Krispy Kreme, Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before July 15, 2025 to Discuss Your Rights

Core Viewpoint - A class action securities lawsuit has been filed against Krispy Kreme, alleging securities fraud that negatively impacted investors between March 26, 2024, and May 7, 2025 [1] Group 1: Lawsuit Details - The lawsuit claims that Krispy Kreme's management made overly positive statements while concealing adverse facts about the demand for its products at McDonald's locations [2] - It is alleged that lower demand at McDonald's led to declining average weekly sales per store, and the partnership with McDonald's was not profitable, causing Krispy Kreme to pause expansion plans [2] - Krispy Kreme reported a net revenue decline of $404 million, or 10.4%, and a decrease in average sales per store due to changing customer preferences [2] Group 2: Stock Price Impact - Following the release of disappointing financial results on February 25, 2025, Krispy Kreme's stock price fell from $9.13 to $7.13 per share [2] - On May 8, 2025, the company announced a first-quarter 2025 net revenue of $375.2 million, a decline of 15.3% or $67.5 million, leading to a further stock price drop from $4.33 to $3.26 per share, a decrease of about 25% in one day [2] Group 3: Next Steps for Investors - Investors who suffered losses during the relevant period have until July 15, 2025, to request to be appointed as lead plaintiff in the lawsuit [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 4: Firm Background - Levi & Korsinsky has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [4] - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4]