Krispy Kreme Inc $DNUT - A Valuation On 18th August 2021
Their glazed doughnuts are famous and loved by many, but the company is banking on an incredibly optimistic growth and profit story to prevent being crushed by their enormous debt pile.
Summary
Krispy Kreme, the famous producer of glazed doughnuts loved by many, has had an up-and-down corporate past. After an accounting scandal, they were taken private, acquired Insomnia Cookies, and went public with a dream-big expansion plan. For this valuation, I have taken an optimistic approach and assumed that their growth plan would work. Moreoveโฆ