Their last quarter was good and with the winter season, people eat more donuts!! This Quarter will be a great one... They already told us that last conference... So, why are people buying this up?? It's seems to be a no brainer:-)
They don't report earnings for over 2 more months.
The Investor Conference next week will hopefully provide more details as it relates to the recently announced NEW domestic expansion plan.
Look at CHUY trading at 2.3 times sales (That would equal $15 for KKD)...
38 Forward PE (That would be $21 for KKD)...
KKD is STILL way under the radar for the traders and investors.
It won't be under the radar for long... I expect a nice run up into earnings and then a big pop on those earnings:-). I'm not pumping because I'm a true believer:-)
Sentiment: Strong Buy