US doughnut maker and retailer Krispy Kreme has said it hired an independent law firm to look into a matter related to an acquisition it made in the year to 1 February.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


The company said in a filing to the Securities and Exchange Commission that the investigation discovered no “intentional misconduct” by Krispy Kreme or its employees in the matter, reported Reuters.


Krispy Kreme announced at the end of July that the US Securities and Exchange Commission is conducting an informal, non-public inquiry regarding the company.


Krispy Kreme said the inquiry concerns the company’s franchise reacquisitions and its previously announced reduction in earnings guidance.


“Krispy Kreme has no higher priority than the confidence of our shareholders, customers and employees. While we are confident in our practices, we understand and respect the SEC’s responsibilities and will continue to cooperate fully throughout this process,” chairman, president and CEO Scott Livengood said when the inquiry was announced.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now