A match made in fast-food heaven ended this week, after high hopes and promising early results for Krispy Kreme’s deal to sell doughnuts in McDonald’s restaurants https://t.co/V4cxEkTE8O ...

A match made in fast-food heaven ended this week, after high hopes and promising early results for Krispy Kreme’s deal to sell doughnuts in McDonald’s restaurants https://t.co/xuySXv5cep ...

Krispy Kreme (DNUT 9.81%) stock closed out Monday's trading with big gains. The company's share price rose 9.8% in a day of trading that saw the S&P 500 index and the Nasdaq Composite index rise 0.5% and 0.4%, respectively, and set new record highs. The stock had been up as much as 11.7% before pulling back before the day's close.In addition to bullish momentum across the broader market, Krispy Kreme stock was pushed higher thanks to inclusion in new indexes. Despite today's pop, the doughnut specialist's s ...

McDonald's shares dipped slightly Tuesday, while Krispy Kreme's stock rose more than 1%. McDonald's has seen sluggish sales as diners reduce restaurant spending, and has tried to lure consumers back with deals. In the first quarter, the chain posted its largest same-store sales decline since 2020. Krispy Kreme shares have plunged about 73% this year. In its first quarter, the company posted a loss of about $33 million. Krispy Kreme and McDonald's are ending their partnership for good. The chain will stop se ...

NEWTOWN, Pa., June 20, 2025 (GLOBE NEWSWIRE) -- The law firm of Edelson Lechtzin LLP is investigating claims regarding data privacy violations involving Krispy Kreme Doughnut Corporation (“Krispy Kreme”). Krispy Kreme learned of suspicious activity on its network on or about November 29, 2024. About Krispy Kreme Doughnut Corporation Founded in 1937 in North Carolina, this international bakery brand has expanded to over 1,400 shops worldwide. What happened? On or around November 29, 2024, Krispy Kreme became ...

SAN DIEGO, June 10, 2025 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that The Krispy Kreme class action lawsuit – captioned Cameron v. Krispy Kreme, Inc., No. 25-cv-00332 (W.D.N.C.) – seeks to represent purchasers or acquirers of Krispy Kreme, Inc. (NASDAQ: DNUT) securities and charges Krispy Kreme as well as certain of Krispy Kreme’s executives with violations of the Securities Exchange Act of 1934. If you suffered substantial losses and wish to serve as lead plaintiff of the Krispy Krem ...

SAN DIEGO, June 5, 2025 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that The Krispy Kreme class action lawsuit – captioned Cameron v. Krispy Kreme, Inc., No. 25-cv-00332 (W.D.N.C.) – seeks to represent purchasers or acquirers of Krispy Kreme, Inc. (NASDAQ: DNUT) securities and charges Krispy Kreme and certain of Krispy Kreme's executives with violations of the Securities Exchange Act of 1934.If you suffered substantial losses and wish to serve as lead plaintiff of the Krispy Kreme class actio ...

Core Points - Krispy Kreme Doughnuts will celebrate National Doughnut Day on June 6, 2025, with free pastries and special deals [3][8] - The celebration includes a promotion where customers can buy a dozen original glazed doughnuts for $2 with the purchase of any dozen at regular price [4][5] - Additionally, Krispy Kreme will launch a "14 days of original glazed" campaign from June 6 to June 20, offering rewards members a dozen original glazed doughnuts for $9.99 [9] National Doughnut Day Details - National Doughnut Day is celebrated on the first Friday in June, with origins tracing back to World War I when The Salvation Army served doughnuts to soldiers [5][6] - The day was established as a fundraiser during the Great Depression and now serves to enjoy doughnuts while providing comfort to those in need [6] Competitor Activity - Dunkin' has also announced its plans to celebrate National Doughnut Day with free donuts and a collaboration with Stoney Clover Lane [7] Company Insights - Krispy Kreme's Chief Growth Officer highlighted the significance of National Doughnut Day for fans and the brand, especially as the original glazed doughnut approaches its 88th anniversary [8] - The company offers a variety of doughnuts, including traditional and unique flavors, across its nationwide stores [10]

Core Viewpoint - A class action has been filed against Krispy Kreme, Inc. for allegedly misleading investors regarding its partnership with McDonald's, which has led to a significant decline in the company's financial performance and stock price [1][2]. Group 1: Allegations and Financial Performance - The complaint alleges that Krispy Kreme did not disclose a material decline in demand for its products at McDonald's locations following the initial marketing launch [1]. - It is claimed that the declining demand at McDonald's contributed to a decrease in average sales per door per week [1]. - The partnership with McDonald's was reportedly not profitable, posing risks to its continuation and leading to a pause in expansion into new McDonald's locations [1]. - Krispy Kreme's first quarter 2025 financial results showed net revenue of $375.2 million, a decline of 15.3%, and a net loss of $33.4 million compared to a prior year net loss of $6.7 million [2]. - Following the financial results announcement, Krispy Kreme's stock price fell by nearly 25%, negatively impacting investors [2]. Group 2: Class Action Participation - Shareholders interested in serving as lead plaintiffs in the class action must file their papers with the court by July 15, 2025 [3]. - Participation in the case is not required to be eligible for recovery; shareholders can remain absent class members if they choose [3]. Group 3: Legal Representation - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses [4]. - The firm has a history of advocating for shareholder rights and holding company executives accountable since 2002 [4].

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% compared to the previous year [5]. - A net loss of $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% [5]. Legal Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Krispy Kreme securities during the Class Period to seek appointment as lead plaintiff in the class action lawsuit [6]. - The lead plaintiff represents the interests of all class members and can select a law firm for litigation [6]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having recovered over $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].