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GlobalData on MSNKrispy Kreme faces investor lawsuit over halted McDonald’s expansionThe doughnut giant had announced plans to supply fresh doughnuts to 12,000 McDonald's locations by the end of 2026.
David Cameron was listed as the lead plaintiff in the lawsuit, which was filed on behalf of people and entities that purchased or otherwise acquired Krispy Kreme securities between Feb. 25 and May 7.
The suit alleges that the donut maker made ‘materially false’ and misleading statements about the partnership, and failed to ...
Krispy Kreme and McDonald's announced their expansion plans. In the announcement, it says: There was a successful test of 160 ...
The doughnut chain is being accused of making misleading statements on the sale of doughnuts inside McDonald’s restaurants ...
Krispy Kreme stock plunged 24% on Thursday morning after the doughnut chain said it is “reassessing” its rollout with ...
Krispy Kreme investors have filed a class action lawsuit, claiming they were deceived about the company’s pause on expansion ...
The lawsuit claims the chain failed to disclose profitability issues it was having with the QSR partnership, which subsequently led to a steep decline in stock prices after Q1 2025 earnings.
Krispy Kreme doughnuts’ rollout at McDonald’s was short but sweet.
The introduction of Krispy Kreme came after McDonald’s pulled its Apple Fritter, Blueberry Muffins and Cinnamon Rolls. Adding Krispy Kreme, McDonald’s officials said, gave the fast-food chain “a ...
Fox Business on MSN12 天
Krispy Kreme pauses doughnut rollout with McDonald’s after surprising lack of demandKrispy Kreme also pulled its full-year outlook due to “macroeconomic softness and the uncertainty around the McDonald’s ...
Krispy Kreme isn't ending its partnership with McDonald's, but it is "reassessing" it. The beloved doughnut company revealed in a May 8 quarterly earnings report that it would be pausing a "phased ...
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