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Donut Day! Just a Holiday or A Glimpse Of an NFT Candyland

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On June 3, 2022, in celebration of National Donut Day, Krispy Kreme, Dunkin’ Donuts, and a number of other national businesses offered specials. Last Friday, fans visited franchises such as Dunkin’ Donuts, Krispy Kreme, and others in search of free donuts or discounted donuts. In observance of the occasion that was focused on sweet treats, patrons of Dunkin’ Donuts could get a free original donut from the bakery. The only stipulation was that customers have to buy a beverage in order to qualify for the free gift. To everyone’s relief, they have included both new and familiar beverage options on their most recent menu update, making it simple to accomplish the goal of Free Donuts!!!

It’s key to point out that Dunkin’ Brands Group was bought out for $11.3 billion

and taken private by Inspire Brands back in 2020. Inspire brands is privately held as well but these guys know how to add to the bottom line. Inspire brands posted $26 billion in global sales in 2020 and $30 billion in global sales for 2021. Inspire brands has 33,000 restaurants in 60 different countries around the globe. Inspire’s aquisitions  includes Jimmy John’s®, Dunkin’®, Arby’s®, Rusty Taco®, Baskin-Robbins®,  SONIC® Drive-In, and Buffalo Wild Wings®. What does that all mean to the common investor? It means your favorite snack has the potential to be a gold mine investment. That’s what it means!! Taking some time to see if your favorite snack is publicly traded could mean, that delectable delight is a possible target for a takeover. There could be the perfect storm brewing around your favorite candy with prospects of being an explosive  and beneficial investment.

Kraft took over Cadbury chocolates in 2010. Warren Buffett’s Berkshire Hathaway took over Wrigley in 2008. Wrigley, the chewing gum icon was taken over for $23 billion dollars. Nestlé S.A. (NSRGY) is the largest publicly held food company on the entire planet. They’ve held a dominate presence in the chocolate industry combined with the agricultural products needed to produce chocolate since 1866.  It’s quite apparent that anything tasty that has corporate stock, that they don’t own, is a prime target for takeover by one of these super power investment firms or agricultural conglomerates.

NSRGY

Chart courtesy of Yahoo

Finding the diamond in the rough in the candy markets may be challenging. In the meantime hitchin’ your wagon to good ole faithful Nestle has the potential to give you solid growth as it has done the previous 5 years.

Donut Day was celebrated with not one, but two special deals

from Krispy Kreme. After buying a beverage, customers had the option of ordering one doughnut at no cost to them allowing them a privilege to get a dozen of the original glazed donuts for just one dollar when they bought either another dozen of normal donuts or 16 mini donuts. New beverages such as the mango pineapple refresher and the cake batter latte were added to the menu for the spring and summer seasons. In the meanwhile, the butter pecan iced coffee and dawn batch iced coffee are also returning to the Dunkin’ Donuts spring menu as beverages to choose from.
After dessert lovers have finished their beverages and devoured their doughnuts from Dunkin’ Donuts, theywere invited to travel over to  the Krispy Kreme platform to look for more discounts on sweets.

For me Donut Day was prophetic, the reason being, with NFT’s a virtual Willie Wonka Chocolate factory could be my ultimate fun house. The marketing campaigns from Nestle are perfect for NFT’s, where you can get air drops of confectionery delights you never knew existed. Invitations to spectacular candy events. Most likely you will also get to play in a virtual candy land with limitless possibilities. As an avid NFT observer I’m on the lookout for NFTs from companies like Nestle.  If and when that NFT drops, I’m sure I’ll have an advantage with one of my favorite pastimes, eating chocolate candy and experiencing new flavors.

 

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Related article: World Food Prices Will Be Disastrous For The Poor, Says Bank Governor

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