Professional
Added to YB: 2024-11-11
Pitch date: 2024-11-08
DNUT [bullish]
Krispy Kreme, Inc.
-76.06%
current return
Author Info
White Brook is a small/mid-cap investment manager that maintains a concentrated portfolio of 8-15 positions in companies valued between $1-18 billion, focusing on undervalued stocks with improving business fundamentals and holding them long-term. The firm follows an ethical investment approach, avoiding sectors like defense and companies with poor environmental or customer relations records. Sign up for the newsletter.
Company Info
Krispy Kreme, Inc., together with its subsidiaries, produces doughnuts in the United States, the United Kingdom, Ireland, Australia, New Zealand, Mexico, Canada, Japan, and internationally.
Market Cap
$497.0M
Pitch Price
$11.36
Price Target
15.00 (+451%)
Dividend
4.81%
Sector
Hotels, Restaurants and Leisure
Category
growth
Krispy Kreme (DNUT) - Undervalued, fluffy deliciousness, coming soon to a location near you (with improved returns)
DNUT: Target $15 by 2025. Best mass-produced donuts, expanding via hub-and-spoke model. McDonald's partnership key catalyst: rolling out to 12k locations. Strong int'l biz (30% rev). Undervalued vs CPG peers. Expects 20%+ EBIT margins, improving FCF. Risks: high capex, past accounting issues. Bull case: McD's success, CostCo deal.
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