Greggs news and analysis – Page 6
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NewsCity News: Greggs reassures market after it raises prices
The threat of soaring inflation and its effects on consumer spending have weighed on Greggs shares all year, but the chain reassured the market this week that price hikes were not putting customers off their sausage rolls
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Comment & OpinionIs the cost of living crisis good news for Greggs and its value-led proposition?
Will shoppers trade down to Greggs or will its target audience actually be worse affected?
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NewsFormer Tesco boss Matt Davies to become Greggs chairman
Davies has already joined the board as an independent non-executive director and will take over from current chair Ian Durant on 1 November
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NewsCity Snapshot: Greggs reports surging sales but profits fall flat amid rising costs
Greggs has reported a 27.1% jump in first half sales, but profits remained stagnant due to the reintroduction of business rates, VAT and mounting costs. Plus, trading updates from AG Barr, Domino’s Pizza Group and Devro.
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Analysis & FeaturesShare price slump: who has struggled the most in food and drink?
It’s been a turbulent six months on the Stock Exchange. So who’s struggled the most? Who’s least affected? And is there any stock actually still growing?
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NewsAscona Group opens its first Greggs concession
Planning permission is underway for the second Greggs concession to be introduced to its at Holywell Service Station
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NewsCity Snapshot: Greggs recovery continues but cost pressures set to increase
A recovery at Greggs has continued in the first quarter as like-for-like sales jumped 27.4% but the high street bakery chain warned of increasing cost pressures.
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News‘Dangerously high’ levels of sugar in on-the-go sweet snacks slammed
Reducing sugar consumption to recommended intakes could ‘save the NHS £500m annually’, a new report from Action on Sugar claims
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Analysis & FeaturesThe 10 most powerful women in food, drink and grocery
The food industry is making some impressive leaps on gender equality – but some backwards steps too. Meet the women leaders across industry and government who are keen to keep smashing grocery’s glass ceilings
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NewsCity News: Greggs reports record sales but looming price rises spook investors
The tills started ringing once again last year at food-to-go stalwart Greggs, but investors wary of soaring inflation
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NewsCity snapshot: Greggs bounces back to profit but warns over soaring costs
A busy warning sees return to strong growth, but warn over costs, retail data from , - and Barclaycard, and annual results from and Domino’s Pizza Group.
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Comment & OpinionWhy Greggs’ collaboration with Primark is a masterclass in brand marketing
The publicity gained by the stunt demonstrates the effectiveness of a tried-and-tested PR strategy: pushing an unlikely combo
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NewsPositive signs for festive retail as Greggs and B&M hike profits expectations
There were positive signs for the retail sector in the first Christmas trading updates of the season on Thursday, after both Greggs and B&M European Value Retail hiked profits expectations after strong festive showings
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NewsGreggs chief becomes latest to disagree with Iceland boss’s call on isolation
’I don’t feel I’m in a position to call for isolation periods to be shortened,’ Greggs CEO Roger Whiteside told The Grocer
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Analysis & FeaturesFood & drink in the stock market: who’s up and who’s down?
Covid, Brexit, labour shortages – plcs have had plenty to contend with. So how have stocks fared amid the turmoil?
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NewsCity snapshot: Greggs’ CEO Whiteside to retire as it upgrades profit guidance
Food to go and bakery giant Greggs has lifted full year earnings expectations despite “tough trading conditions” as it announces the retirement of long-time CEO Roger Whiteside. Plus, upgrades from retailers B&M and Next though Christmas footfall disappoints.
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NewsCity News: Greggs back in profitability but rising costs worry investors
High street stalwart Greggs roared back to growth and profitability in the first half of 2021, but the looming spectre of rising costs dented investor confidence this week
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Comment & OpinionGreggs is back in profit, but rising costs are a dampener on celebrations
Greggs became the latest food company to point to rising costs as a major threat to profitability
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NewsCity snapshot: Greggs to create 500 jobs as first half sales and profits rebound
Greggs has bounced back to first half profitability as sales recovered due to the relaxation of coronavirus restrictions
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NewsCity Snapshot: Greggs sales recovery continues at stronger-than-expected pace
Greggs has continued to see customers flooding back to its stores in greater than expected numbers since the relaxing of coronavirus restrictions, the high street bakery chain said in an unscheduled trading update. Plus, Coca-Cola HBC acquires minority stake in premium Italian coffee company Caffè Vergnano.