Truist downgrades Krispy Kreme, says labor shortage, rising wages could derail expansion plans

An employee wearing a protective mask removes a doughnut from a production line inside a Krispy Kreme Doughnuts Inc. store in the Times Square neighborhood of New York, on Thursday, Sept. 10, 2020.
Angus Mordant | Bloomberg | Getty Images

The difficulty companies are having in finding new workers could slow Krispy Kreme's expansion plans, according to Truist.