Greggs ‘working hard’ to stop investors betting against Britain’s most-shorted stock Retail Battling to convince investors to stop shorting her bakery chain, Greggs boss Roisin Currie insisted “evolution” away from the steak bake purveyor’s key offering is the path to ever higher growth. But it is this rampant expansion which has spooked enough investors to bet against Greggs, making it the most shorted company in the UK, [...]
Greggs profit flakes as baker faces lukewarm start to year Retail Profit at Greggs is flaking away as the chain bakery faces a lukewarm 2026, with sales slowing already this year. The chain’s underlying profit before tax fell nine per cent to £171.9m in the financial year to December 2025, though total sales were up seven per cent, the bakery’s preliminary results show. The baker is [...]
Greggs shares tumble as baker gets burnt by flaky economy Retail Shares in Greggs took a tumble on Thursday morning after “disappointing” sales growth from a subdued economy left investors with little to cheer for. The chain’s total sales in the golden quarter rose 7.4 per cent as it opened 207 new shops in the last 12 months leading to a net gain of 121 new [...]
Gail’s to open 40 bakeries after creating 500 jobs December 1, 2025 Bakery chain Gail’s is to open 40 new sites by the end of February after creating almost 500 jobs during its latest financial year. The London-headquartered business said the new locations will all be open by 28 February, 2026, and it has plans to launch similar numbers “going forward”. The expansion comes after Gail’s opened [...]
Greggs: Have we finally reached ‘peak sausage roll’? July 2, 2025 Greggs share price took a battering this morning as investors shied away from the high street bakery after a disappointing sales update. While Greggs blamed the slowdown on hot weather reducing demand for steak bakes and sausage rolls, analysts have pointed to more serious underlying issues. The unexpected announcement was the latest in a string [...]
SSP: Upper Crust owner’s shares surge after profit soars May 20, 2025 Owner of Upper Crust bakery chain SSP Group grew across a number of business lines in its half-year report as revenue soared, despite some headwinds in Europe. The FTSE 250 firm recorded £45m in operating profit – up 20 per cent growth from the first six months of 2024. Shares soared nearly four per cent [...]
Pret grows globally as £1 in every £4 now spent outside the UK September 17, 2024 Pret a Manger may be a London lunchtime staple but it has made a firm push for international growth, with over a third of its stores and a quarter of its sales now in international markets. In its half-year results, the sandwich and coffee chain said its sales grew by 10 per cent year on [...]
Greggs: Bakery chain on a roll as sales up once again July 30, 2024 Greggs' total sales for the 26 weeks to June 29 reached £960m, crediting the boost in numbers to a partnership with Uber Eats and the roll-out of its evening trade plan.