The Law Offices of Frank R. Cruz announces an 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.

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.