Krispy Kreme stock plunges nearly 30% as it ends dividends, pauses McDonald’s expansion

May 8 2025 by Fast Company

The donut company has struggled in recent months, missing Wall Street earnings expectations in its first quarter of 2025.

Shares of Krispy Kreme Inc. (NASDAQ: DNUT) plunged over 28% on Thursday after the donut-and-coffee chain said it will no longer pay out its quarterly dividend and that it was “reassessing” the deployment of its planned McDonald’s rollout, and fell short of earnings expectations, according to Bloomberg.

Continue Reading Krispy Kreme stock plunges nearly 30% as it ends dividends, pauses McDonald’s expansion