NEW YORK, NY / ACCESS Newswire / May 12, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Krispy Kreme, Inc. ("Krispy Kreme, Inc.") (NASDAQ:DNUT) concerning possible violations of federal securities laws.
Krispy Kreme issued a press release on May 8, 2025, reporting its financial results for the first quarter of 2025. Among other items, Krispy Kreme reported a significant drop in revenue, citing "consumer softness leading to a decline in doughnut shop transaction volume." Krispy Kreme also pulled its full year guidance and suspended future dividend payments, citing a challenging environment coupled with efforts to preserve cash.
Following this news, Krispy Kreme's stock price fell over 24% on the same day. To obtain additional information, go to:
https://zlk.com/pslra-1/krispy-kreme-inc-lawsuit-submission-form?prid=148116&wire=1
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212)363-7500.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212)363-7500
Fax: (212)363-7171
https://zlk.com/
SOURCE: Levi & Korsinsky, LLP
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