Greggs plc — News

Greggs is the UK's dominant food-to-go retailer, boasting over 2,700 stores and a robust brand with significant scale advantages. I see substantial UK growth potential, targeting under-represented locations and supported by recent supply chain and IT investments to expand capacity to 3,500 stores. Despite short-term pressure from investments, I expect profitability to improve as investments mature and CapEx moderates.

seekingalpha.com - 2026-07-15 03:21:55

Greggs PLC (LSE:GRG) could face another summer trading slowdown as the UK's prolonged heatwave weighs on demand for its core hot products like sausage rolls and steak bakes, according to Jefferies, even though the broker still expects solid first-half profits. Ahead of interim results on 29 July, the FTSE 250-listed baker's pricing position is strong, the broker said, after a 4% increase at the start of the year.

proactiveinvestors.co.uk - 2026-07-13 08:03:54

Greggs PLC (LSE:GRG) has prompted fresh optimism from analysts after stronger-than-expected sales growth suggested pressure on customer volumes may be easing, with some brokers now pointing to the potential for future share buybacks. The bakery chain reported like-for-like sales growth of 2.5% for the first 19 weeks of 2026, accelerating to 3.3% in the most recent 10 weeks despite tougher comparisons and a still uncertain consumer backdrop.

proactiveinvestors.co.uk - 2026-05-13 08:44:13

Greggs PLC (LSE:GRG) shares climbed 4.1% to 1,585p on Tuesday morning, after the Tyneside-headquartered bakery chain reported an improvement in sales in recent weeks. Like-for-like sales came in at 2.5% over the first 19 weeks of the year, an improvement from the 1.6% disclosed after nine weeks, thanks to an acceleration to 3.3% in the last 10 weeks.

proactiveinvestors.co.uk - 2026-05-12 04:39:56

Greggs PLC (LSE:GRG) revealed that trading improved in recent weeks, though the bakery group has left its full-year guidance unchanged. Total sales rose 7.5% to £800 million in the first 19 weeks of 2026, while like-for-like sales in company-managed shops increased 2.5%.

proactiveinvestors.co.uk - 2026-05-12 03:00:09

Greggs offers an attractive valuation at 12x earnings and a 4.65% dividend yield, with a compelling 10.9% owner earnings yield. Fears of 'peak Greggs' are overblown; robust demand, underpenetration in rural areas, and a reasonable 3,500 store target support further growth. Vertically integrated, Greggs maintains cost leadership and high margins despite a capital-intensive model, with capex set to decline, boosting free cash flow.

seekingalpha.com - 2026-05-11 09:30:23