DNUT INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Krispy Kreme, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Core Viewpoint - The Krispy Kreme class action lawsuit alleges that the company and its executives made misleading statements regarding the partnership with McDonald's and the demand for its products, leading to significant financial losses for investors [1][3][4]. Company Overview - Krispy Kreme, Inc. (NASDAQ: DNUT) produces doughnuts and has recently partnered with McDonald's to offer its products in their restaurants [2][3]. - The partnership began with a small-scale test in October 2022 and was announced for nationwide expansion in March 2024 [2]. 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 negatively [3]. - It is alleged that the partnership with McDonald's was not profitable and posed risks to its continuation, leading to a pause in expansion plans [3]. - Following the release of disappointing financial results for Q1 2025, Krispy Kreme reported net revenue of $375.2 million, a decline of 15.3$33.4 million compared to a loss of $6.7 million the previous year [4]. Financial Impact - The announcement of the financial results and reassessment of the partnership with McDonald's resulted in a nearly 25$2.5 billion for investors in 2024 alone [6]. - The firm has a strong track record in obtaining significant recoveries in securities class action cases [6].