Greggs warns FY25 operating profits could be 'modestly below' FY24
2nd Jul 2025 07:04
(Sharecast News) - Bakery chain Greggs warned on Wednesday that FY25 operating profits may be "modestly below" FY24 despite H1 sales growth.
Read moreLondon close: Stocks mixed ahead of Nvidia results
28th May 2025 16:02
(Sharecast News) - London stocks ended Wednesday in mixed territory as investors remained cautious ahead of quarterly results from US chipmaker Nvidia, a key barometer for global tech sentiment, due later in the global day.
Read moreShore Capital downgrades Greggs, says there's little to stimulate the shares
28th May 2025 09:03
(Sharecast News) - Shore Capital downgraded Greggs on Wednesday to 'hold' from 'buy' saying that as investment reaches its peak, it sees little to stimulate the shares.
Read moreLondon close: Stocks rise on rate cuts, Ukraine optimism
20th May 2025 16:37
(Sharecast News) - London stocks ended higher on Tuesday, as investor sentiment recovered from jitters over Moody's US credit rating downgrade, alongside increasing hopes of a ceasefire in Ukraine and renewed policy support from China.
Read moreGreggs holds guidance as sales pick up
20th May 2025 07:04
(Sharecast News) - Shares in Greggs surged on Tuesday as the UK bakery chain reported a rebound in sales, driven by an extended range of products, including a macaroni cheese that went viral on social media while pizza boxes and flavoured iced teas also sold well.
Read moreLondon close: Stocks just manage to maintain winning streak
1st May 2025 17:39
(Sharecast News) - London stocks edged higher on Thursday, extending the top-flight index's winning streak to a 14th consecutive session even as investors assessed weaker-than-expected US economic data, with initial jobless claims rising to a three-month high.
Read moreDeutsche Bank downgrades Wetherspoons to 'sell'
26th Mar 2025 14:05
(Sharecast News) - Deutsche Bank downgraded its stance on shares of pub group JD Wetherspoon to 'sell' from 'neutral' on Wednesday, slashing the price target to 450p from 600p following interim results.
Read moreGreggs sales slow again after 'challenging' weather in January
4th Mar 2025 07:03
(Sharecast News) - Shares in Greggs slumped on Tuesday as sales slowed again at the start of the new financial year, with the bakery chain citing "challenging" weather conditions in January.
Read moreLondon close: Stocks led higher by rising metal prices
9th Jan 2025 16:53
(Sharecast News) - London stocks maintained positive momentum through to the close on Thursday, driven by gains in the mining sector and the continued depreciation of the pound.
Read moreGreggs 2024 sales top £2bn but Q4 LFL sales growth slows
9th Jan 2025 08:05
(Sharecast News) - Bakery chain Greggs said on Thursday that it jumped past the £2bn sales mark in 2024, but reported a slowdown in like-for-like sales growth for the fourth quarter as weaker consumer confidence dented footfall on the high street.
Read moreLondon close: Stocks weaker after surprise UK GDP contraction
13th Dec 2024 16:29
(Sharecast News) - London's stock markets closed lower on Friday as investors reacted to an unexpected contraction in the UK economy during October, while the pound lost ground against major currencies.
Read moreRBC Capital starts Greggs at 'outperform', says 'buy the dip'
13th Dec 2024 10:43
(Sharecast News) - RBC Capital Markets recommended that investors "buy the dip" on Friday, as it initiated coverage of bakery chain Greggs with an 'outperform' rating and 3,240p price target.
Read moreDeutsche Bank downgrades Greggs and Mitchells & Butlers after budget tax changes
8th Nov 2024 08:55
(Sharecast News) - Deutsche Bank has downgraded its ratings for Greggs and Mitchells & Butlers in light of the governments recent changes to employer national insurance contributions, saying that they disproportionately impact a "labour-intensive leisure sector".
Read moreLondon close: Stocks mixed on manufacturing data, Middle East tensions
1st Oct 2024 16:58
(Sharecast News) - London markets ended Tuesday with mixed results, as investors reacted to manufacturing data from both sides of the Atlantic, as well as Middle East developments.
Read moreGreggs backs full-year outlook as Q3 sales rise
1st Oct 2024 07:20
(Sharecast News) - Greggs slumped on Tuesday as it backed its full-year outlook but reported a slowdown in third-quarter sales growth.
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