Greggs raises profit forecast as sales continue to rise

27th Nov 2018 07:21

(Sharecast News) - Bakery chain Greggs updated the market on its trading on Tuesday, reporting that the improved trading performance it saw in its third quarter update had strengthened further during October and to date in November.

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Tuesday broker round-up

9th Oct 2018 12:59

(Sharecast News) - Royal Mail: HSBC downgrades to hold with a target price of 379p.

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Greggs Q3 sales rise as new products prove popular

9th Oct 2018 07:36

(Sharecast News) - Greggs posted a rise in third-quarter like-for-like sales on Tuesday as new products proved popular with customers, and the FTSE 250 baker backed its expectations for the full year.

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Monday broker round-up

10th Sep 2018 11:48

(Sharecast News) - Glencore: JP Morgan downgrades to neutral with a target price of 370p.

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Tuesday broker round-up

31st Jul 2018 13:26

(Sharecast News) - Abcam: Berenberg upgrades to buy with a target price of 1,640p.

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Greggs claims resilience amid weak consumer confidence

31st Jul 2018 09:39

(Sharecast News) - Greggs said its trading was resilient as the purveyor of sausage rolls and other "food on the go" reported profit down 7% in a first half clouded by bad weather and weak consumer spending.

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Greggs sees FY slightly ahead of expectations after strong Christmas

17th Jan 2017 07:31

(ShareCast News) - FTSE 250 baker Greggs said on Tuesday that its full-year results are likely to be slightly ahead of previous expectations following particularly strong sales over the Christmas period. In the year to the end of December, total sales were up 7% while company-managed shop like-for-l

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Greggs sales rise with healthier summer options

4th Oct 2016 07:30

(ShareCast News) - Bakery retail chain Greggs posted its third quarter trading update on Tuesday morning, with total sales up 5.6% for the 13 weeks to 1 October and like-for-like sales up 3.4%. The FTSE 250 firm said company-managed shop like-for-like sales were up 2.8% for the period, and confirmed

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Greggs profit slips but interim dividend hiked, sales up

2nd Aug 2016 07:41

(ShareCast News) - Greggs posted a small drop in interim profit but lifted its dividend and announced an "encouraging start" to the second half of the year. For the 26 weeks ended 2 July, the bakery food-on-the-go retailer said pre-tax profit including exceptional charges nudged down to £25.4m from

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JD Wetherspoon now selling takeaway coffee for 99p

18th May 2016 15:44

(ShareCast News) - Pub chain J D Wetherspoon began selling a new product on Wednesday - takeaway coffee. For the princely sum of 99p, caffeine-loving Brits can get their fix at any of the FTSE 100 company's 950 locations in a takeaway cup. The chain already serves coffee to dine-in customers, with

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Court tells Greggs to provide customer toilets

18th May 2016 15:40

(ShareCast News) - Takeaway food shops that provide seating areas could soon be forced to provide customer facilities, if a high court judgement becomes precedent. FTSE 250 bakery chain Greggs was told by Mr Justice Kerr that, because it provides seating for diners purchasing food and beverages, it

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London pre-open: Stocks seen higher as oil advances, despite weak China data

9th May 2016 07:35

(ShareCast News) - London stocks were expected to open higher on Monday despite weak trade data from China, as oil prices advance. The FTSE 100 was seen opening 35 points firmer than Friday's close at 6,160. Data released earlier showed Chinese exports dropped 1.8% on the year in April versus expec

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Greggs steams ahead in first quarter thanks to salads and breakfasts

9th May 2016 07:08

(ShareCast News) - With hot food in its belly, Greggs got off to a strong start of the year with a 5.7% rise in like-for-like sales in spite of the tepid conditions on British high streets. As the food-on-the-go group continues its investment programme, trading at its own stores rose 3.7% in the fir

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Investec upgrades Greggs and eyes 1,250p price

5th May 2016 15:04

(ShareCast News) - Investec initiated overage of Greggs with a 'buy' rating ahead of the fast-food group's first-quarter results next Monday. The broker said the near-three-year repositioning of the FTSE 250 company for the food-on-the-go FOTG market will continue to open up more long-term growth op

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Tuesday broker round-up

19th Apr 2016 13:51

(ShareCast News) - Telecom Plus: Berenberg downgrades to hold with a target price of 1000p and Finncap reiterates buy with a 1225p target. Greggs: Berenberg upgrades to hold with a target price of 1020p. Zoopla: Credit Suisse reiterates outperform with a target price of 340p. Plus500: Berenberg st

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