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Lost Money on Krispy Kreme, Inc.(DNUT)? Join Class Action Suit Seeking Recovery – Contact The Gross Law Firm
GlobeNewswire News Room· 2025-05-21 17:22
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Krispy Kreme, Inc. regarding a class action lawsuit due to alleged misleading statements and failure to disclose critical information during a specified class period [1][3]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from February 25, 2025, to May 7, 2025 [3]. - Allegations include: - A significant decline in demand for Krispy Kreme products at McDonald's locations following the initial marketing launch [3]. - This decline contributed to decreasing average sales per door per week [3]. - The partnership with McDonald's was reportedly not profitable [3]. - The aforementioned issues posed a substantial risk to the continuation of the partnership with McDonald's [3]. - As a result, the company would pause its expansion into new McDonald's locations [3]. - Positive statements made by the defendants regarding the company's business and prospects were materially misleading and lacked a reasonable basis [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by July 15, 2025, to participate in the case [4]. - Upon registration, shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [4]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and illegal business practices [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [5].
McCormick Announces Kasey Jenkins' Plan to Retire
Prnewswire· 2025-05-21 15:15
Core Insights - Ms. Kasey Jenkins has had a 32-year career at McCormick, progressing through various leadership roles and becoming Chief Growth Officer in 2023 [1][2] - Her contributions include enhancing Global Finance capabilities, improving performance in collaboration with Global Supply Chain, and realigning the organization to a regional structure [2] - McCormick operates with over $6.7 billion in annual sales across 150 countries, focusing on flavor products for the food and beverage industry [4] Company Overview - McCormick & Company is a global leader in flavor, manufacturing and distributing herbs, spices, seasonings, condiments, and flavors [4] - The company operates in two segments: Consumer and Flavor Solutions, which complement each other and drive sustainable growth [4] - Founded in 1889 and headquartered in Hunt Valley, Maryland, McCormick is committed to a purpose of promoting healthy, sustainable, and delicious flavors [5]
百事将斥资超3亿美元在哈萨克斯坦建薯片工厂 较此前计划翻番
news flash· 2025-05-21 10:56
Group 1 - The Prime Minister of Kazakhstan, Alikhan Smailov, met with representatives from PepsiCo to discuss the implementation of a Lay's potato chip factory project in Almaty region [1] - The initial planned investment for the factory was $160 million, which PepsiCo has decided to double [1] - The first phase of the project and the production of the first Kazakhstan-made products are scheduled to start in March 2024, with full production expected by September 2027 [1]
Mondelēz International to Participate at the Deutsche Bank Global Consumer Conference on June 4, 2025
Globenewswire· 2025-05-20 20:05
Group 1 - Mondelēz International, Inc. will participate in a fireside chat at the Deutsche Bank Global Consumer Conference on June 4, 2025, at 08:30 a.m. CET [1] - The event will feature CEO Dirk Van de Put and CFO Luca Zaramella, and a listen-only webcast will be available [1] - A replay of the event will also be accessible on the company's website [1] Group 2 - Mondelēz International reported net revenues of approximately $36.4 billion for 2024 [2] - The company operates in over 150 countries and offers iconic brands such as Oreo, Ritz, and Cadbury [2] - Mondelēz is recognized as a member of the Dow Jones Best-in-Class North America and World Indices [2]
DNUT INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Krispy Kreme, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
GlobeNewswire News Room· 2025-05-20 20:00
NEW YORK, May 20, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Krispy Kreme, Inc. (“Krispy Kreme” or “the Company”) (NASDAQ: DNUT) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Krisp ...
Oatly Group AB Announces Results of 2025 Annual General Meeting
Globenewswire· 2025-05-20 14:00
Core Points - Oatly Group AB held its Annual General Meeting (AGM) on May 20, 2025, where several key resolutions were adopted [1][2][3] Financial Resolutions - The AGM adopted the income statement and balance sheet for the financial year 2024, with the decision to carry forward the company's results without distributing any dividends [2] - The board of directors and the CEO were discharged from liability for the financial year 2024 [2] Board of Directors - The number of members on the board of directors was set to ten, without deputy members, as per the nominating and corporate governance committee's proposal [3] Remuneration - Compensation for board members was approved, with specific amounts allocated to various roles, including USD 70,000 for the chairperson and USD 60,000 for each ordinary member not employed by the company [8] Auditor Appointment - Ernst & Young Aktiebolag was re-elected as the auditor for the period until the end of the next AGM, following the audit committee's recommendation [4] Incentive Program Amendments - Amendments to the LTIP 2021-2026 incentive program were approved, including changes to allocation principles and the transfer of treasury instruments related to the program [5][6] - The maximum number of share awards for board members was reduced from 140,000 to 7,000 annually, while the total value limit remained at USD 140,000 [9] Share Award Program - The AGM authorized the company to assign or dispose of warrants of Series 2021-B to fulfill commitments arising from the share awards [10] Company Overview - Oatly is recognized as the world's original and largest oat drink company, focusing on oat-based products for over 30 years, with a presence in more than 50 countries [12]
General Mills: Safe Dividend, But I Wouldn't Be Surprised To See The Stock Below 50 Bucks
Seeking Alpha· 2025-05-20 12:50
Core Viewpoint - General Mills (Ticker: GIS) is popular among dividend investors due to its defensive and robust business model focused on consumer staples [1] Group 1: Company Overview - General Mills is not classified as a dividend aristocrat or king, yet it has a significant following among dividend hunters [1] - The company's business model is perceived as stable, making it an attractive option for investors seeking lower risk [1] Group 2: Investment Philosophy - The investment strategy emphasizes finding undervalued stocks with a focus on balancing risk and reward [1] - The belief is that the best investment ideas are often the simplest, and contrarian approaches may yield better results [1]
How AI is Reshaping the Future of Work at Kellanova
Prnewswire· 2025-05-19 13:11
Core Insights - Artificial intelligence is significantly transforming the workplace, with companies like Kellanova actively preparing their workforce for this change [1][2] Group 1: AI Integration and Workforce Preparation - Kellanova is focusing on upskilling its workforce to leverage AI technologies, enhancing productivity and creativity through tools like AI-powered chat assistants [3][4] - The company promotes a culture of experimentation with initiatives like "Kuriosity Clinics," which have attracted over 10,000 participants, fostering engagement and innovative ideas [5] - Kellanova's Global Chief Technology Officer emphasizes the rapid evolution of AI, presenting new growth opportunities across various business functions [6] Group 2: Data-Driven Strategies - The 'Better Data, Bigger Possibilities' framework aims to enhance transparency and collaboration, leading to a 30% increase in first-party data through initiatives like Pringles Poptopia [7][9] - Kellanova is utilizing clean room technology for actionable audience segmentation, which may drive sales growth [15] Group 3: Enhancing Workplace Productivity - The company is deploying predictive analytics and digital twins to streamline operations, moving beyond isolated AI pilots to strategic implementations across multiple functions [10][16] - Kellanova is committed to creating a digital workplace characterized by intelligence and flexibility, emphasizing the importance of human-technology partnerships [11]
CLIF BUILDERS Brand Launches Three New High-Protein Bar Innovations
Prnewswire· 2025-05-19 12:30
For more than 30 years, CLIF has crafted delicious food under its CLIF BAR, Zbar, Nut Butter Bar, BUILDERS, LUNA, and BLOKS brands. In 2022, CLIF became part of the Mondelēz International, Inc. (Nasdaq: MDLZ), portfolio of brands empowering people to snack right in over 150 countries around the world. With 2024 net revenue of approximately $36.4 billion, Mondelēz is leading the future of snacking with other iconic global and local brands such as OREO, RITZ, belVita, LU, and TATE'S BAKE SHOP biscuits and bak ...
2025年中国食品消费趋势白皮书
Sou Hu Cai Jing· 2025-05-17 01:31
Industry Background - In 2025, the food industry is influenced by various factors including policy, economy, social structure, and technology, showcasing unique development trends and consumption patterns [2][4] - The government prioritizes "boosting consumption" as a key task, aiming to transition the food industry from "recovery growth" to "high-quality development" [2][4] - The GDP growth for 2024 is projected at 5%, but the food industry's added value has been declining for four consecutive years, indicating structural supply-demand issues [2][4] - The aging population is accelerating, with those aged 65 and above accounting for 15.6% of the population, while urbanization has reached 67%, shifting consumer dietary preferences from "sufficient" to "quality" [2][4] Core Consumption Trends - Six core consumption trends are identified as new directions for industry development: 1. **Diverse Channel Innovations**: 84.2% of consumers are purchasing alternative products, with retailers optimizing supply chains to lower prices and enhance value [3] 2. **Precision Nutrition Products**: New products targeting different age groups, including senior nutrition and children's dietary needs, are emerging [3] 3. **Emotional Value Experiences**: Marketing strategies focus on sensory and situational engagement, enhancing consumer emotional experiences [3] 4. **Key Demographic Opportunities**: Brands are targeting family nutrition, with rapid growth in urban markets and services for overseas tourists [3] 5. **Smart Information Experiences**: AI is being integrated into product development and production, enhancing personalized nutrition services [3] 6. **Green Revolution in Food and Beverage**: Transparency in supply chains and innovations in green packaging are gaining traction, with over 70% of consumers concerned about "no additives" [3] Strategic Focus for 2025 - The food industry must focus on channel efficiency, precision nutrition, and emotional value, leveraging AI and green technologies to address the needs of the aging population and urban-rural integration [4][5] - The transition from scale expansion to value creation is essential for building a sustainable development ecosystem [4][5]