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Krispy Kreme Doughnuts, Inc. Message Board

  • nasdaqczar nasdaqczar Jan 30, 2010 4:57 AM Flag


    I am upgrading Krispy Kreme Doughnuts to Strong Buy and setting a $50 Price Target over the next 18-24 months due to increasing revenues, debt reduction, increased profits from smaller more profitable stores. A likely target of a takeover from media reports in possible. The KKD stores are now driving profits. KKD has good real estate and good doughnuts and coffee. Growth is back at KKD.

    Revenues and profits projection up 10-15% double digit increases in same store sales. Expansion of new stores opening should double to over 1000 stores in the next 36-48 months. KKD is driving sales and profitability and debt extinguishment by 2011 Fair Value for KKD $12 by 2011 eom

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17.34+0.38(+2.24%)Oct 20 4:04 PMEDT

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