Sausage rolls and steak bakes for everybody 
When will they do perks for the shareholders
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every 100 shares gets you a sausage roll
now that I could be down with
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Profits up 27%
Dividends up 5.1%
New shops opening
what a day to be a suasage roll invester 
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Greggs interim results
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Does anyone know why the stock dropped today?!
The only news I saw was related to some service ban to customers with headphones in south London.
Deutsch bank have downgraded the share as they feel the hike in employer ni will have a bigger impact on the leisure sector.
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Thank you! I feel like this is a overreaction. Their cash flow has not been growing as much as before, but revenues are growing nicely. They have invested quite a lot this last couple of years in infrastructure and should be getting their returns in the coming years.
Time will tell.
Are we going to talk about the 20% drop in SP in the last two days 
My fair value is around £25, but at the moment I have other opportunities to invest.
If the price drops further, I will buy a few shares.
Like-for-like growth only about 2.5%, which is quite low IMO. However there’s still room to grow by opening new shops, as can be seen from the latest trading update.
Summary of Greggs PLC Q4 Trading Update
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Sales Performance: In FY24, Greggs reported total sales of £2,014 million, representing a 11.3% increase from the previous year. The company’s like-for-like (LFL) sales increased by 5.5%. In Q4 specifically, sales grew by 7.7%, though LFL sales were up only 2.5%, indicative of subdued High Street footfall.
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Expansion and Growth: A record 226 new shops were opened in the year, leading to a total of 2,618 trading shops (including 2,057 company-managed). The Company set a target of 140 to 150 net new shop openings for 2025, continuing its growth momentum in new locations.
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Supply Chain Developments: Progress is on track for enhancing supply chain capacity with planning approval secured for a National Distribution Centre in Kettering and ongoing construction for a new frozen product facility in Derby, expected to open in 2026.
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Financial Position: Year-end cash position stood at £125 million (down from £195 million in 2023), reflecting strategic investments. The company’s outlook for the full year remains in line with expectations despite challenges from lower consumer confidence affecting foot traffic.
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CEO Insights: Roisin Currie highlighted achievements in expanding shop numbers and performing well amid a challenging market. Greggs intends to continue investing in both menu expansion and digital capabilities while managing costs effectively.
This update reflects Greggs’ strong market positioning and potential for longer-term growth despite current economic headwinds.
- Summary generated by FinDL. Access original document
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This seems oversold?
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