Greggs 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.

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Greggs 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.

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Wednesday broker round-up

29th Jul 2020 13:29

(Sharecast News) - Sanne: RBC Capital Markets reiterates sector performer with a target price of 600.0p.

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Greggs 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.

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Berenberg 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.

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Tuesday broker round-up

19th May 2020 08:26

(Sharecast News) - Greencore: Peel Hunt downgrades to hold with a target price of 170p.

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Starbucks 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.

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Shore 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.

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Greggs 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.

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Greggs 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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Monday broker round-up

6th Apr 2020 12:43

(Sharecast News) - Anglo American: RBC Capital Markets downgrades to sector perform with a target price of 1,500p.

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Greggs warns on profits, scraps dividend due to Covid-19

23rd Mar 2020 16:19

(Sharecast News) - Greggs issued a profit warning on Monday due to the coronavirus, scrapped its dividend and said it could not provide forward guidance.

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Wednesday broker round-up

4th Mar 2020 13:29

(Sharecast News) - CMC Markets: Peel Hunt upgrades to buy with a target price of 210p.

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Greggs warns of slowdown from UK floods, coronavirus worries

3rd Mar 2020 07:17

(Sharecast News) - High Street baker Greggs reported a rise in full year profits but warned winter storms in the UK had caused a significant slowdown in February sales and an cited uncertain outlook due to the coronavirus.

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Sunday share tips: Greggs, Harworth Group

19th Jan 2020 18:05

(Sharecast News) - In her 'Inside the City' column for the Sunday Times, Jill Treanor was focussing on bakery chain Greggs, and the 12 months that have passed since it launched it vegan sausage roll.

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