The investor claims misleading information about doughnut sales at McDonald’s led to stock losses.
CHARLOTTE, N.C. — Krispy Kreme is being sued by an investor who says the company misled shareholders about how well its doughnuts were selling at McDonald’s.
The lawsuit, filed in federal court in Charlotte, claims that Krispy Kreme and two of its top executives gave investors an overly positive picture of a nationwide partnership with McDonald’s. The investor says the company didn’t tell the full story — that sales at McDonald’s locations were actually falling and the partnership wasn’t making money.
Krispy Kreme had announced in 2024 that it would start selling its doughnuts in McDonald’s restaurants across the U.S.
But in early May 2025, the company revealed disappointing financial results and said it was putting the McDonald’s expansion on hold. It also pulled its full-year financial forecast, citing uncertainty about the rollout.
That news caused Krispy Kreme’s stock to drop nearly 25% in one day.
The lawsuit says that if investors had known the truth earlier, they might not have bought shares — or would have paid less for them. It accuses the company of violating federal laws that are meant to protect investors from misleading information.
Krispy Kreme has not yet responded publicly to the lawsuit.
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