INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Krispy Kreme, Inc. (DNUT) 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 related to misleading statements and undisclosed risks regarding their partnership with McDonald's and declining product demand [1][4]. Company Overview - Krispy Kreme, a producer of doughnuts, initiated a partnership with McDonald's in October 2022, which was expanded nationwide in March 2024 [3]. - The lawsuit claims that demand for Krispy Kreme products at McDonald's locations significantly declined after the initial launch, impacting average sales negatively [4]. Financial Performance - In the first quarter of 2025, Krispy Kreme reported net revenue of $375.2 million, reflecting a decline of 15.3% year-over-year, and a net loss of $33.4 million compared to a net loss of $6.7 million in the previous year [5]. - Following the financial results announcement, Krispy Kreme's share price dropped nearly 25%, indicating a strong market reaction to the news [5]. Legal Proceedings - The class action lawsuit seeks to represent investors who purchased Krispy Kreme securities during the class period, allowing them to potentially serve as lead plaintiffs [2][6]. - The lead plaintiff process is governed by the Private Securities Litigation Reform Act of 1995, which allows investors with the greatest financial interest to direct the lawsuit [6]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [7].