||EPS - Basic
||Market Cap (m)
|Food & Drug Retailers
Greggs Share Discussion Threads
Showing 3376 to 3399 of 3400 messages
|Something - think you have misspelt the last part of your username.
Don't hold GRG, still on the watchlist but like the management & defensive qualities of the Co. More chance of you making an informed comment than the share price here going to 400p....|
|400p coming on chart
new lows coming|
|Wish I bought a few more!, always easy after the event.|
|Had a very small amount.|
|Market appears to be focussed on the 2017/18 margin challenges imv.|
|What GRG have as one of their main attractions is inherent flexibility in the
store estate, certainty in the context of retail.
Look at the numbers of store closures as they relocate from many of their more
traditional locations, that is a powerful advantage longer term.|
|Morning EI , fair summary , applies to a lot of companies now. Good management here , and at DOM too :-)
Greggs provides positive Q3 update
Baker Greggs (GRG) is thinking progressively and has successfully positioned itself in the food-to-go market.
Shore Capital analyst Clive Black retained his ‘hold’ recommendation on the stock but does not have a target price following a Q3 trading update. It revealed total sales increased 5.6% year-on-year.
‘Greggs has been a very good investment in recent times, reflecting what we believe has been commendable work by [chief executive Roger] Whiteside and [finance director Richard] Hutton to reposition the offer to be much more relevant to the evolving food-to-go market,’ he said.
‘As such, the group has greater relevance today than it has had for some years and can, therefore, explore estate expansion with more confidence. Additionally, management is progressively thinking about the group’s supply chain and logistics base, taking quite fundamental actions over the rest of this decade to structurally adjust the operating cost base and capacity of the business.
‘We see merit in all these moves, albeit we point out that the infrastructure work comes at a considerable capital cost.’
The shares finished yesterday 1.6% higher, up 16.4p, to £10.62.
|Phil, the cost inflation headwind would be my main concern over
the next 12 months, listened to the conference call on the last results
and this was evident.
Solid enough results though, had been a tad cautious on seeing the chunky FD
sale in August.|
|Canaccord 'buy' tp 1300p .. reiterates|
|'Greggs warns about costs rising on back of weak sterling'
Greggs has warned that ingredient prices will rise next year in part owing to the weaker pound but the bakery chain has promised that the costs of its sausage roll and pies as well as newer healthier ranges will only rise as a “last resort”.
Telegraph market report:
Elsewhere, high-street bakery chain Greggs ticked up 5p to £10.51 after it pointed to sales growth of 2.8pc in the 13 weeks to October 1. However, it cautioned higher ingredients prices and the depreciation in the pound will push costs up next year. In its wake, broker Investec lowered its target price to £12.25.
|Greggs’s health kick pays off as salads and yoghurts help lift sales...
|Main headwind is cost pressures likely increasing through 2017.
Can they pass through prices increases in the current market?.|
|Nice rise to-day, hope tomorrows trading statement adds a further increase :-)|
|xd tomorrow for the 9.5p|
|Greggs sales boosted by popularity of its healthy falafel, hummus and teriyaki chicken options - and even sushi could be on the menu in future
Read more: HTTP://www.thisismoney.co.uk/money/markets/article-3719681/Greggs-sales-boosted-popularity-healthy-falafel-hummus-teriyaki-chicken-options.html#ixzz4GBBYIBVj|
|Peel Hunt 'buy' target 1320p|
|Agree with that EI. Main thing for me is this change of brand perception they`re trying to instil. Slow job but seems to be working.
UBS 'buy' .. target 1310p|
|Input costs do get a mention, looks a 2017 event.
GRG must have some leeway for modest product prices increases, if necessary.|
|Added 1000 for my wife @ 1030p. She`s bought the same amount on results days come what may for the last five or so years and must have a small fortune now in these and DOM :-)
Investec reiterates 'buy' and 1250p target.|
|Added a few back at 1024 and '22.5|
|Hi Phil, grabbed a quick profit, will keep it on watch.|
|Morning EI , a poor market day to be reporting.
Solid set of numbers and 9.5p dividend :-)
'Greggs sales boosted by healthier food'
|Very happy with that share price reaction )|