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Kirby McInerney LLP Announces Investigation of Claims Against Krispy Kreme, Inc. (DNUT) on Behalf of Investors

1. Kirby McInerney LLP is investigating claims against Krispy Kreme. 2. Krispy Kreme's Q4 revenue declined by 10.4% to $404 million. 3. First quarter revenues dropped by 15.3%, resulting in a $33.4 million net loss. 4. Krispy Kreme reassessing deployment with McDonald's affects outlook uncertainty. 5. Shares fell significantly following earnings releases, indicating investor concern.

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FAQ

Why Very Bearish?

The substantial revenue declines and net losses signal operational instability. Previous price drops of 25% show significant investor reaction to negative news.

How important is it?

The serious nature of the investigation and financial losses suggest high impact potential on stock performance.

Why Short Term?

Immediate investor sentiment is crucial; ongoing investigations may drive further negativity. Historical examples show quick price reactions to financial performance misses.

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MCD
NEW YORK, May 09, 2025 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against Krispy Kreme, Inc. (“Krispy Kreme” or the “Company”) (NASDAQ:DNUT). The investigation concerns whether Krispy Kreme and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. [LEARN MORE ABOUT THE INVESTIGATION] 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, the price of Krispy Kreme shares fell $2.00, or approximately 22%, from $9.13 per share on February 25, 2025, to close at $7.13 on February 26, 2025. 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, the price of Krispy Kreme shares fell $1.07, or approximately 25%, from $4.33 per share on May 7, 2025, to close at $3.26 on May 8, 2025. If you purchased or otherwise acquired Krispy Kreme securities, have information, or would like to learn more about this investigation, contact Thomas W. Elrod of Kirby McInerney LLP by email at investigations@kmllp.com, or by filling out the form below to discuss your rights or interests with respect to these matters without any cost to you. [CONTACT US] Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. ContactsKirby McInerney LLPThomas W. Elrod, Esq.212-699-1180https://www.kmllp.cominvestigations@kmllp.com

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