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An Underappreciated Doughnut Maker With Some Upside Potential

Krispy Kreme Doughnuts, Inc. NYSE:KKD - An Underappreciated Doughnut Maker With Some Upside Potential
  • Wedbush’s Nick Setyan maintained an Outperform rating for the company, with a price target of $24.
  • Setyan expects the company to report robust results for F2Q, backed by gross margin expansion.

Krispy Kreme Doughnuts is scheduled to report its F2Q results on September 9. Analyst Nick Setyan expects the company to report its FQ2 EPS at $0.18, in-line with the consensus, on revenue of $129.6 million, as compared to the consensus estimate of $131.8 million.

“Our recent checks of co-owned...


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