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 - Krispy Kreme is reassessing its deployment schedule with McDonald's and has withdrawn its prior full-year outlook due to uncertainties surrounding this partnership [5].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]

Core Viewpoint - The Krispy Kreme class action lawsuit alleges that the company and its executives violated the Securities Exchange Act of 1934, with claims related to misleading statements and undisclosed risks regarding their partnership with McDonald's and declining product demand [1][4]. Company Overview - Krispy Kreme, a producer of doughnuts, initiated a partnership with McDonald's in October 2022, which was expanded nationwide in March 2024 [3]. - The lawsuit claims that demand for Krispy Kreme products at McDonald's locations significantly declined after the initial launch, impacting average sales negatively [4]. Financial Performance - In the first quarter of 2025, Krispy Kreme reported net revenue of $375.2 million, reflecting a decline of 15.3% year-over-year, and a net loss of $33.4 million compared to a net loss of $6.7 million in the previous year [5]. - Following the financial results announcement, Krispy Kreme's share price dropped nearly 25%, indicating a strong market reaction to the news [5]. Legal Proceedings - The class action lawsuit seeks to represent investors who purchased Krispy Kreme securities during the class period, allowing them to potentially serve as lead plaintiffs [2][6]. - The lead plaintiff process is governed by the Private Securities Litigation Reform Act of 1995, which allows investors with the greatest financial interest to direct the lawsuit [6]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [7].

Core Viewpoint - The Krispy Kreme class action lawsuit alleges that the company and its executives made misleading statements regarding the demand for their products at McDonald's locations, which has led to significant financial losses and a decline in stock price [1][4][5]. Company Overview - Krispy Kreme, Inc. (NASDAQ: DNUT) produces doughnuts and has recently partnered with McDonald's to offer its products at their restaurants [3]. - The partnership began with a small-scale test in October 2022 and was announced for nationwide expansion in March 2024 [3]. Allegations of the Lawsuit - The lawsuit claims that demand for Krispy Kreme products at McDonald's locations declined significantly after the initial launch, impacting average sales per location [4]. - It is alleged that the partnership with McDonald's was not profitable and posed risks to the continuation of the partnership [4]. - As a result of these issues, Krispy Kreme is reportedly pausing its expansion into new McDonald's locations [4]. Financial Performance - On May 8, 2025, Krispy Kreme reported first-quarter 2025 financial results, revealing net revenue of $375.2 million, a decline of 15.3% year-over-year, and a net loss of $33.4 million compared to a net loss of $6.7 million in the prior year [5]. - The company announced it is reassessing its deployment schedule with McDonald's and has withdrawn its previous full-year outlook due to uncertainties surrounding the partnership [5]. - Following the financial report, Krispy Kreme's stock price fell by nearly 25% [5].

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].

Core Viewpoint - The Krispy Kreme class action lawsuit alleges that the company and its executives made misleading statements regarding the demand for its products at McDonald's locations, which led to significant financial losses and a decline in stock price [1][4][5]. Company Overview - Krispy Kreme, Inc. (NASDAQ: DNUT) produces doughnuts and has been involved in a partnership with McDonald's to offer its products at their restaurants [3][4]. - The company reported a net revenue of $375.2 million for Q1 2025, representing a decline of 15.3% compared to the previous year, and a net loss of $33.4 million, up from a net loss of $6.7 million in the prior year [5]. Partnership with McDonald's - Krispy Kreme began a small-scale test with McDonald's in October 2022 and announced an expansion of this partnership nationwide starting in the second half of 2024 [3]. - The lawsuit claims that demand for Krispy Kreme products at McDonald's locations declined significantly after the initial launch, which negatively impacted average sales per location [4]. Financial Impact - Following the release of disappointing financial results and the announcement of a reassessment of the partnership with McDonald's, Krispy Kreme's stock price fell by nearly 25% [5]. - The company has withdrawn its previous full-year outlook due to uncertainties surrounding the McDonald's deployment schedule [5]. Legal Proceedings - The class action lawsuit seeks to represent investors who purchased Krispy Kreme securities during the class period and aims to hold the company accountable for alleged securities violations [1][6]. - Investors interested in serving as lead plaintiffs must file motions by July 15, 2025 [2].

Core Viewpoint - The Krispy Kreme class action lawsuit alleges that the company and its executives made misleading statements regarding the partnership with McDonald's and the demand for its products, leading to significant financial losses for investors [1][3][4]. Company Overview - Krispy Kreme, Inc. (NASDAQ: DNUT) produces doughnuts and has recently partnered with McDonald's to offer its products in their restaurants [2][3]. - The partnership began with a small-scale test in October 2022 and was announced for nationwide expansion in March 2024 [2]. Allegations of the Lawsuit - The lawsuit claims that demand for Krispy Kreme products at McDonald's locations declined significantly after the initial launch, impacting average sales negatively [3]. - It is alleged that the partnership with McDonald's was not profitable and posed risks to its continuation, leading to a pause in expansion plans [3]. - Following the release of disappointing financial results for Q1 2025, Krispy Kreme reported net revenue of $375.2 million, a decline of 15.3%, and a net loss of $33.4 million compared to a loss of $6.7 million the previous year [4]. Financial Impact - The announcement of the financial results and reassessment of the partnership with McDonald's resulted in a nearly 25% drop in Krispy Kreme's share price [4]. Legal Process - The Private Securities Litigation Reform Act of 1995 allows investors who purchased Krispy Kreme securities during the class period to seek appointment as lead plaintiff in the lawsuit [5]. - The lead plaintiff will represent the interests of all class members and can choose a law firm for litigation [5]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [6]. - The firm has a strong track record in obtaining significant recoveries in securities class action cases [6].