Greggs: Have we finally reached ‘peak sausage roll’? Retail 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 [...]
‘Sell’ Greggs shares analysts say after poor results Retail High street bakery Greggs has reported a double-digit increase in sales for 2024, taking it past the £2bn sales milestone for the first time. However, its share price fell more than eight per cent in early trades, which analysts attributed to a slowdown in sales growth. “Profits are up but it’s not the stellar performance [...]
Greggs: Sausage roll-maker passes two milestones despite ‘subdued’ footfall Retail Greggs reported a record-breaking year in 2024 as the sausage-roll maker surpassed two key milestones, but warned on headwinds in 2025 after “subdued” footfall. In an update to markets today, the high street bakery reported an 11.2 per cent uptick in total sales, which sprung the company upwards of its sales milestone of £2bn. However, [...]
Greggs reports bumper sales growth as consumers snap up iced drinks May 14, 2024 Greggs has continued to grow in the first few months of 2024.