Greggs Share Discussion Threads

[philanderer] 24/1/2024 12:35

Dog of the day.

[philanderer] 22/1/2024 17:33

Netflix now showing that two part Greggs documentary with Grace Dent. Good exposure for the company.

[philanderer] 21/1/2024 00:39

ON A ROLL Greggs sausage rolls are being flogged for just 62p each – and it’s NOT at outlets

[philanderer] 17/1/2024 15:58

Aviva going over 4%

[philanderer] 16/1/2024 17:44

Tipped in The Times


TEMPUS

'Climb aboard the Greggs gravy train'

[philanderer] 16/1/2024 16:55

Added a few today.

Octavio , could you wang a couple of charts up in the header ? Many thanks.

[octavio] 16/1/2024 09:12

Progressing nicely! A very well-run business!

[blackhorse23] 15/1/2024 11:30

Money moving to GNC who is manufacturer & supplier for Greggs

[philanderer] 12/1/2024 11:29

Barclays raises Greggs price target to 3,080 (3,020) pence - 'overweight'

[philanderer] 11/1/2024 13:36

Liberum upgrades Greggs as it dishes out hot numbers


Liberum has upgraded high-street baker Greggs (GRG) as it believes there is more to go for as inflationary costs recede.

Analyst Wayne Brown upgraded his recommendation from ‘hold’ to ‘buy’ and retained his £28.00 target price on the Citywire Elite Companies A-rated stock, which was trading at £26.06 on Wednesday.

The group reported ‘a very strong update’ delivering a fourth-quarter sales growth of 9.4% and full-year growth of 19.6%, above the 18% delivered last year.

‘Store openings are ahead of expectations and while the profit and loss is in line with expectations, cash generation has massively beaten our expectations, with net cash of £195m at year-end versus our £130m expectation,’ said Brown.

He said a ‘buy’ is the right call given ‘inflation is now receding and openings expected to ramp up further’.

‘It seems like all the strategic initiatives have contributed to such a strong performance,’ he added.


citywire.com

[eigthwonder] 10/1/2024 12:35

Sellers of good value British takeaway food - it’s the UK equivalent of Maccy D’s.

[haroldthegreat] 10/1/2024 12:16

The kids are experts in shoplifting. I have seen a group of kids go in to buy goods in my local Greggs and whilst they are obscuring the staff view others go in and steal from the front display. No way can they stop it unless they have someone on the door . Then their rate of sale will be reduced in their peak selling period .luckily they are low cost items and are made by us .

[philanderer] 10/1/2024 10:18

That's a good update.

[maximus57] 10/1/2024 08:29

Great results yet again, this should easily be trading over 30 pounds a share IMHO. Getting held back in a sticky UK market. It would be flying in the US

[johnwise] 10/1/2024 08:20

Greggs PLC Q4 Trading Update (1668Z)

Further strong trading through fourth quarter

Q4 highlights

[johnwise] 09/1/2024 22:32

Greggs Short Positions Break Down

[cumnor] 03/1/2024 10:37

This is why you will see companies leaving London in droves-no liquidity in the market and less interest from IIs based here. Creates great opportunities though when PIs are mugged by the mms.

[18bells] 30/11/2023 08:05

Based on witnesses the kids "walked in" as opposed to "storm in". The staff are powerless and who wants to chase kids for stolen goods these days?! The situation could spin putting one self in danger and possibly nicked to an alleged assault that never occurred. Reoccurring mass theft is a pandemic and retailers are left on their own. The remaining retailers on the high street are struggling with online retailers and walkin thieves. Problem is the stock is limited each day so its not possible to just make more donuts. Also the packaging is probably supplied limited to delivery each day. The danger is if this is a reoccurring problem it will impact the individual shop and if sales are not hitting targets and contributing profit to the whole business it will go and that applies to all shops.

[bouleversee] 29/11/2023 12:46

If the kids were nicking them, Greggs should be taking action to prevent this. Police won't be interested but it can't be that difficult.

[bouleversee] 29/11/2023 12:42

Are you suggesting the kids had just stormed in and lifted them without paying? If not, the impact should be to encourage Greggs to make and deliver more doughnuts. Simples!
It could, of course, be that the remaining kids were waiting for an imminent delivery and were just watching to see what you were going to buy.

[18bells] 29/11/2023 08:44

Decided to visit Greggs yesterday and on my way saw a number of school kids each with stacks of Greggs boxes. At first I thought "no such thing as cost of living for kids wanting donuts". However when I entered the store a number of kids were jittery not knowing what to do yet all looking at me. Then realised the earlier group had more or less cleaned up the donut boxes from the island display and the remaining kids waiting to see how I reacted to the situation. According to one customer it is now a common occurrence school kids grabbing what they like from a number of retailers and the local market stool holders. Question is how is this impacting Greggs operation?

[dudishes] 06/11/2023 16:15

Check.

Just looked again, a gamblers market, not sure why (pie eaters)?

cheers

[dudishes] 06/11/2023 16:10

Tks W. It's very bouncy, low vol.

Out for now but maybe another stab (£30)?

Seems a crackin day trade, if time permits!