Greggs shares are on fire, but can it last? May 24, 2019 | City Talk By Graeme Evans from interactive investor. After some great results, shares in fast-growing Greggs have taken just seven months to double in value. Thanks to a social media frenzy and masterclass in PR, the Greggs vegan sausage roll is now surely a thing of stock market folklore. The transformation of the Greggs (LSE:GRG) brand and [...]
Puffed up: Greggs upgrades outlook as sales rise on vegan sausage roll success May 14, 2019 Greggs’ results have puffed up so far this year, it said today, upgrading its outlook for the year. The high street baker said it expects “materially higher sales” in 2019 than previous estimates as the launch of a vegan sausage roll lit a fire under the business. Read more: Subway launches vegan sub after Greggs' [...]
Subway launches first vegan sub after Greggs vegan sausage roll success April 17, 2019 Subway has jumped on board the vegan bandwagon after Greggs' vegan sausage roll proved a runaway success with everyone from flexitarians to – gasp – meat eaters. Read more: 25 weird items people left in their Uber rides The sandwich chain's new vegan sub lands in stores today priced from £3.80, alongside a vegan-friendly salad. [...]
Best 25 stocks in the last tax year April 15, 2019 | City Talk By Graeme Evans from interactive investor. The FTSE 100 outperformed mid-caps last tax year, but the top FTSE 350 performers might surprise you. Take a look at the financial year ended on the 5th April, with the 25 top performing stocks in the FTSE 350 all producing gains of 40 per cent or more over the [...]
Sweetening the deal: Greggs’ profits rise as bakery chain hails record breaking year March 7, 2019 Greggs’ baked goods weren’t the only thing rising in 2018, as revenues broke the £1bn mark for the first time ever in a record-breaking year for the pastry-making giant. The firm, which recently drew headlines for the launch a vegan version of its flagship sausage roll, said it had recovered from a “very challenging first [...]
On a roll: Vegan sausage roll sales help Greggs seek higher profits February 19, 2019 Greggs has hailed its vegan sausage roll for driving “exception sales performance” at the start of 2019 as it told investors that full-year profit is likely to beat expectations. Read more: Cherry on the cake: Greggs shares climb as baker lifts profit outlook The bakery chain began the year with total sales up 14.1 per [...]
Cherry on the cake: Greggs shares rise as baker lifts profit outlook for third time in a year January 9, 2019 Greggs is on a roll, seeing off problems in the food sector which have hit competitors to up its profit guidance for the third time in less than a year today. The chain said it now expects 2018 profits before tax of £88m, up from predictions of £86m in November. The Newcastle-founded baker is celebrating its [...]
Yet more sugar-taxes will leave consumers with a bitter taste January 7, 2019 It's been claimed that Brexit has taken up so much political energy that the government has lost its focus on other areas of policy. But fear not – the slack is being taken up by an army of bureaucrats and campaigners who seek to exert ever more control over our lives. With relentless energy the [...]
Do not succumb to the ‘Fat Cat Friday’ outrage January 3, 2019 As if Greggs’ vegan sausage rolls hadn’t prompted enough misplaced shock and outrage for the start of a new year, you can expect more of the same this morning when campaigners declare it to be “Fat Cat Friday”. The High Pay Centre, which opposes current levels of executive remuneration, calculates that by this afternoon a [...]
Sausage roll-out: Greggs launches vegan version of pastry treat January 2, 2019 Pastry-loving vegans have cause for celebration tomorrow as Greggs the bakers rolls out a plant-based version of its most iconic snack. Vegan sausage rolls will be on sale in 950 Greggs shops from tomorrow in time for the Veganuary campaign which encourages people to cut out animal products in January. The rolls have 96 layers [...]