Krispy Kreme’s Investor Day is not sitting well with investors

Krispy Kreme Inc.’s Investor Day on Thursday failed to impress investors, sending shares lower after the doughnut chain stuck with its 2022 forecast and rolled out more bullish targets for the years ahead.

Management for Krispy Kreme DNUT said it would keep its full-year outlook for this year, with sales of $1.49 billion to $1.52 billion, and adjusted earnings per share of 29 cents to 32 cents. Management also reiterated that it expected full-year results to land “near the higher end of its revenue ranges” and “the lower…

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