Listen here retards. It’s not everyday the market gives you a GIFT like this one. Krispy Kreme is on the verge of the most slept on turnaround. Wall st is purely focused on peptide brainrot and ignores the stock but the stocks operating leverage has dropped while it has been replacing its joint venture franchises with a spoke and hub model to get rid of the expensive stores
Hubs? They’re like fucking Amazon prime depots but for donuts. The business is using this model to deliver fresh warm donuts to Costco and other channels as well as non JV stores. Furthermore the utilization of these hubs is up every quarter while the business transforms. This is a confirmation that the turnaround is working.
Finally, the company is piercing through GLP headwinds with mini donuts that are selling well above management expectations. And this company is run by a genius none other than Bernardo fucking Hees the guy who made Burger King what it was before the current owner butchered it. In fact while he gets free shares, he went out and spent 2 mil buying shares in the open market. Now of course he’s a multimillionaire but he could’ve also got a lot of hookers and blow for that money or had a second life / wife. But he bought Krispy Kreme shares.
For that reason I’m buying, and bought 12k more today across accounts I manage.
I love the stock