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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Krispy Kreme, Inc. - DNUT
DNUTKrispy Kreme(DNUT) GlobeNewswire News Room·2025-05-18 14:00

Core Viewpoint - Krispy Kreme, Inc. is under investigation for potential securities fraud and unlawful business practices following a significant drop in revenue and the suspension of its full-year guidance and dividend payments [1][3]. Financial Performance - On May 8, 2025, Krispy Kreme reported a notable decline in revenue attributed to "consumer softness leading to a decline in doughnut shop transaction volume" [3]. - The company pulled its full-year guidance and suspended future dividend payments due to a challenging environment and efforts to preserve cash [3]. Stock Market Reaction - Following the financial results announcement on May 8, 2025, Krispy Kreme's stock price fell by 1.07pershare,or24.711.07 per share, or 24.71%, closing at 3.26 per share [4]. - On May 9, 2025, after analysts from Evercore ISI and Citigroup reduced their price targets for Krispy Kreme, the stock price further declined by 0.53pershare,or16.260.53 per share, or 16.26%, closing at 2.73 per share [4].