Added to YB: 2026-01-12
Pitch date: 2026-01-08
GRG.L [neutral]
Greggs plc
+17.84%
current return
Author Info
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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 15.97
Price Target
N/A
Dividend
3.75%
EV/EBITDA
6.18
P/E
14.26
EV/Sales
1.04
Sector
Hotels, Restaurants and Leisure
Category
growth
GRG-ling shorts; sells then become boughts
GRG.L (update): Despite 6.5% drop today, Greggs took market share (incl. evening time segment), added 121 net shops, +£15M net cash vs 1H25. Short interest hit 10.5% (£185M borrowed stock = future buying pressure). Tesco B2B revenue jumping ~£20M/quarter. New automation facility could add £42M+ profit (2% margin boost). 2026 guidance 'similar underlying' suggests temp costs masking growth.
Read full article (5 min)