Krispy Kreme, Inc. Investors: Please contact the Portnoy Law Firm to recover your losses. July 15, 2025 Deadline to file Lead Plaintiff Motion.

Core Viewpoint - Krispy Kreme, Inc. is facing a class action lawsuit due to alleged misleading statements regarding its partnership with McDonald's and declining product demand, which has resulted in significant financial losses for investors [1][4][5]. Group 1: Company Overview - Krispy Kreme manufactures and sells doughnuts and has been expanding its partnership with McDonald's since October 2022, starting with a small-scale test in Louisville, Kentucky [3]. - The partnership was announced to expand nationwide in the second half of 2024 [3]. Group 2: Allegations and Financial Impact - The lawsuit claims that during the class period, Krispy Kreme failed to disclose a significant decline in demand for its products at McDonald's locations, which negatively impacted average sales [4]. - It is alleged that the partnership with McDonald's was not profitable and posed risks to its continuation, leading to a suspension of further expansion into new locations [4]. - On May 8, 2025, Krispy Kreme reported a net revenue of $375.2 million, a 15.3% year-over-year decline, and a net loss of $33.4 million, compared to a $6.7 million loss the previous year [5]. - Following the financial report and reassessment of the rollout schedule with McDonald's, Krispy Kreme's stock price fell nearly 25% [5].