In a new report, Longbow Research analyst Alton Stump explained why he believes now is a great time to buy shares of Krispy Kreme.

Stump shared his belief that the company has the potential for major national expansion in coming years.

Laying The Groundwork

Krispy Kreme management has been slow to push store builds over the past couple of years, but Stump believes that there is good reason for the slow pace of expansion.

“Management needed to install upgraded technology especially at the store level before ramping up builds,” he explained.

Stump also believes that management is right to take time to perfect its new small-store model before accelerating its store growth beginning in 2016.

Expansion Potential

Stump believes…

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