I could see them popping back up to about $17
Krispy Kreme Inc (NASDAQ: DNUT) has updated its guidance for full-year 2021, citing strong momentum in the fourth quarter.
The company raised the FY21 sales outlook to $1.37 billion - $1.385 billion from the prior view of $1.34 billion - $1.38 billion, against the consensus of $1.37 billion.
The company expects an adjusted EBITDA of $182 million - $187 million, versus the previous expectation of $178 million - $185 million.
"We have been able to successfully pass through price increases in the U.S. in September and November addressing inflation," stated CEO Mike Tattersfield.
Krispy Kreme also reiterated its long-term outlook for organic revenue growth of 9% - 11%, adjusted EBITDA growth of 12% - 14%, and adjusted net income growth of 18% - 22%.
Meanwhile, the company anticipates exceeding the long-term targets in the full year 2022.
Lots of insider loading lately, might be gearing up for a run
Not bad today...weird
Same. Curious to see how it handles these lows.
Also uncertain how discretionary food (meaning no nutritional content) will do in a collapse where inflated money might choose meat n potatoes instead….
I do, let's see how it plays out.. VLN coming off bottom semi play got a $20 pt yesterday
I have it on very very close watch now.
personally, they shouldnt be a publicly traded company.
remember the early to mid 2000s. Over expansion??
DNUT- one of the worst IPO's of late
WISH isnt too far behind