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Today is National Donut Day, which, if not worth the trip to Krispy Kreme Doughnuts (KKD +3.2%)...

Today is National Donut Day, which, if not worth the trip to Krispy Kreme Doughnuts (KKD +3.2%) for a free donut, merits discussion on how KKD rates as a tempting stock pick to SA contributor Rochelle Jenks. A measured approach to store growth is helping the company to keep same stores sales strong (last 3 quarters: 5.4%, 6.8%, and 7.5%) and refine its approach to where it should open new locations. On the product side, cold beverages and ice cream concotions provide new growth channels. Buy KKD on any dip to $15-$16, advises Jenks.
Comments (1)
  • (DNKN) offered a free donut with a beverage purchase.
    7 Jun 2013, 07:17 PM Reply Like
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