Fourth-quarter profits for Krispy Kreme (KKD) more than tripled year over year, with the company now having approximately 800 locations worldwide. Just how much bigger can this doughnut maker get?
In this segment of Thursday's Investor Beat, host Chris Hill and Motley Fool analyst David Hanson discuss Krispy Kreme's growth plans. Despite the company's ambitious goals, David sees a lot of potential headwinds that the company may be facing. With healthy eating trends gaining more and more traction in the U.S., and the company's efforts to grow in so many very different markets, he doesn't get particularly excited about this business, despite enjoying its product.