Greggs Share Discussion Threads

[la forge] 02/8/2022 17:11

Dividends

The previously-declared special dividend of 40.0 pence per share was paid in April 2022.

The Board has declared an interim dividend of 15.0 pence per share (2021: 15.0 pence). The overall ordinary dividend for the year will be proposed in line with our progressive dividend policy, which targets a full year ordinary dividend that is around two times covered by underlying earnings.

The interim dividend will be paid on 7 October 2022 to those shareholders on the register at the close of business on 9 September 2022.

Outlook

Despite market-wide inflationary pressures Greggs has continued to perform well. Consumer behaviour is still recovering from the impact of the pandemic and employment levels are high. In a market where consumer incomes are under pressure Greggs offers exceptional value for customers looking for food and drink on-the-go. In the four weeks to 30 July like-for-like sales in company-managed shops were 13.1% above the equivalent period of 2021.

Clearly there are considerable uncertainties in the economy as a whole, but we continue to trade in line with our plan and are making good progress against our strategic objective to become a larger, multi-channel business. As such, the Board's expectations for the full year outcome remain unchanged.

[philanderer] 02/8/2022 11:12

Happy to hold on that update.

[livewireplus] 31/7/2022 22:56

Greggs is in the list:'12 stock ideas for brave bargain hunters'https://www.ii.co.uk/analysis-commentary/12-stock-ideas-brave-bargain-hunters-ii524783 

[zeppo] 31/7/2022 16:01

philanderer


Thank you for 4641

The Met obviously fear vegan sausage roll skirmishes in the small hours.

Looking forward to the Interims.

[philanderer] 30/7/2022 20:37

Greggs: Bakery fails in bid for 24-hour Leicester Square store

[westdean] 27/7/2022 21:46

Greggs and Primark collaboration ... one budget retailer coupling with another of the same sort, it would be interesting to see what kind of progeny (advantage) does such a union brings forth.

[geraldus] 27/7/2022 19:04

They are combating rising costs on all fronts.Ingredients,production, supply,fuel and staff.They must also have availability issues.Will be interesting to see how their price increases are going down.This situation isn't going away anytime soon and the company is tied to the low budget consumer that is really feeling the pinch. GL

[philanderer] 27/7/2022 16:02

Greggs and Primark on a roll with second fashion collaboration

[westdean] 27/7/2022 14:03

Interim results will be out shortly, doesn't anyone have any views as to what they might contain, and how they might be received by the city? From the highs of £36, the share price has fallen quite a bit to get to the point where it is now. I hope the results are able to reverse this decline. I used to think it is a good solid company, but the behaviour of the share price now appears to be characteristic of a bubble rather than a strong healthy flourishing company.

[livewireplus] 18/7/2022 19:10

Greggs opening at Leicester Square - free bubbly and sausage roll - YouTubehttps://m.youtube.com/watch?v=KSdRHaRBFeo

[livewireplus] 18/7/2022 19:08

Did you get one of the 200 free sausage rolls there today .... ?

[philanderer] 18/7/2022 14:30

Roll out the blue carpet! Mega Greggs store opens in Leicester Square recreating a glitzy film premiere

[topazfrenzy] 15/7/2022 09:17

Looks like a double bottom could be in ..

[topazfrenzy] 08/7/2022 12:18

Sold yesterday on the bounce, will buy again near 1500 if it gets there

[topazfrenzy] 05/7/2022 17:27

Outperforming the market today by some margin ... oil and commodities plunging, cost to come down before we know it .. time to buy supermarkets and food joints imo

Aviva just added to their stake

[barius] 29/6/2022 14:40

Buy at 900p

[topazfrenzy] 29/6/2022 12:59

Looking cheap again here

BUY BUY BUY!

[geraldus] 22/6/2022 12:10

Some belt tightening here.

[barius] 21/6/2022 16:20

Massive customers.

[r2oo] 16/6/2022 08:20

Massively oversold In my opinion.

[philanderer] 08/6/2022 12:30

UBS cuts Greggs price target to 3,000 (3,450) pence - 'buy'

[thorpematt] 22/5/2022 21:16

Bloomberg article on inflations keys. Headline icon was a suasage roll.

Inflation Comes in Many Flavors

We asked our reporters which items they’re tracking and why.