Greggs plc (LON: GRG)

London flag London · Delayed Price · Currency is GBP · Price in GBX
2,830.00
+56.00 (2.02%)
May 17, 2024, 4:35 PM GMT+1
1.80%
Market Cap 2.87B
Revenue (ttm) 1.81B
Net Income (ttm) 142.50M
Shares Out 102.26M
EPS (ttm) 1.39
PE Ratio 20.36
Forward PE 21.01
Dividend 1.02 (3.60%)
Ex-Dividend Date Apr 25, 2024
Volume 159,423
Open 2,766.00
Previous Close 2,774.00
Day's Range 2,756.00 - 2,830.00
52-Week Range 2,244.00 - 2,910.00
Beta 1.30
Analysts n/a
Price Target 3,227.73 (+14.05%)
Earnings Date May 15, 2024

About Greggs

Greggs plc operates as a food-on-the-go retailer in the United Kingdom. It offers a range of fresh bakery products, sandwiches, and drinks. The company sells products to franchise and wholesale partners for sale in their own outlets. It is also involved in the property holding, non-trading, and trustee businesses. The company also operates through its own shops. Greggs plc was founded in 1939 and is headquartered in Newcastle upon Tyne, the United Kingdom. [Read more]

Industry Restaurants
Founded 1939
Country United Kingdom
Stock Exchange London Stock Exchange
Ticker Symbol GRG
Full Company Profile

Financial Performance

In 2023, Greggs's revenue was 1.81 billion, an increase of 19.62% compared to the previous year's 1.51 billion. Earnings were 142.50 million, an increase of 18.45%.

Financial Statements

News

Greggs to deepen ties with Issa brothers-owned franchisees Asda and EG Group amid major store expansion

Greggs is poised to deepen ties with its biggest franchise partners after Britain’s best-known baker said it planned to open dozens more sites in key transport locations such as rail and petrol statio...

5 days ago - Evening Standard

Britain's Greggs building capacity for 3,500 stores

Currently trades from 2,500 shops

5 days ago - Zawya

Greggs cooks up sales rise after hitting shops milestone

The bakery chain reported a 7.4% rise in like-for-like sales for the first 19 weeks of 2024.

5 days ago - Evening Standard

Three Quick Facts: Greggs, Currys, Vodafone

Tony Cross picks three things to know about the markets, featuring Greggs, Currys, Vodafone

5 days ago - The Armchair Trader

From WhatsApp to Greggs - why is tech going down more?

Experts say tech outages do seem to be happening more often.

4 weeks ago - BBC

Claudia Winkleman on swearing, success and secrets: ‘I had to sign a contract promising not to sing’

With three hit shows – Strictly, The Traitors and the returning The Piano – Claudia Winkleman is TV’s hottest presenter. She talks about being tone deaf, being a style icon … and why she’s allergic to...

4 weeks ago - The Guardian

Greggs staff to wear body cameras after rise in sausage roll thefts and abuse

London Bridge among branches of chain that will see staff wearing the technology

7 weeks ago - Evening Standard

Greggs: Solid Results Underline Strength Of Business Model

Greggs continues to experience substantial growth opportunities and has a proven business model. See why GGGSF stock is a Buy.

7 weeks ago - Seeking Alpha

Nationwide apologises to customers as tech glitch delays payments

Nationwide is one of the latest to see IT glitches, following the likes of Sainsbury’s, McDonald’s, Greggs and Tesco, amongst others.

2 months ago - Euronews

Payments glitches like at Greggs could cost more than a few steak bakes

City Comment: Our payments infrastructure is vital to the economy

2 months ago - Evening Standard

As Greggs Hit, When Do Retail Tech Meltdowns Stop Being A Coincidence?

The U.K.'s largest baked goods chain Greggs was hit by technical problems with payments that meant it could take neither cash nor cards during the busy morning trading period today.

2 months ago - Forbes

Retailer IT outages highlight risks of ‘cashless’ society, experts say

Greggs branches closed across the UK on Wednesday morning as technical issues caused card payment systems to fail.

2 months ago - Evening Standard

Inflation, Greggs and David Lloyd

Ian reacts to the latest figures from the Office for National Statistics which showed inflation fell to 3.4% in February, down from 4% the month before.

2 months ago - Sky News

IT outages at Greggs ‘resolved’ after stores forced to close

The issue meant shops were unable to accept payments.

2 months ago - Evening Standard

Why is Greggs closed? IT issue affecting payments

IT issues had affected Sainsbury’s, Tesco and now Greggs

2 months ago - Evening Standard

Greggs stores forced to close as technical issue halts payments

Outlets in cities including London, Manchester, Cardiff and Glasgow have reportedly been affected on Wednesday morning.

2 months ago - Evening Standard

Greggs bakeries shut across UK amid reports of IT issues

Customers reported outlets in cities including London, Cardiff and Manchester have had to shut

2 months ago - Evening Standard

Greggs outlets 'closed around the UK' after 'IT glitch at tills'

Greggs says it is "experiencing issues accepting payments" amid reports shops have been forced to shut across the country.

2 months ago - Sky News

Domino's hopes to take a slice out of Greggs' business model as it eyes 700 store openings

Pizza chain Domino’s today unveiled plans to take a slice out of rival Greggs’ business model as it eyed opening another 700 stores over the next decade.

2 months ago - Evening Standard

This fast food chain is bigger than Subway and McDonald's in the UK, and it's famous for a food item many Americans have never heard of

Greggs is best known for its cheap sausage rolls — a delicacy little -eaten in the US, and their vegan counterparts.

2 months ago - Business Insider

Greggs staff to share £17.6m bonus pot as bakery chain makes record profits

About 25,000 Greggs workers will get a slice of a £17.6m bonus pie after the high street bakery chain made record annual profits.

2 months ago - Sky News

Greggs results see analysts, workers and customers cheer

Greggs PLC (LSE:GRG) shares may have only lifted 2% following the group's full-year results, but areas of the update have left analysts, employees and sausage roll lovers with something to cheer. For ...

2 months ago - Proactive Investors

Greggs on course to double sales by 2026 as revenues soar to £1.8bn

Greggs has said it is on track to double turnover under an ongoing five-year strategy after achieving its strongest-ever performance in 2023.

2 months ago - This is Money