Beware Of Krispy Kreme Stock and More
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Krispy Kreme (DNUT) faces significant challenges as its stock plummeted over 35% last week due to weak consumer demand and a shift away from unhealthy foods. The company reported a loss of $0.05 per share and a decline in adjusted EBITDA margin to 6.4%. CEO Josh Charlesworth announced a dividend suspension to preserve cash for debt reduction. Wendy’s (WEN) also struggles with a 2.1% revenue drop and negative sales outlook. Investors are advised to consider alternatives like McDonald’s (MCD) amid these trends.
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