Greggs Share Discussion Threads

[misca2] 11/11/2019 10:16

Greggs PLC GRG Peel Hunt Reduce 2,000.00 - Reiterates

[trt] 11/11/2019 10:14

Profits will beat market expectations and that's before the Xmas rush. I think a further update in due course will say 'substantially beat market expectations ' - then watch the share price shoot up !!

[iammrweald] 11/11/2019 09:51

this time....always get a pullback on large% rises.it's where it lands eh.good luck.

[misca2] 11/11/2019 09:49

Great company but looking toppy

if no break in resistence it might fall

do becareful

[philanderer] 11/11/2019 09:48

Just look in the outlets as you pass by.

Excellent update and turns the portfolio blue.

[this_time_its_different] 11/11/2019 09:45

I didn't want to pay more than £20 a share for this, so bit confused now on what to do. Was happy adding at £17 and £18.

[iammrweald] 11/11/2019 09:44

back to aug sept resistance now.be interesting if it holds.chomp chomp!

[red5] 11/11/2019 09:28

Always busy at my local too

[thomstar] 11/11/2019 08:54

Just having a celebratory sausage roll

[tomboyb] 11/11/2019 08:27

up 12% -

Tough times in the market but Greggs seem to have the right combination -

Always busy first thing in the morning my local -

[this_time_its_different] 11/11/2019 08:21

I was going to put £1300 into Greggs this month and now it jumps. Probably will still top up, but missed out on 10% gain. Still hold around 900 shares of Greggs right now either way.

[trt] 11/11/2019 08:07

Got to be in it to win it. I have topped up this morning.

[trt] 11/11/2019 08:06

Share price should soar through the £20 level now.

[waldron] 11/11/2019 07:49

PROACTIVEINVESTORS



Oliver Haill

07:31 Mon 11 Nov 2019

Follow Oliver on:
viewGreggs PLC
Greggs bakes hotter profits than expected

The sausage roll retailer reported total sales up 12.4% in the six weeks to 9 November, with like-for-like sales rising 8.3%
Greggs PLC - festive bake
The Greggs 'festive bake' has been on sale since the start of November

Greggs PLC (LON:GRG) expects to add a dash more profits to its full-year results than previously expected as trading has continued to compare well against the strong growth last year.

The fast food retailer, fresh from the hotly anticipated launch of its 'festive bake', said total sales had risen 12.4% in the six weeks to 9 November, with like-for-like sales up 8.3%.
READ: How Roger Whiteside transformed Greggs into the £2bn bakery chain it is today

With total sales unchanged from the third quarter but LFL sales improving, the year to date has seen total sales rise 13.4% and LFLs gain 9.2%.

“Sales growth continues to be driven by increased customer visits and has been stronger than we had expected given the improving comparative sales pattern that we saw in the fourth quarter last year,” the company said in the statement.

Despite concerns raised about costs earlier in the year, the FTSE 250 group said operational costs have stayed “well controlled”.

Even though comparisons against last year become stronger still in the last few weeks of the year, the board “anticipates that full year underlying profit before tax (excluding exceptional charges) will be higher than our previous expectations”.

[saurish] 11/11/2019 07:14

Excellent trading update. Beating strong comparables signifies increasing demand and effective cost control a prudent management. A great combination that has resulted in profits that will be higher than expected.

[philanderer] 07/11/2019 23:49

All the delicious Christmas items on Greggs’ festive menu launching tomorrow

[philanderer] 05/11/2019 13:14

'Greggs Festive Bake Arrives Early in Manchester'

[philanderer] 02/11/2019 00:15

Indeed... +11p on the week.

[melody9999] 01/11/2019 19:23

assuming we fall below current level where support is much stronger

[philanderer] 29/10/2019 13:06

Chart support @ 1550p

[shanklin] 23/10/2019 20:45

Blimey philanderer

Is that calorie free?