Looking forward
Greggs | 17/03/2021

Greggs’ FY20 results were in line with expectations and highlight a year of two halves from a profit perspective. COVID-19 wrought the most damage…

New national lockdown tempers outlook
Greggs | 07/01/2021

Greggs’ Q420 sales performance was better than we expected due to (in descending order) a faster recovery in sales despite ongoing and variable COVID-19…

Learning to manage
Greggs | 30/09/2020

Greggs’ Q320 trading update shows a recovery in sales in line with our expectations. There has been good progress: getting all infrastructure up…

Gradual recovery expected
Greggs | 04/08/2020

Greggs’ interim results were heavily affected by the estate closure for the majority of Q220, due to COVID-19. The key takeaways are that operating…

Protecting employees and customers
Greggs | 24/03/2020

COVID-19 will have an uncertain but important impact on Greggs' profitability in FY20. The profit and cash flow impact of lost sales will be mitigated…

Very tasty
Greggs | 04/03/2020

Greggs’ FY19 PBT was 1% ahead of our expectations and current trading suggests it will continue to take market share in the growing food-on-the-go…

‘A very strong finish to a spectacular year’
Greggs | 08/01/2020

Greggs finished 2019 with accelerating revenue growth. It continues to benefit from increasing customer growth as the brand strengthens and it takes share…

Accelerating sales growth
Greggs | 12/11/2019

Greggs’ trading update for the first six weeks of Q419 highlights an improvement in sales growth. Like-for-like (l-f-l) sales growth of 8.3% follows…

Continued strong like-for-like sales growth
Greggs | 01/10/2019

Greggs’ trading continues to be impressive, with better-than-expected like-for-like revenue growth in Q319 of 7.4% (against tougher comparatives)…

More than just the vegan-friendly sausage roll
Greggs | 06/08/2019

Greggs’ interim results highlighted that the consumer is responding well to the company’s transition to a leading food-on-the-go retailer.…

Robust trading performance - earnings upgrade
Greggs | 14/05/2019

An unscheduled trading update confirming exceptional 11.1% like-for-like (l-f-l) sales growth in the first 19 weeks of FY19, and a fourth earnings upgrade…

Brand transformation rolls out cash
Greggs | 14/03/2019

Greggs’ substantial progress with the brand transformation, backed by savvy use of social media, helped to deliver robust FY18 results, in spite…

On a roll - unscheduled vegan-driven upgrade
Greggs | 19/02/2019

After only seven weeks, Greggs’ vegan sausage roll has already led us to an upgrade, our third in two months. With its smart approach to social media,…

An exceptionally strong end to the year
Greggs | 09/01/2019

Greggs, the leading food-on-the-go retailer, has continued an impressive upwards trend in like-for-like (lfl) owned-store sales growth across Q4, and in…

Raising earnings expectations
Greggs | 28/11/2018

An unscheduled trading upgrade confirms impressive stronger than anticipated sales growth in October and November, on the back of a robust Q3 and tough…

Greggs passes the scorch test
Greggs | 09/10/2018

Greggs’ sales growth has accelerated through each quarter, in defiance of the summer 2018 heatwave conditions that turned many retailers’ performances…

Executive interview – Greggs
Executive interview – Greggs | 09/08/2018

Over the past five years Greggs has transformed itself from a national bakery chain into a leading food-on-the-go retailer with over 1,850 shops. It is…

Transformation taking shape
Greggs | 03/08/2018

Greggs’ interim results, against a backdrop of extreme weather conditions, reinforce progress with the strategic transformation of the brand into…

Growth moderates, but strategy on plan
Greggs | 10/05/2018

Greggs’ management has been open in recognising that despite the Beast from the East and other extraordinary weather patterns, there is an underlying…

Value discovery
Greggs | 14/03/2018

Five years into its strategy, there is plenty for Greggs to do. Its shops, which all now look and work like value food-on-the-go outlets, must spread out…