Summary
- We are bullish on the stupendous donuts, cookies, and brownies but Krispy Kreme, Inc is not, in our opinion, a tasty investment for retail value investors at this time.
- The company is shifting strategy from heavy capital expenditures in favor of building the DFD growth driver, “delivered fresh daily doors;” e.g., strategically placed carts and food trucks, increasing.
- The stock is not volatile and there are a few risks. Until better margins and profits are consistently reported, we believe investors are best off holding shares or waiting to buy.
For further details see:
Krispy Kreme Isn't Filling Holes In Retail Portfolios