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…