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Greggs (LSE:GRG) Stock Gets Fair Value Bump As Analysts Drive The Latest Update
The latest analyst update for Greggs lifts the fair value estimate from £17.77 to £18.74, giving investors a refreshed reference point for the stock. This change is presented alongside commentary that current valuation work and analyst vie…
‘Sad day’ for Scottish workers as Greggs plans to shut factory
A Scottish Borders councillor has described a "sad day" for dozens of workers after Greggs announced plans to shut four factories, including one in Scotland. The high street bakery chain said the proposed changes will take place over the n…
Factory closure plan will ‘future proof’ Greggs, says boss as 740 jobs cut
The boss of Greggs has said a major overhaul of its food manufacturing operations, which will cut around 740 jobs, will help "future-proof" the business. The high street bakery has proposed to shut four factories and change operations at a…
Greggs to axe around 740 jobs and shut four factories
Greggs has said it plans to shut four factories with the loss of about 740 jobs as part of an overhaul of its food manufacturing operations. The high street bakery chain said the proposed changes, which will take place over the next two-an…
Greggs to axe hundreds of jobs after replacing humans with robots
Greggs has raised its expectations for profits this year - Mike Kemp/In Pictures via Getty Images Greggs has put hundreds of workers at risk of redundancy after unveiling plans to shut four factories and replace staff with automated machin…
FTSE 100 today: Stocks rise as UK GDP beats forecasts, miners lead
Investing.com -- British stocks rose on Wednesday as data showed the UK economy grew faster than expected in the second quarter. Still guessing which names to buy? Our AI rebuilds its stock picks at the start of every month. The list is be…
European equities gain as tech listings track U.S. AI expansion signals
Investing.com - European stock bourses bounced back on Wednesday, rising toward one-week highs as investors positioned ahead of a dense slate of European and U.S. macroeconomic releases and digested encouraging policy signals for the techn…
Greggs shares jump 7% to 2-month high as profit outlook raised
Investing.com -- Greggs shares jumped to a two-month high on Wednesday after the British bakery chain raised its 2026 profit outlook as sales growth strengthened through the summer, while it also proposed closing four manufacturing sites a…
This article first appeared on GuruFocus. Evaluating the Sustainability of Greggs PLC's Upcoming Dividend and Long-Term Growth Prospects Greggs PLC (GGGSF) recently announced a total dividend of $0.25 per share, with the ex-dividend date s…
Retailers to offer work experience to 100,000 young benefits claimants
Young benefit claimants will be offered work experience on the high street under a new plan backed by Andy Burnham. Retailers, including Asda, Greggs, Tesco and Ann Summers, have pledged to create up to 100,000 jobs under a scheme for 18-…
Caffeine in Costa cappuccino more than three times that of Starbucks – study
Coffee drinkers may be getting more or less caffeine in their drinks than they anticipated, with levels varying "wildly" between popular high street chains, a new study shows. The latest research from consumer champion Which? analyses the…
Greggs (LSE:GRG) Stock Fair Value Edges Higher After Mixed Analyst Target Changes
Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Greggs sits at the centre of a fresh price target debate, with recent analyst work clustering aroun…
Greggs, Boots and M&S team up with Met Police to tackle shoplifters
Major retailers on London's high streets are using new technology from the Metropolitan Police to catch shoplifters. It allows them to submit CCTV footage, witness statements and other evidence directly to officers within minutes, allowing…
Iced matcha, salads and picnic sausage rolls help Greggs weather heatwave
Iced lattes, picnic food and a bigger range of salads helped Greggs battle the heatwaves this year as its boss admitted people "eat less" when temperatures soar. The chain of 2,773 bakeries revealed its sales increased over the first half…
Greggs Loses a Finance Veteran as Growth Gets Stickier
Greggs Loses a Finance Veteran as Growth Gets Stickier - Moby THE GIST Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Greggs is chang…
How The Investment Story For Greggs (LSE:GRG) Is Evolving As Expectations Hold Steady
Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Greggs’ latest analyst update keeps price targets unchanged, signalling that expectations on this front are currently s…
Monzo profits swell as bank cashes in on loans and paid plans
Monzo has reported a 44% leap in its annual profits as the digital bank generated more from lending and cashed in on subscriptions. The bank, which was launched 11 years ago as a challenger to high street banking, said millions more custom…
Greggs shares jumped 4pc after it reported stronger-than-expected sales - Jason Alden/Bloomberg Greggs is set to start selling sausage rolls in Spain as it seeks to bounce back from a string of lacklustre results. The company said the shop…
Greggs to open international shop at Tenerife South airport
Holidaymakers will be able to buy a Greggs sausage roll at Tenerife South airport from later this month when the baker opens its only international outlet. Greggs last operated shops abroad in Belgium in 2008, but said Tenerife was “the id…
Greggs ups prices of meal deals again and cautions over Iran war cost hit
Greggs has revealed its meal deals have gone up in price again as the bakery chain reeled in health-conscious and younger customers with new menu picks. The company, which runs 2,759 shops, also cautioned that prices could go up further if…
Greggs serves up stronger sales after rolling out new menu picks
Greggs has toasted to improving sales over the year as it shakes up its menu and targets new shops, but warned that it could be facing higher costs if the Iran war rumbles on. The bakery chain, which runs 2,759 shops, has picked Tenerife a…
Greggs (LSE:GRG) Story Shifts As Analysts Fine Tune Targets And Reassess Growth Expectations
Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Price targets for Greggs have seen small adjustments, with several updates clustering in a relatively tight range aroun…
Greggs launches chicken version of sausage and vegan rolls in ‘iconic trilogy’
Greggs is launching a chicken version of its customer favourite sausage and vegan rolls in a permanent addition to its menu. The Chicken Roll – described by the high street baker as “seasoned chicken wrapped in layers of crisp, golden, gla…
Why The Greggs (LSE:GRG) Narrative Is Shifting As Analysts Trim Targets Yet Stay Positive
Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Greggs’ fair value estimate in this model has been nudged from £17.80 to about £17.31 per share,…
Trending tickers: MongoDB, Thales, Fresnillo, Greggs and Inchcape
MongoDB (MDB) Shares in software company MongoDB (MDB) was down 25% in pre-market trading on Tuesday, after the firm forecast a loss for the year ahead. In fourth quarter results released on Monday, MongoDB said it expected to report a los…
Greggs warns conditions ‘still tough’ for shoppers after slump in profits
Greggs has said it is “still tough out there” for customers after it revealed a slump in profits for the past year. However, boss Roisin Currie said that “easing inflationary pressures” should boost consumer spending this year. The Newcast…
Greggs expects ‘easing inflationary pressures’ to boost shoppers
Greggs has said “easing inflationary pressures” should boost stronger consumer spending after it revealed a slump in profits for the past year. The high street bakery chain well known for its sausage rolls and steak bakes also reported a s…
Greggs to reveal trading amid pressure from cost of living and weight loss drugs
Greggs is to shed light on demand from customers as the high street bakery chain contends with the rise of weight loss treatments and cost of living pressures on shoppers. The high street chain is also wrestling with other factors includin…
Stocks to watch next week: Broadcom, Costco, Adidas, Aviva and Greggs
The latest earnings season is winding down but there are still a number of major companies due to report in the week ahead. That includes chipmaker Broadcom (AVGO), whose earnings come hot on the heel's of Nvidia's results, which failed to…
How The Greggs (LSE:GRG) Investment Story Is Shifting As Price Targets And Fair Value Ease
Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Greggs has seen its central fair value estimate adjusted from £18.9…
Ocado launches ‘small steak’ in new aisle for people on weight loss jabs
Ocado has launched a “small steak” aimed at customers on weight loss jabs seeking smaller portions while maintaining a healthy nutrient-rich diet. The online grocer’s new “weight management” aisle includes products from Marks & Spencer’s n…
Is Greggs (LSE:GRG) Pricing Reflect Its Long Term Cash Flow Potential After Share Price Slump
If you are wondering whether Greggs is offering fair value at its current price, you are not alone, especially with the stock sitting around £16.36 at the last close. The share price has seen a 2.4% decline over the last week, is roughly f…
UK retailers post mixed performance amid consumer uncertainty
UK retailers have reported mixed performance to kick off the new year, as economic challenges threaten to dampen consumer activity, creating a more uncertain outlook. Shares in Primark-owner Associated British Foods (ABF.L) slumped 11% on…
Greggs boss says there is ‘no doubt’ weight loss jabs are impacting business
The boss of Greggs has said there is “no doubt” appetite-suppressing medication is having an impact on the bakery chain’s business as it introduces healthier options on its menu. Chief executive Roisin Currie said: “What we’ve been seeing…
Greggs serves up Christmas sales boost despite ‘challenging’ market
Greggs has served up stronger Christmas sales but said the food-to-go market was struggling with “subdued” consumer confidence. Shares in Greggs tumbled by about 8% on Thursday after its boss gave a bleak assessment of the economy and warn…
FTSE 100 LIVE: Stocks mixed as traders digest retail trading updates and await crucial US payroll data
The FTSE 100 (^FTSE) and European stocks were mixed on Thursday as a slew of retail heavyweights released trading updates after Christmas. Tesco (TSCO.L) reported that UK sales rose by 3.2% in the six weeks to 3 January, and by 3.9% in the…