Greggs sales recovery since May 10 'stronger than expected'
28th Jun 2021 07:01
(Sharecast News) - High Street bakery chain Greggs has reported a stronger than expected recovery in sales from the Covid pandemic since early May which could have a "materially positive" impact on annual earnings.
Read moreFriday broker round-up
25th Jun 2021 13:33
(Sharecast News) - WPP: Credit Suisse upgrades to neutral with a target price of 1,060p.
Read moreBerenberg significantly hikes target price on Greggs
25th Jun 2021 10:05
(Sharecast News) - Analysts at Berenberg raised their target price on bakery chain Greggs from 2,100.0p to 2,950.0p on Friday, stating the group was now "delivering the goods".
Read moreGreggs profit to beat expectations after sales revive
10th May 2021 07:01
(Sharecast News) - Greggs said annual profit could be similar to 2019 and was likely to materially beat its expectations after sales returned to growth following the relaxation of Covid-19 restrictions.
Read moreGreggs swings to first ever annual loss as Covid takes its toll
16th Mar 2021 07:34
(Sharecast News) - Greggs swung to an annual loss in 2020 for the first time in its history as its sales were hit by measures related to the Covid-19 pandemic, but the bakery chain - famous for its sausage rolls - said trading so far this year was better than expected.
Read moreGreggs forecasts £15m loss as sales decline slows
6th Jan 2021 07:00
(Sharecast News) - High Street bakery chain Greggs said profits would not return to pre-coronavirus levels until 2022 at the earliest and forecast a loss of up to £15m this year.
Read moreGreggs warns on job losses amid 'uncertain' outlook
29th Sep 2020 07:01
(Sharecast News) - High Street baker Greggs warned of job cuts and reduced hours for staff in the face of expected lower demand despite better trading in September after a slow August.
Read moreWednesday broker round-up
29th Jul 2020 13:29
(Sharecast News) - Sanne: RBC Capital Markets reiterates sector performer with a target price of 600.0p.
Read moreGreggs swings to H1 loss after store closures
28th Jul 2020 07:48
(Sharecast News) - Bakery chain Greggs said on Tuesday that it swung to a loss in the first half as sales fell after its shops were forced to close for three months due to the coronavirus pandemic.
Read moreBerenberg ups rating on Greggs
19th May 2020 14:11
(Sharecast News) - Berenberg has upgraded its rating on Greggs to 'buy' after the bakery chain started to tentatively reopen some of its stores.
Read moreTuesday broker round-up
19th May 2020 08:26
(Sharecast News) - Greencore: Peel Hunt downgrades to hold with a target price of 170p.
Read moreStarbucks to reopen all UK stores this week
11th May 2020 12:10
(Sharecast News) - US cafe chain Starbucks said on Monday it would begin a phased reopening of all its establishments including its drive-thru locations in the United Kingdom as lockdown restrictions begin to ease.
Read moreShore Capital downgrades Greggs; points to 'post-lockdown strains'
1st May 2020 11:26
(Sharecast News) - Shore Capital downgraded its stance on shares of bakery chain Greggs to 'sell' from 'hold' on Friday as it pointed to "post-lockdown strains to come" and the potential for earnings per share and valuation pressure.
Read moreGreggs scraps plan to reopen stores
1st May 2020 08:02
(Sharecast News) - Bakery chain Greggs has halted plans to reopen multiple stores as soon as next week over fears the move would lead to mass crowds.
Read moreGreggs should have liquidity to withstand 'prolonged' closure
9th Apr 2020 12:06
(Sharecast News) - Greggs said on Thursday that it is eligible for the government's coronavirus support scheme and should have sufficient liquidity to withstand a prolonged period of closure.
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