Didn't Win The Mega Millions Jackpot? This Restaurant Is Giving Out Free Food As A Consolation Prize
Portfolio Pulse from Aaron Bry
Krispy Kreme Inc (NASDAQ:DNUT) is offering a free doughnut to customers who present a losing ticket from Tuesday's Mega Millions drawing. The offer is valid only on Wednesday, August 2. The Mega Millions jackpot has reached $1.25 billion due to changes in lottery rules and an increase in ticket prices.
August 04, 2023 | 12:04 pm
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NEUTRAL IMPACT
Krispy Kreme's free doughnut offer could potentially increase foot traffic and sales, but the impact on the stock price is likely to be minimal in the short term.
While the free doughnut offer could potentially attract more customers to Krispy Kreme stores, it's unlikely to have a significant impact on the company's overall revenue or profitability in the short term. Therefore, the impact on the stock price is expected to be minimal.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 100