted investors between February 25, 2025, and May 7, 2025 [1][2]. Group 1: Allegations of the Lawsuit - The lawsuit claims that demand for Krispy Kreme products significantly declined at McDonald's locations following the initial marketing launch [2]. - It is alleged that the drop in demand at McDonald's was a contributing factor to the decrease in average sales per door per week [2]. - The partnership with McDonald's is claimed to be unprofitable, posing a substantial risk to its continuation [2]. - As a result of these issues, the company is said to have paused its expansion into new McDonald's locations [2]. - The defendants' positive statements regarding the company's business and prospects are alleged to be materially misleading and lacking a reasonable basis [2]. Group 2: Next Steps for Affected Investors - Investors who suffered losses during the specified timeframe have until July 15, 2025, to request appointment as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff to share in any potential recovery [3]. - Class members may be entitled to compensation without incurring any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has a strong track record in high-stakes securities litigation [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4].

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 - Investors who bought Krispy Kreme securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court by July 15, 2025, to serve as lead plaintiff [2]. - The Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions [3]. Group 2: Case Allegations - The lawsuit alleges that during the Class Period, Krispy Kreme made false and misleading statements regarding the demand for its products at McDonald's locations, which declined significantly after the initial marketing launch [4]. - It is claimed that the partnership with McDonald's was not profitable and posed substantial risks to maintaining the partnership, leading to a pause in expansion into new locations [4]. - The lawsuit asserts that the positive statements made by Krispy Kreme about its business and prospects were materially misleading and lacked a reasonable basis [4].

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 participate in the class action, investors must move the Court to serve as lead plaintiff by July 15, 2025 [2]. - The lawsuit alleges that Krispy Kreme made false and misleading statements regarding the demand for its products at McDonald's locations, which negatively impacted sales and the partnership's profitability [4]. Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own success in recovering significant amounts for investors [3]. - The firm has been recognized for its achievements in securities class action settlements, including a record settlement against a Chinese company and being ranked highly in the field since 2013 [3]. Group 3: Case Allegations - The lawsuit claims that Krispy Kreme's management failed to disclose a material decline in demand for its products at McDonald's, which was a key factor in declining average sales [4]. - It is alleged that the partnership with McDonald's was not profitable, leading to a pause in expansion efforts into new locations [4].