Berenberg lowers target price on Greggs
28th Oct 2022 09:09
(Sharecast News) - Analysts at Berenberg lowered their target price on bakery chain Greggs from 3,600.0p to 3,000.0p on Friday despite earnings estimates holding firm.
Read moreGreggs Q3 sales up 14.6% YOY
4th Oct 2022 07:01
(Sharecast News) - High street bakery chain Greggs said on Tuesday that total sales were up 14.6% over the 13 weeks ended 1 October, putting it on track to meet full-year expectations.
Read moreSunday newspaper round-up: British Steel, Takeovers, Credit Suisse
2nd Oct 2022 16:23
(Sharecast News) - Jingye Group, the Chinese outfit that brought British Steel out of insolvency in 2020, has told ministers that its two blast furnaces would not be viable unless financial support from taxpayers was forthcoming. In remarks to Sky News, insiders said the company may need "hundreds of millions of pounds" in order to keep the company's blast furnaces in Scunthorpe, north Lincolnshire, operational. It remained nevertheless unclear whether the rescue package would take the form of a grant or loan. - Sunday Telegraph
Read moreGreggs sales up, holds guidance amid inflationary pressures
2nd Aug 2022 07:06
(Sharecast News) - High Street bakery chain Greggs reported a 22.4% rise in like-for-like sales for the half-year and maintained 2022 guidance , but bumped up its cost inflation guidance once again as price continued to rise.
Read moreDeutsche Bank starts coverage of Domino's, Greggs, Restaurant Group
11th Jul 2022 07:42
(Sharecast News) - Deutsche Bank initiated coverage of Domino's, Greggs and the Restaurant Group on Monday, with a 'buy' and two 'holds', respectively.
Read moreDirector dealings: Centamin board members buy in, Greggs finance director covers tax bill
23rd May 2022 14:19
(Sharecast News) - Centamin took the top three spots on the list of director buys on Monday, after three of its board members made purchases in the market.
Read moreGreggs warns of increasing cost pressures
16th May 2022 13:00
(Sharecast News) - UK baker Greggs warned of increasing cost pressures and reported a rise in first-quarter sales which were "flattered" by comparison with restricted trading conditions in pandemic-restricted 2021.
Read moreGreggs swings to profit but warns of cost headwinds in 2022
8th Mar 2022 07:01
(Sharecast News) - High street baker Greggs said significant inflationary headwinds would hit profit growth this year as it faced higher costs for raw materials, energy and labour.
Read moreGreggs makes 'considerable progress' in Q4, names Roisin Currie as CEO
6th Jan 2022 07:07
(Sharecast News) - Bakery chain Greggs said on Thursday that it had made "considerable progress" under "tough trading conditions" in the fourth quarter, putting the group in a "strong financial position" going into 2022.
Read moreGreggs' vegan sausage roll becomes victim of supply chain crunch
17th Nov 2021 12:18
(Sharecast News) - The vegan sausage roll became the latest victim of the supply chain crunch on Wednesday, as Greggs warned the popular snack was being affected by "temporary interruptions".
Read moreBroker tips: Greggs, Trainline,
4th Nov 2021 15:49
(Sharecast News) - Analysts at Berenberg reinstated their recommendation to 'buy' Greggs and bumped up their target price on the back of the company's first-ever capital markets day.
Read moreBerenberg reinstates 'buy' recommendation for Greggs, raises target price
4th Nov 2021 14:07
(Sharecast News) - Analysts at Berenberg reinstated their recommendation to 'buy' Greggs and bumped up their target price on the back of the company's first-ever capital markets day.
Read moreGreggs launches £100m legal claim against Zurich - report
1st Nov 2021 11:37
(Sharecast News) - Greggs has reportedly launched a £100m legal claim against Swiss insurer Zurich Insurance Group.
Read moreGreggs lifts full-year expectations, shares surge
5th Oct 2021 07:34
(Sharecast News) - Bakery chain Greggs said on Tuesday that the full-year outcome was set to be ahead of its previous expectations following a strong sales performance in the third quarter, but also warned over inflationary pressures.
Read moreGreggs swings to H1 profit, lifts full-year profit expectations
3rd Aug 2021 07:47
(Sharecast News) - Greggs said on Tuesday that full-year profit was set to be "slightly ahead" of its previous expectations as it swung to a first-half profit, with sales picking up after Covid restrictions were eased.
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