DNUT INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that 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 violated the Securities Exchange Act of 1934, with claims of misleading statements regarding the partnership with McDonald's and declining product demand [1][4]. Company Overview - Krispy Kreme, along with its subsidiaries, produces doughnuts and has recently expanded its partnership with McDonald's, starting with a test in Louisville, Kentucky, in October 2022 and announcing a nationwide expansion in March 2024 [3]. Allegations of the Lawsuit - The lawsuit claims that during the Class Period, Krispy Kreme made false statements and failed to disclose significant issues, including: - A material decline in demand for Krispy Kreme products at McDonald's locations after the initial launch [4]. - This decline contributed to decreasing average sales per door per week [4]. - The partnership with McDonald's was not profitable, posing risks to its continuation [4]. - As a result, Krispy Kreme would pause its expansion into new McDonald's locations [4]. Financial Performance - On May 8, 2025, Krispy Kreme reported its Q1 2025 financial results, revealing: - Net revenue of $375.2 million, a decline of 15.3$33.4 million, compared to a net loss of $6.7 million in the prior year [5]. - The company announced a reassessment of its deployment schedule with McDonald's and withdrew its full-year outlook due to uncertainties [5]. - Following this announcement, Krispy Kreme's share price fell by nearly 25$2.5 billion for investors in 2024 alone [7]. - The firm has been ranked 1 in securing monetary relief for investors in securities class actions for four out of the last five years [7].