DNUT INVESTOR NOTICE: Krispy Kreme, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit

Core Viewpoint - The Krispy Kreme class action lawsuit alleges that the company and its executives made misleading statements regarding the demand for its products at McDonald's locations, which led to significant financial losses and a decline in stock price [1][4][5]. Company Overview - Krispy Kreme, Inc. (NASDAQ: DNUT) produces doughnuts and has been involved in a partnership with McDonald's to offer its products at their restaurants [3][4]. - The company reported a net revenue of $375.2 million for Q1 2025, representing a decline of 15.3$33.4 million, up from a net loss of $6.7 million in the prior year [5]. Partnership with McDonald's - Krispy Kreme began a small-scale test with McDonald's in October 2022 and announced an expansion of this partnership nationwide starting in the second half of 2024 [3]. - The lawsuit claims that demand for Krispy Kreme products at McDonald's locations declined significantly after the initial launch, which negatively impacted average sales per location [4]. Financial Impact - Following the release of disappointing financial results and the announcement of a reassessment of the partnership with McDonald's, Krispy Kreme's stock price fell by nearly 25% [5]. - The company has withdrawn its previous full-year outlook due to uncertainties surrounding the McDonald's deployment schedule [5]. Legal Proceedings - The class action lawsuit seeks to represent investors who purchased Krispy Kreme securities during the class period and aims to hold the company accountable for alleged securities violations [1][6]. - Investors interested in serving as lead plaintiffs must file motions by July 15, 2025 [2].