Added to YB: 2025-07-07
Pitch date: 2025-07-03
GRG.L [neutral]
Greggs plc
+10.67%
current return
Author Info
No bio for this author
Company Info
Greggs plc operates as a food-on-the-go retailer in the United Kingdom. It offers a range of fresh bakery products, sandwiches, and drinks.
Market Cap
GBP 1.9B
Pitch Price
GBP 16.36
Price Target
N/A
Dividend
3.67%
EV/EBITDA
6.29
P/E
14.59
EV/Sales
1.06
Sector
Hotels, Restaurants and Leisure
Category
value
Greggs -13%: What’s Happening?
GRG.L (overview): Sales +6.9% to £1.03B in H1, but LFL slowed to 2.6% (vs 6.5% Q2 2024). June heatwave hurt footfall in city/high street locations. Added 31 net stores (87 new, 56 closed) to 2,649 total, on track for 140-150 net openings in 2025. Theft issues emerging. FY operating profit forecast 'modestly below' 2024 due to refurbishment costs.
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