CHARLOTTE, N.C.--(BUSINESS WIRE)--Good grief! And GREAT news: Krispy Kreme® and Peanuts® are partnering for the first time ever in the U.S.! This festive season, Krispy Kreme is teaming up with Peanuts to bring fans of Snoopy, Charlie Brown and the Peanuts gang the Krispy Kreme x Peanuts Collection – because after all, what are the holidays without those closest to you, your favorite characters and some delicious doughnuts? Available in a custom dozen box beginning Saturday, Nov. 29 for a limit. ...

Company Performance - Krispy Kreme reported quarterly earnings of $0.01 per share, exceeding the Zacks Consensus Estimate of a loss of $0.06 per share, and compared to a loss of $0.01 per share a year ago, indicating an earnings surprise of +116.67% [1] - The company posted revenues of $375.3 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 0.36%, although this represents a decline from year-ago revenues of $379.87 million [2] - Over the last four quarters, Krispy Kreme has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] Stock Outlook - Krispy Kreme shares have declined approximately 62% since the beginning of the year, contrasting with the S&P 500's gain of 15.6% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.02 on revenues of $387.25 million, and for the current fiscal year, it is -$0.31 on revenues of $1.52 billion [7] - The estimate revisions trend for Krispy Kreme was unfavorable prior to the earnings release, resulting in a Zacks Rank 5 (Strong Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Consumer Products - Staples industry, to which Krispy Kreme belongs, is currently ranked in the bottom 21% of over 250 Zacks industries, suggesting a challenging environment for the stock [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact investor sentiment and stock performance [5]

Core Insights - Jack's Donuts franchisees are facing significant challenges due to the company's recent operational decisions and management issues [2][3][4] - The franchise operators have expressed a loss of confidence in the company's leadership, leading to a call for the CEO's resignation [3][4][5] - The parent company, Jack's Donuts, has filed for Chapter 11 bankruptcy, which jeopardizes the future of its franchise operators [5][7][9] Company Operations - Jack's Donuts opened a production and distribution center called The Commissary in October 2023, which required franchisees to stop making doughnuts in their stores [2] - Many franchisees complied, resulting in the sale of baking equipment and layoffs, which diminished their ability to produce their core product [2][6] - Franchisees reported a decline in customer satisfaction and loyalty after switching to doughnuts from The Commissary, with some comparing the quality to gas station donuts [3][5] Financial Situation - Franchise operators have noted a decline in sales, revenue, and customer loyalty over the past 18 months, attributing these issues to the CEO's leadership decisions [5] - Allegations of financial mismanagement and misappropriation of company funds have been raised against the company's leadership [5] - The bankruptcy filing has placed the future of the entire Jack's Donuts brand in jeopardy, with franchise operators scrambling to resume doughnut production [9][10]

Core Insights - Maple Donuts has appointed Greg Somerville as CEO, marking a significant leadership transition aimed at accelerating growth and market expansion [1][2][4] - Somerville brings extensive experience from previous roles in major companies, which is expected to enhance Maple Donuts' operational capabilities and customer relationships [3][4] Company Overview - Maple Donuts, founded in 1946 by the Burnside family, specializes in producing private-label doughnuts for retail and foodservice channels in the US [2] - The company is a portfolio entity of Swander Pace Capital, which acquired it in the summer of 2023 [2][4] Leadership Transition - The appointment of Greg Somerville is seen as a strategic milestone for Maple Donuts, with expectations for improved partnerships and market expansion [3][4] - Luke Burnside, the vice president for sales, emphasized Somerville's customer-first mindset and operational expertise as key to the company's growth [3] Future Prospects - The company is at an "exciting inflection point," with inquiries about potential new markets and customers as part of its expansion program [3] - Swander Pace Capital has not disclosed the financial terms of the acquisition, but it has a history of successful investments in various food-related companies [4][5]

i am eating krispy kreme doughnuts and fried catfish ...

Company Performance - Krispy Kreme reported a quarterly loss of $0.15 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.04, and compared to earnings of $0.05 per share a year ago, indicating an earnings surprise of -275.00% [1] - The company posted revenues of $379.77 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 0.89%, but down from $438.81 million in the same quarter last year [2] - Over the last four quarters, Krispy Kreme has surpassed consensus EPS estimates just once and topped consensus revenue estimates two times [2] Stock Performance - Krispy Kreme shares have lost approximately 65.6% since the beginning of the year, while the S&P 500 has gained 7.9% [3] - The current consensus EPS estimate for the coming quarter is -$0.04 on revenues of $381.23 million, and for the current fiscal year, it is -$0.16 on revenues of $1.55 billion [7] Industry Outlook - The Consumer Products - Staples industry, to which Krispy Kreme belongs, is currently in the bottom 26% of over 250 Zacks industries, indicating a challenging environment [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Krispy Kreme's stock performance [5]

Core Viewpoint - A class action lawsuit has been filed against Krispy Kreme, alleging misleading statements and undisclosed risks related to its partnership with McDonald's, which has negatively impacted the company's financial performance and stock price [2][4][5]. Group 1: Lawsuit Details - The class action lawsuit is on behalf of all individuals and entities who purchased Krispy Kreme securities between March 26, 2024, and May 7, 2025 [2]. - Investors have until July 15, 2025, to apply to the Court to be appointed as lead plaintiff in the lawsuit [2]. - The lawsuit claims that Krispy Kreme made false statements regarding the demand for its products at McDonald's locations and the profitability of the partnership [4]. Group 2: Financial Performance - Krispy Kreme reported net revenue of $375.2 million for the first quarter of 2025, representing a decline of 15.3% compared to the previous year [5]. - The company also reported a net loss of $33.4 million, compared to a net loss of $6.7 million in the prior year [5]. - Following the release of these financial results, Krispy Kreme's stock price fell by nearly 25% [5]. Group 3: Partnership with McDonald's - Krispy Kreme began a small-scale test to offer doughnuts at McDonald's in October 2022 and announced an expansion of this partnership nationwide starting in the second half of 2024 [3]. - The lawsuit alleges that demand for Krispy Kreme products at McDonald's locations declined significantly after the initial marketing launch, impacting average sales per door [4]. - Krispy Kreme is reassessing its deployment schedule with McDonald's and has withdrawn its prior full-year outlook due to uncertainties surrounding this partnership [5].

Core Viewpoint - A class action lawsuit has been filed against Krispy Kreme, alleging that the company made false statements regarding its partnership with McDonald's and the demand for its products, leading to significant financial losses for investors [1][3][4]. Group 1: Lawsuit Details - The class action lawsuit is on behalf of all individuals and entities who purchased Krispy Kreme securities between March 26, 2024, and May 7, 2025 [1]. - Investors have until July 15, 2025, to apply to be appointed as lead plaintiff in the lawsuit [1]. - The lawsuit claims that demand for Krispy Kreme products declined significantly at McDonald's locations after the initial marketing launch [3]. Group 2: Financial Performance - Krispy Kreme reported net revenue of $375.2 million for the first quarter of 2025, representing a decline of 15.3% compared to the previous year [4]. - The company also reported a net loss of $33.4 million, compared to a net loss of $6.7 million in the prior year [4]. - Following the release of these financial results, Krispy Kreme's share price fell by nearly 25% [4]. Group 3: Partnership with McDonald's - Krispy Kreme and McDonald's expanded their partnership nationwide starting in the second half of 2024, following a small-scale test in 2022 [2]. - The lawsuit alleges that the partnership was not profitable and posed a substantial risk to maintaining the collaboration with McDonald's [3]. - Krispy Kreme announced it is reassessing its deployment schedule with McDonald's and has withdrawn its prior full-year outlook due to uncertainty around the partnership [4].

Business Dealings - Krispy Kreme's deal to sell doughnuts in McDonald's restaurants ended this week [1] - The deal had high hopes and promising early results [1]

Partnerships & Agreements - Krispy Kreme 与 McDonald's 的合作结束，此前双方曾对在 McDonald's 餐厅销售 Krispy Kreme 甜甜圈抱有很高的期望，并且早期结果很有希望 [1]