Krispy Kreme (DNUT) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to earnings of $0.05 per share a year ago.
Krispy Kreme (DNUT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
There's a new investing trend out there. Well, perhaps "newish" is the best way to put it, because to my eyes this is just a recycling of the meme stock fad that swept through the markets four years ago.
Even with the stock market hitting new highs, there are plenty of industries with beaten-down stocks that could benefit from an improving economy over the next five years.
Meme traders are back and doing donuts in the stock market. What does it all mean?
The DORK stocks (DNUT, OPEN, RKT, KSS) are surging due to high short interest, low float, and a resurgence of retail-driven speculation. Unlike 2021's meme stock mania, this wave lacks a unifying mission—it's pure speculation driven by FOMO and social media hype, making it riskier. Fundamentals are irrelevant here; these stocks are moving on sentiment and momentum, not business performance or value.
Krispy Kreme NASDAQ: DNUT recently sent a shockwave through the market as its trading volume exploded from its typical average of around five million shares to a staggering 150 million in a single day. The jump in volume fueled massive, double-digit price gains.
The meme craze is back with new stocks this time. Krispy Kreme is a new meme stock, up 40% in five days.
I am downgrading Krispy Kreme from 'buy' to a soft 'sell' due to worsening fundamentals and the end of the McDonald's partnership. Despite recent meme-stock rallies, long-term prospects look weak as revenue, profits, and cash flows are expected to decline further. The sale of Insomnia Cookies and high debt add uncertainty, while the stock only appears cheap based on outdated historical results.
The latest meme-stock frenzy shows that “market psychology and crowd behavior can sometimes matter more than the numbers,” says Capital.com analyst Daniela Sabin Hathorn
A match made in fast-food heaven ended this week, after high hopes and promising early results from Krispy Kreme's deal to sell doughnuts in McDonald's restaurants.
Krispy Kreme (DNUT) has a new top financial executive, as the struggling doughnut maker said that its current president of international operations Raphael Duvivier will take over as CFO next week.