Goldman downgrades Krispy Kreme to sell, says company is facing inflation crunch

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Jesse Pound@/in/jesse-pound@jesserpound
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A man walks past a Krispy Kreme "Hot Now" neon sign in Times Square in the Manhattan borough of New York City on Oct. 16, 2020.
Carlo Allegri | Reuters

Rising cost pressures could make Krispy Kreme's return to the public markets an even bigger disappointment, according to Goldman Sachs.