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

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$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].