Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Krispy Kreme, Inc. (DNUT): A Bull Case Theory

We came across a bullish thesis on Krispy Kreme, Inc. (NASDAQ:DNUT) on Value Investing Subreddit Page by raytoei. In this article, we will summarize the bulls’ thesis on DNUT. Krispy Kreme, Inc. (NASDAQ:DNUT)'s share was trading at $9.93 as of Dec 31st. DNUT’s trailing P/E was 62.06 according to Yahoo Finance.

Krispy Kreme (NASDAQ:DNUT) presents an intriguing speculative opportunity despite significant financial challenges. The company’s current debt levels are substantial, with a debt-to-EBITDA ratio of 5.5x, negative working capital, and a history of negative free cash flow. A...