There’s no stopping Greggs and its array of reasonably priced baked goods, sandwiches and other on-the-go foods.  Apart from the pandemic, Greggs’s sales growth has been consistently strong over the past decade, and the first half of 2024 was no exception. Total first-half sales were 13.8% higher, driven by a combination of like-for-like same-store sales […]

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Greggs shares rose 2.2% to 2,124p in early morning trading on Tuesday after the food company reported trading in-line with management expectations and a growth in total sales to £694.5 million in HY1 2022 against £546.2 million the year before. Greggs confirmed a 22.4% like-for-like sales rise in the period, with a 12.3% growth compared […]

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Greggs stated in its latest announcement that the Board expects the forecasts for 2022 to remain unchanged, however, the group did voice its concerns regarding inflationary pressure impacting its input costs and current market conditions drying out its customers’ pockets. Greggs, the bakery chain, recorded a 27% increase in like-for-like (LFF) sales in company-managed shops […]

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Greggs recorded an underlying pre-tax profit of £55.5m for H1 Greggs (LON:GRG) said on Tuesday that its profit will be ahead of expectations as the baker moved back into the black during the first half of the year. The announcement came about thanks to a strong recovery in sales following the easing of restrictions. The […]

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The Greggs share price is up by over 1% on Monday morning Greggs (LON:GRG), the baker, said that its recovery in sales surpassed its own expectations, which it believes could have a positive impact on the FTSE 250 company’s end of year results. The company initially expected its sales to be negatively impacted by further […]

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Greggs’ trading statement will “put a smile on the retail sector” Greggs (LON:GRG) came out on Monday and said its profit levels could reach its pre-pandemic levels as its sales have rebounded. The UK baker said it has experienced a “strong recovery” as non-essential shops reopened in April. “If Next’s recent trading statement didn’t put […]

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Greggs to open 100 new shops in 2021 Greggs (LON:GRG) reported its first loss in 36 years during 2020 as sales dropped by a third following nationwide lockdown measures. The board of the Newcastle-based company confirmed a pre-tax loss of £13.7m in 2020 with sales dropping from £1.17bn in 2019 to £811.3m. Greggs also said […]

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The UK’s largest bakery chain Greggs (LON:GRG) announced that on Thursday, it would be expanding the number of its site reopening for takeaway services to 800, alongside publishing the rest of its provisional plan of action. The company said that recent trials of gradual shop reopenings had been successful. Their trials included operational changes such […]

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Greggs plc (LON:GRG) have seen their shares bounce following a bullish trading update published on Tuesday. The bakery goods firm saw a double digit sales rise across 2019, saying that the year was a ‘record’ one. “Greggs’ exceptional performance in 2019 comes after a multi-year programme of change and improvement. More customers are recognising the […]

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Finsbury Food (LON:FIF) have told shareholders that they are are trading in line with expectations, in a stable update provided on Thursday. The firm said that first half sales have been rising year on year, as the baker and food producer has been seeing declines in other sectors. In the six months to December 28, […]

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Greggs (LON: GRG) is set to report impressive interim figures on 30 July and upgrades are possible. However, the share price has already performed strongly, which means that the prospective multiple is high. Like-for-like sales growth has been in double digits and the results announcement will provide indications of whether that can continue. Comparisons will […]

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