Securities Fraud Investigation Into Krispy Kreme, Inc. (DNUT) Continues – Investors Who Lost Money Urged to Contact The Law Offices of Frank R. CruzMay 09, 2025 at 18:38 PM EDT
The Law Offices of Frank R. Cruz continues its investigation of Krispy Kreme, Inc. (“Krispy Kreme” or the “Company”) (NASDAQ: DNUT) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON KRISPY KREME, INC. (DNUT), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On February 25, 2025, Krispy Kreme released its fourth quarter 2024 financial results, revealing “net revenue of $404.0 million, a decline of 10.4%,” and that “sales per door per week decreased… driven by changing customer mix.” On this news, Krispy Kreme’s stock price fell $2.00, or 21.9%, to close at $7.13 per share on February 25, 2025, thereby injuring investors. Then, on May 8, 2025, Krispy Kreme released its first quarter 2025 financial results, reporting its “net revenue was $375.2 million… a decline of 15.3%” and a “net loss of $33.4 million, compared to prior year net loss of $6.7 million.” Additionally, the Company announced that it is “reassessing [its] deployment schedule together with McDonald’s” and “withdrawing [its] prior full year outlook and not updating it” due in part to “uncertainty around McDonald’s.” On this news, Krispy Kreme’s stock price fell $1.07, or 24.7%, to close at $3.26 per share on May 8, 2025, thereby injuring investors further. Contact Us to Participate or Learn More: If you purchased Krispy Kreme securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
The Law Offices of Frank R. Cruz
If you inquire by email, please include your mailing address, telephone number, and number of shares purchased. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. View source version on businesswire.com: https://www.businesswire.com/news/home/20250509907959/en/ Contacts
The Law Offices of Frank R. Cruz, Los Angeles
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