Krispy Kreme, Inc. Investor Notice: Robbins LLP Reminds Stockholders of the Class Action Lawsuit Against DNUT

Core Viewpoint - Robbins LLP has initiated a class action lawsuit on behalf of investors who purchased Krispy Kreme, Inc. (NASDAQ: DNUT) securities during a specified period, alleging that the company misled investors regarding its partnership with McDonald's and the subsequent decline in demand for its products [1][2]. Allegations - The lawsuit claims that Krispy Kreme failed to disclose significant issues, including a material decline in demand for its products at McDonald's locations after the initial marketing launch [2]. - It is alleged that this decline in demand contributed to a decrease in average sales per door per week and that the partnership with McDonald's was not profitable [2]. - The complaint also states that these factors posed a substantial risk to the continuation of the partnership and led to a pause in expansion into new McDonald's locations [2]. Financial Results - On May 8, 2025, Krispy Kreme reported its first quarter 2025 financial results, revealing net revenue of $375.2 million, which represents a decline of 15.3$33.4 million, a significant increase from the prior year's net loss of $6.7 million [3]. - Following the release of these results, Krispy Kreme announced it would reassess its deployment schedule with McDonald's and withdraw its previous full-year outlook due to uncertainties surrounding the partnership [3]. Class Action Participation - Shareholders interested in participating in the class action as lead plaintiffs must file their papers with the court by July 15, 2025 [4]. - It is noted that shareholders do not need to participate in the case to be eligible for any potential recovery [4]. Legal Representation - Robbins LLP operates on a contingency fee basis, meaning shareholders will not incur any fees or expenses unless there is a recovery [5].