Greggs Share Discussion Threads

[philanderer] 04/10/2016 20:48

'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.

[philanderer] 04/10/2016 15:14

Greggs’s health kick pays off as salads and yoghurts help lift sales...

[essentialinvestor] 04/10/2016 10:03

Main headwind is cost pressures likely increasing through 2017.

Can they pass through prices increases in the current market?.

[sicker] 03/10/2016 18:52

Nice rise to-day, hope tomorrows trading statement adds a further increase :-)

[philanderer] 07/9/2016 09:16

xd tomorrow for the 9.5p

[philanderer] 02/8/2016 13:59

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:

[philanderer] 02/8/2016 12:59

Peel Hunt 'buy' target 1320p

[philanderer] 02/8/2016 12:14

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

[essentialinvestor] 02/8/2016 11:06

Input costs do get a mention, looks a 2017 event.

GRG must have some leeway for modest product prices increases, if necessary.

[philanderer] 02/8/2016 10:52

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.

[essentialinvestor] 02/8/2016 09:57

Added a few back at 1024 and '22.5

[essentialinvestor] 02/8/2016 09:44

Hi Phil, grabbed a quick profit, will keep it on watch.

[philanderer] 02/8/2016 09:23

Morning EI , a poor market day to be reporting.

Solid set of numbers and 9.5p dividend :-)


'Greggs sales boosted by healthier food'

[essentialinvestor] 02/8/2016 08:22

Very happy with that share price reaction )

[onjohn] 02/8/2016 07:17

looks a bit below expectations

[essentialinvestor] 01/8/2016 11:31

Hi Phil, It moves around a bit, sold a few at '54 this AM and just bought
some of those back under '37.

No idea on tomorrow so only a small position, my concern would be margin
guidance however that view may be overly cautious.

[philanderer] 29/7/2016 17:21

Evening EI , in the price now I`d have thought.

Luck with your buy.

[essentialinvestor] 29/7/2016 08:25

Had a small amount.

[essentialinvestor] 28/7/2016 14:24

Wonder if most of their ingredients are UK sourced?, in the context
of GBP plunging.

The coffee beans may have become a lot more expensive as one example.


Any thoughts?.

[philanderer] 27/7/2016 12:44

Interims next tuesday

[onjohn] 27/6/2016 21:23

560p target on these

[rubberbullets] 25/6/2016 13:23

i wouldnt touch this with yours