Just wondering if the recent fall in Greggs has been overdone. Being based in the north-east,they still maintain market superiority. Some of the staff I have spoken to seem to be getting all the overime they can handle and one of the major local rivals, Peters (70 stores in the area), has been closed for the last few days due to a fire at their distribution centre.

Any thoughts welcome

Greggs seems to be doing well in West of Scotland judging by the ques outside at lunchtime and the number paper pokes you see scattered in the streets bearing their name.

Seem very busy in Leeds too. Will happily visit in the name of research (bite, chomp)

Anyone trading this one these days?

They seem to move up and down often for no apparent reason.

TTT

Not in on these but about a year ago they appear to have changed the set up of a lot of the shops so all the sandwiches are not only pre-made but pre-packed and set up for the customer to help themselves. Also the shops are now completely tiny (assuming lower rates). As for the west of scotland (mentioned in earlier post) my comments above are mainly based on that tiny shop at the top of Buchanan St in Glasgow. never seen it quiet yet. Most the queuing is done in the street. Good business model if you ask me.

Thanks for your reply CM,

A fairly reliable outfit In general it would seem, but good job I didn't buy yesterday as they are still falling today (50p when I last looked).

I shall watch It with Interest.

SP now on It's way back after the recent drop by the looks of things.

Looks like a good buy to me [as are the Hot Sausage Rolls]
Rob 27/3/06

Greggs popped up on my share screener, based on the strong historical revenue/ profit/divident trends, net cash and the low p/e. A solid performer and possibly a take-over target for someone looking for a strong retail platform to 'up-date' the Greggs food offering?

Just looked at their chart, Bl***y hell these have bounced back well.

stan, bounced back on the back of restructuring announcement and has kept going

Thanks Fundy, missed a whole lot of info this summer.

Its not one i follow closely Stan but was looking to short it earlier in the year but missed the boat but it still sits in one of watchlists. not sure how much further it can go at least not without a short term pull back

I bought into these earlier in the week - latest Trading Statement - from the 13th.

PRELIMINARY RESULTS FOR THE 53 WEEKS ENDED 2 JANUARY 2010



Pre-tax profit up 8.0% to 48.8m (2008*: 45.2m)

Sales up 4.8% to 658m: like-for-like sales up 0.8%

Diluted earnings per share up 11.1% to 34.0p (2008*: 30.6p)

Dividend per share up 11.4% to 16.6p: 25th consecutive year of dividend growth

Completed programme to create a simpler and more focused business

Created single brand and harmonised product ranges across UK

Beginning programme of accelerated expansion: 50 - 60 net new shops in 2010

Just me then!

not really .... i don't hold these, but i certainly saw at least one positive article about this bakery group several weeks ago ..... too late now? - hard to tell

I've sold half my holding @486

I bought about 7mths ago doing nicely now......will they keep going up ???????????

I bought about 7mths ago doing nicely now......will they keep going up ???????????

I bought about 7mths ago doing nicely now......will they keep going up ???????????

I bought about 7mths ago doing nicely now......will they keep going up ???????????

I bought about 7mths ago doing nicely now......will they keep going up ???????????

Interim Mangement Statement.

CONTINUED RESILIENT PERFORMANCE


The Chairman, Derek Netherton, will deliver the following Interim Management Statement to shareholders at the Annual General Meeting to be held in Newcastle upon Tyne later this morning.


"I am pleased with our year to date performance in a trading environment that remains challenging. For the 18 weeks to 8 May 2010, total sales increased by 2.6 per cent and like-for-like sales by 0.6 per cent, consistent with our expectations of marginally positive like-for-like sales growth over the year. This has been achieved against our strongest period of like-for-like sales in 2009. Overall costs to date are in line with our plans.

Hopefully this explains the large volume last week and should bring some upward movement. NOTIFICATION OF MAJOR INTEREST IN SHARES

INTERIM RESULTS - Expansion plans on track


RNS Number : 7980Q
Greggs PLC
10 August 2010

GREGGS plc
INTERIM RESULTS FOR THE 26 WEEKS ENDED 3 JULY 2010

Greggs is the leading bakery retailer in the UK,
with over 1,400 retail outlets throughout the country,
serving freshly baked products to six million customers each week

EXPANSION PLANS ON TRACK

� Sales up 2.9% to GBP321m (2009: GBP312m); like-for-like sales up 0.7%
� Operating profit up 13.1% to GBP18.5m (2009: GBP16.3m)
� Pre-tax profit up 12.3% to GBP18.6m (2009: GBP16.5m)
� Underlying operating profit up 4%
� Interim dividend increased 5.8% to record 5.5p per share
� Diluted earnings per share up 12.4% to 12.7p (2009: 11.3p)
� Net cash of GBP24.6m (2009: GBP14.9m) after GBP4.5m share buyback
� 26 new shops opened: net increase of 18 in half year

Interim Management Statement.

Greggs continues to make good progress and has delivered sales growth in the current financial year to date, despite an increasingly challenging trading environment. Total sales for the 39 weeks ended 2 October 2010 increased by 2.6 per cent, including like-for-like growth of 0.5 per cent. In the third quarter (13 weeks to 2 October 2010) total sales grew by 2.1 per cent, including a like-for-like sales increase of 0.2 per cent.

Quite a fall off since the start of the year - trading update on Wednesday!

CHRISTMAS AND NEW YEAR TRADING UPDATE


RECORD CHRISTMAS WEEK



Highlights

Christmas trading period* - total sales up 3.5%, like-for-like sales up 0.6%


Financial year 2010** - total sales up 2.2%, like-for-like sales up 0.2%


Record shop opening programme adding 68 net new shops during the year




* five weeks ending 8 January 2011 which includes the comparable bank holidays in 2009/10

** 52 weeks ending 1 January 2011 compared with the equivalent 52 weeks of the 53-week financial year in 2009

Preliminary Results.

ANOTHER YEAR OF GOOD PROGRESS



Record pre-tax profit: up 7.9% to 52.5m (2009: 48.8m)

Sales up 2.1%* to 662m: like-for-like sales up 0.2%

Record numbers of new shop openings and refits: net addition of 68 new shops

Diluted earnings per share up 9.7% to 37.3p (2009: 34.0p)

Dividend per share up 9.6% to 18.2p: 26th consecutive year of dividend growth

Maybe looking a bit topy? - 534 is the 12 month high.

GREGGS PLC - INTERIM RESULTS - SALES UP 4.2% - shares currently down 11%.

Interim Results.

Sales up 4.2% to 335m (2010: 321m)

Like-for-like sales up 0.4%

Operating profit excluding exceptional items down 1.2m to 17.3m (2010: 18.5m)

Underlying operating profit* up 0.8m to 19.3m before 2m impact of additional public holidays

39 net new shops opened, on track for net 80 during year

Construction of two new bakeries completed on time and on budget

Dividend per share up 5.5% to 5.8p: 27th consecutive year of dividend growth

someone left the buns in the oven too long, that's all

Interim Management Statement.


RESILIENT PERFORMANCE

Third quarter total sales up 5.4%, like-for-like sales up 0.8%

Year to date total sales up 4.6%, like-for-like sales up 0.6%

Net 53 new shops opened year to date; on track for record 80 net new openings

Two new bakeries operational following 21m investment

RNS Number : 3407V

Greggs PLC

11 January 2012

GREGGS plc

CHRISTMAS AND NEW YEAR TRADING UPDATE

Greggs is the leading bakery retailer in the UK,
with over 1,550 retail outlets throughout the country,
serving freshly baked products to six million customers each week

EXCELLENT CHRISTMAS DESPITE TOUGH TRADING CONDITIONS


-- Christmas and New Year trading period* total sales up 10.8%,
like-for-like sales up 5.1%
-- Financial year 2011** total sales up 5.8%, like-for-like
sales up 1.4%
-- Record shop opening programme, adding 84 net new shops during
2011
-- On track to deliver 2011 results in line with expectations
*

* five weeks ending 7 January 2012

** 52 weeks ending 31 December 2011

Chief Executive Ken McMeikan comments:

An excellent Christmas boosted our sales performance at the end of a tough year for high streets. For the five week Christmas and New Year trading period ending 7 January 2012, total sales grew by 10.8 per cent and like-for-like sales by 5.1 per cent.

Highlights during the Christmas period included record sales of our award-winning sweet mince pies with more than seven and a half million sold since the launch of our seasonal range, a 27 per cent increase in sales of Festive Bakes and coffee sales up 21 per cent.

For our financial year as a whole (52 weeks ending 31 December 2011) total sales grew by 5.8 per cent and like-for-like sales by 1.4 per cent.

The level of cost inflation in food ingredients began to ease towards the end of the year in line with our forecasts. Rising food and energy costs have been a feature of 2011 but to reduce the impact on customers we have continued to invest in promotional activity in order to maintain our value position in what has remained a very competitive market. Despite these pressures, we anticipate that we will report full year results in line with expectations when we make our preliminary announcement on 14 March 2012.

During the year we opened a record 98 new shops and delivered a net increase of 84, after 14 closures, to give us a total of 1,571 shops at 31 December 2011. We also completed 170 shop refurbishments. Our continued expansion created some 800 new jobs, lifting our total employee numbers above 20,000 for the first time.

We anticipate that the tough trading environment will continue during 2012, with consumers' disposable incomes remaining under pressure. We will therefore continue to focus on maximising our customer appeal through product innovation and strong promotional activity, building on Greggs' already excellent reputation for value.

We expect another year of marginally positive like-for-like sales growth in 2012 while total sales will benefit from the opening of around 90 net new shops, creating a further 800 new retail jobs and making Greggs even more accessible to customers across the UK.

Ding dong!

Preliminary Results.



· Sales up 5.8% to £701m

· Like-for-like sales up 1.4%

· Pre-tax profit* up 1.1% to £53.1m

· Diluted earnings per share* up 4.0% to 38.8p

· Dividend per share up 6.0% to 19.3p: 27th consecutive year of dividend growth

· Record numbers of new shop openings: net addition of 84 new shops

· £21 million investment in two new bakeries completed on time and within budget

* before exceptional items: 2011 pre-tax credit £7.4m (2010: nil)

Take your pick :-

Liberum Capital reiterates it's Sell TP 538.75p

Shore Capital reiterates it's Buy TP 538.75p

Liberum Capital reiterates it's Sell TP 538.75p

N+1 Brewin Downgrades to Hold TP 570.00p

Looks OK to me. Compounding effect of dividends very powerful - if you can wait 27 years!

Up today - trading statement tomorrow.

Interim Management Statement.

NEW SHOPS DRIVE SALES GROWTH IN TOUGH MARKET

· Total sales in first 19 weeks up 4.3%

· Like-for-like sales down 1.8%

· Net 20 new shops opened and 42 refits completed

· Wholesaling expanded with eight new frozen take-home products

· Second "Greggs moment" coffee shop opened

"Pasty Tax" effect - extended auction.

Interim Results

NEW SHOPS AND NEW CHANNELS DRIVE SALES GROWTH

· Sales up 4.5% to £350m (2011: £335m): like-for-like sales down 2.3%
· Pre-tax profit down £0.8m to £16.5m (2011: £17.3m*)
· Dividend per share up 3.4% to 6.0p (2011: 5.8p)
· 33 net new shops opened, on track for net 90 during year
· Sales through Iceland Foods exceeding expectations
· Motorway services shops to expand to 30 Moto sites creating an additional 500 jobs

Greggs' healthy lift from Olympics


It may not be the healthiest of snacks, but visitors to the Olympic park can't get enough of pasties and savouries from Greggs, the UK's biggest High Street baker.

Takings at its Westfield Stratford store smashed the company's sales records last week despite restricted numbers at the shopping mall last weekend.

Shops close to the Olympics venues are seeing business boom by up to 80 per cent. Sales across London are 10 per cent up.

Interim Management Statement

· Total sales up 5.9% for the 14 weeks to 6 October 2012

· New channels contributing 3.5% to total sales growth

· Like-for-like sales down 2.6%

· 'Bake at home' sales through Iceland continue to perform strongly

· New motorway services shops opened in partnership with Moto

· Net 70 new shops opened year to date, ahead of expectations

Board changes not going down too well.

12 month low 451p June 2012.

2 year chart.

Christmas and New Year Trading Update

RESILIENT CHRISTMAS PERFORMANCE - TOTAL SALES UP 4.3%

Christmas and New Year trading period*

· Total sales up 4.3%

· New wholesale and franchising revenues contributed 3.0% to total growth

· Like-for-like sales down 2.9% against strong 2011 comparatives (2011: up 5.1%)

Financial year 2012**

· Total sales up 4.8%

· New wholesale and franchising revenues contributed 2.8% to total growth

· Like-for-like sales down 2.7%

· Record shop opening programme added 100 net new shops

· Full year results anticipated to be broadly in line with expectations

*5 weeks ending 5 January 2013 (2011: 5 weeks ending 7 January 2012)
**52 weeks ending 29 December 2012

Norges Bank > 3%

Final Results Wed 20th.

Canaccord Genuity Hold 518.00 518.00 380.00 485.00 Upgrades

Preliminary Results

SALES UP 4.8%, DRIVEN BY NEW SHOP OPENINGS AND WHOLESALE

· Total sales up 4.8% to £735m

· 100 net new shops opened

· Wholesale and franchise sales contributed 2.8% points to sales growth

· Like-for-like sales down 2.7%

· Pre-tax profit* down 2.2% to £51.9m

· Diluted earnings per share* up 0.5% to 39.0p

· Dividend per share up 1.0% to 19.5p

* before exceptional items: 2012 pre-tax credit £1.4m (2011: pre-tax credit £7.4m)

Oriel Securities Sell 525.50 523.50 400.00 400.00 Reiterates

Liberum Capital Sell 525.50 523.50 - 435.00 Reiterates

N+1 Singer Corporate 525.50 523.50 - - Reiterates

I'm not quite sure what the last one means.

Bang on the 150ma atm.

Interim Management Statement


· Total sales in the 17 weeks to 27 April 2013 up 3.0%

· Wholesale and franchise sales contributed 2.9% to overall sales growth

· Own shop like-for-like sales in the first 17 weeks down 4.4%

· Improved trend in latest two weeks: like-for-like sales down 1.5%

· 10 net new shops opened and 59 refits completed

Liberum Capital can't seem to make their mind up today!

Espirito Santo Execution Noble Neutral 428.35 450.00 450.00 Reiterates

Liberum Capital Sell 428.35 418.00 406.00 Reiterates

N+1 Singer Corporate 428.35 - - Reiterates

Liberum Capital Sell 428.35 418.00 418.00 Reiterates

Canaccord Genuity Sell 424.75 462.50 485.00 380.00 Downgrades

Interim results next tuesday 6th August. Wee bit short on volume yet, but worth a punt on a spread bet. Long @ 433.0 tight stop.

Nice bullish hammer on the chart Chris.

If it breaks at 440 into the gap, could be a lovely trade set up here. Waiting first for non farm pay rolls tomorrow in US.

Friday :-)

Sausage rolls all round if it breaks resistance @ 440.0 :O)

SUGAR its turned blue as that candle. DRAT.

That's 440.0 breached, volume still a bit worrying. Stop to entry for risk free trade.

Itl be sausage rolls alround Chris just you watch.

Hey them flat cornish pasties are brilliant. Get some mushy peas and a bit of that chip shop curry on and a thick wedge of bread and your away. Lovely.

Aye gf, fingers crossed mate, never bought as much as a cup of coffee from them to be honest. There are six of them in Aberdeen, never seen one empty. Just trading the chart.

I always think class Chris, same as M@S, Waitrose, Laura Ashley......etc etc.

Extra large mushy peas if we do well on results day.

BLOODY HOT TONIGHT.

Sadly at the moment mam chart only covers last 10 years. If you look at skinnys chart post 33 on 19.05.11 chart goes back to 1990 and imo gives a better view of actual trend to date.

This one ?

Thanks skinny, how did you get that up, i'm hopeless? :O)

Chris - edit the html to change the number of years.

Right, cheers skinny.

Interim Results

GREGGS TO RESHAPE BUSINESS FOR FUTURE GROWTH

Financial highlights:
· Total Group sales up 3.4% to £362m (2012: £350m)
· Like-for-like own shop sales down 2.9% resulting in pre-tax profit down £4.6m to £11.4m (2012: £16.0m*)
· Net cash generated from operating activities £24.7m (2012: £14.2m)
· Dividend per share 6.0p (2012: 6.0p)
· 90 shop refits (2012: 64); expect 220-240 during year as a whole
· 19 net new shops opened; expect net 20-30 during year as a whole

* 2012 figures restated to reflect the adoption of IAS19 (revised)

Strategy update:
· Priority to return core business to like-for-like growth by focusing on products and services for the 'food on the go' customer
· 'Food on the go' market is £6 billion** and growing
· Improve the quality of our existing estate:
- Increased rate of shop relocations
- Accelerated refit programme with one 'Bakery food on the go' shop format
- Limited net shop additions for 2-3 years
· Further growth of franchise operations
· Driving efficiency and capacity from existing supply chain network
· Significant investment in processes and systems
· Building the platform for long term sustainable profit growth

** Allegra

Yep was kind of worried the hot weather might impact sales and profits.

Hope Chris hasnt been hit too hard.

Im holding Thorntons and Im a bit worried sales are going to be hit their with the warm weather.

No I got out yeterday mate, was trading the chart. Looked quite promising initially.

Interim Management Statement

IMPROVED TRADING IN LINE WITH EXPECTATIONS


· Total sales up 3.6% for the 13 weeks to 28 September 2013, like-for-like sales down 0.5%

· Year to date total sales up 3.5%, like-for-like sales down 2.1%

· Estate improvement programme on track: 141 shop refits completed year to date; on track for record 215 refits in full year

· Re-shaping of estate ahead of plan: now expect no increase in net shop numbers as openings match closures

Up 4.1% today

TS 9th January.

Trading Update

IMPROVED TRADING AND PROGRESS WITH STRATEGIC PLAN

Christmas and New Year trading period*
· Total sales up 4.8%
· Like-for-like sales** up 3.1% (2012: down 2.9%)

Financial year 2013***
· Total sales up 3.8%, like for like sales down 0.8%
· Q4 like-for-like sales up 2.6%
· Estate improvement - record 216 shop refits in the year; overall shop number unchanged with 68 openings and closures
· Full year results anticipated to be in line with our previous expectations

*
5 weeks ending 4 January 2014 (2012: 5 weeks ending 5 January 2013).
**
Own shop like-for-like sales from those shops with a full year's trading. Excludes franchise and wholesale sales.
***
52 weeks ending 28 December 2013.

Looking strong on volume.

Preliminary Results

Financial summary
· Total sales up 3.8% to £762.4 million

· Full year like-for-like sales down 0.8%

· Improving trend of like-for-like sales**, with H2 up 1.2% and Q4 up 2.6%

· Pre-tax profit* before exceptional items down 18.9% to £41.3 million

· Diluted earnings per share* before exceptional items down 20.1% to 30.6 pence

· Dividend per share maintained at 19.5p

* before exceptional pre-tax charge of £8.1m (2012: exceptional pre-tax credit of £1.4m)
** like-for-like sales in own shops (excluding franchises) with a full year's trading history

Operational summary
· New strategic focus centred on the growing food-on-the-go market

· Record 216 shop refits in the year

· Overall shop numbers unchanged with 68 openings and closures

· 70% of 2013 new shop openings in locations other than high streets

· 1,671 shops trading at 28 December 2013 including 25 franchised units

"2013 was a year of transition for Greggs as our new strategic focus centred on the growing food-on-the-go market. Whilst total sales for the year rose 3.8% like-for-like sales were down 0.8% reflecting the tough and competitive trading conditions. However, I am encouraged by the improvement in performance in recent months as our new strategic focus started to deliver benefits.

Market conditions are expected to remain challenging in 2014. It will be a year of further change for Greggs as we move forward with our plan to focus on the food-on-the-go market and build on positive recent trading momentum."

- Roger Whiteside, Chief Executive

Interim Management Statement

Good trading year to date

· Total sales in the 17 weeks to 26 April 2014 up 4.0%

· Own shop like-for-like sales in the first 17 weeks up 3.7% (2013: 4.4% decline)

· 66 refits completed

· 20 new shops opened, 28 closures

· Input cost inflation below expectations

· Property gains on disposal £1.4 million (2013 £0.2 million)

Trading performance

Trading so far this year has been good, continuing the trend seen in the final quarter of 2013. Our total sales for the 17 weeks to 26 April 2014 grew by 4.0 per cent. Like-for-like sales in our own shops grew by 3.7 per cent over the same period.

Our year-on-year performance is in part benefiting from comparison with a period of weak trading in 2013 when like-for-like sales for the first 17 weeks declined by 4.4 per cent, impacted by snow in January and March 2013. In line with our strategy sales growth is also being driven by improved availability of our freshly made sandwiches, longer trading hours and product upgrades such as our improved coffee blend, which is benefiting from inclusion within our popular promotional meal deals. Greggs Rewards, our new mobile loyalty scheme, has started well and continues to build momentum.

Cost control has been strong in the year to date and input cost inflation has been lower than we have experienced in recent years. As a result there has been some benefit to margin in the period. The business remains highly cash-generative and maintains a strong balance sheet position.

Shops

During the first 17 weeks we completed 66 shop refurbishments in our 'bakery food-on-the-go' format, in line with our plan to refit around 200 shops during 2014. These are performing well and the contemporary new look and feel, along with additional facilities such as seating, is being well received by both customers and staff.

We also opened 20 new shops, including 11 franchised units in transport locations. We closed 28 shops, giving a total of 1,663 shops trading at 26 April. As a consequence of our accelerated closure programme we have disposed of a number of freehold properties in the year to date. This has realised property profits of £1.4million (2013 £0.2 million).

Organisational Change

We have completed the formal consultation period in respect of our proposals to close 79 in-store bakeries and improve our operational effectiveness in support areas. The agreed changes in support areas are complete and new structures are in place. The closure of in-store bakeries is on-going and we anticipate that the majority of these will be completed by the end of this year.

Outlook

Market conditions remain highly competitive but we are encouraged by the performance in the year to date. We have delivered continuing improvement in like-for-like sales, albeit against the weak comparatives of last year, and strong cost control. We have also benefited from property disposal profits and lower than expected input cost inflation. As a result, we expect to deliver a good first half outcome.

The second half is likely to be more challenging as we come up against relatively stronger sales comparables and likely cost inflation. Overall we expect to deliver satisfactory financial results for the year and good further strategic progress.

Half Year Trading Statement

Good trading year to date

· Total sales in the 26 weeks to 28 June 2014 up 3.1%

· Own shop like-for-like sales in the first 26 weeks up 3.2% (2013: 2.9% decline)

· 131 refits completed

· 26 new shops opened, 36 closures

· Property gains on disposal of £1.4 million (2013: £0.2 million)

· Good cost control

Trading performance

We have continued to trade well through the first half of the year. Our total sales for the 26 weeks to 28 June 2014 grew by 3.1 per cent. Like-for-like sales in our own shops grew by 3.2 per cent over the same period.

Whilst our year-on-year performance has benefitted from comparison with a period of weak trading in 2013, sales growth is also being driven by initiatives that have further improved our products, availability, service and value.

During the first 26 weeks we completed 131 shop refurbishments, in line with our plan to refit around 200 shops during 2014. We also opened 26 new shops and closed 36 shops, giving a total of 1,661 shops trading at 28 June. We expect shop numbers for the year as a whole to be broadly flat.

As previously reported we have disposed of a number of surplus freehold properties in the year to date realising property profits of £1.4million (2013: £0.2 million).

Given the encouraging trading performance in the first half of the year, along with good cost control and the benefit of property disposal profits, we expect to show operating profits of around £16-17 million when we report our interim results on 30 July 2014 (2013: £11.5 million).

Outlook

Sales comparables strengthen in the second half although the risk of further input cost inflation appears to be reducing. Overall, we expect to deliver an improved financial result for the year and further progress against our strategic plan.

Above £5.50 @all time high @565p

Interim Results

Financial highlights
· Total sales up 3.1% to £373m (2013: £362m)
· Own shop like-for-like sales up 3.2% (2013: 2.9% decline)
· Property gains on disposal of £1.4m (2013: £0.2m)
· Pre-tax profit £16.9m (2013: £11.4m) excluding exceptional items
· Continued strong cash generation
· Dividend per share maintained at 6.0p (2013: 6.0p)

Operational highlights
· Favourable trading conditions
· Encouraging results from sales initiatives:
- New coffee blend well received
- Improved sandwich range, including greater choice below 400 calories
· 131 refits completed
· 26 new shops opened, 36 closures
· 1,661 shops trading at 28 June
· Shop refurbishment programme progressing well
· Benefiting from efficiencies of change programme

Interim Management Statement

Continued strong performance into the second half


· Own shop like-for-like sales up 5.4% for the 11 weeks to 13 September (2013: 1.0% decline)
· Year to date own shop like-for-like sales up 3.9%
· Total sales growth 3.5% year to date (2013: 3.4%)
· 153 refits completed
· 32 new shops opened, 43 closures
· Further margin benefits from commodity deflation
· Excellent cost control
· Faster progress with structural efficiency initiatives

Trading Update

TRADING UPDATE
FOR THE 24 WEEKS TO 13 DECEMBER 2014

Greggs is the leading bakery food-on-the-go retailer in the UK,
with almost 1,700 retail outlets throughout the country

Continued strong performance in the second half to date


· Own shop like-for-like sales up 5.2% for the 24 weeks to 13 December (2013: 0.7%)
· Year to date own shop like-for-like sales up 4.2% (same period 2013: 1.1% decline)
· Total sales growth 3.6% year to date (2013: 3.7%)
· LFL performance ahead of expectations, particularly given comparison with strong Q4 2013
· Customers continue to respond well to products, value, service and investment in shops
· Favourable trading environment with weather generally helpful
· Now anticipate full year profits for the 53 weeks* to 3 January 2015 to be ahead of analysts' expectations

* anticipated negative profit impact of 53rd week circa £1.3m compared with a 52 week year

15 December 2014

GREGGS plc
TRADING UPDATE
FOR THE 24 WEEKS TO 13 DECEMBER 2014

Greggs is the leading bakery food-on-the-go retailer in the UK,
with almost 1,700 retail outlets throughout the country

Continued strong performance in the second half to date


· Own shop like-for-like sales up 5.2% for the 24 weeks to 13 December (2013: 0.7%)
· Year to date own shop like-for-like sales up 4.2% (same period 2013: 1.1% decline)
· Total sales growth 3.6% year to date (2013: 3.7%)
· LFL performance ahead of expectations, particularly given comparison with strong Q4 2013
· Customers continue to respond well to products, value, service and investment in shops
· Favourable trading environment with weather generally helpful
· Now anticipate full year profits for the 53 weeks* to 3 January 2015 to be ahead of analysts' expectations

* anticipated negative profit impact of 53rd week circa £1.3m compared with a 52 week year

Chief Executive Roger Whiteside comments:

"The strong performance that we reported in our September IMS has continued. Trading conditions have remained helpful but there is no doubt that customers are also responding to improvements in our product and service offer and to the investment we are making in the shop environment.

"Whilst there is still much to play for over the final few weeks of the year we currently anticipate that full year profits will be ahead of analysts' expectations. We expect to make a further update on trading over the Christmas period in early January."


ENQUIRIES:

Greggs plc
Hudson Sandler
Roger Whiteside, Chief Executive
Wendy Baker
Richard Hutton, Finance Director
Tel: 020 7796 4133
Tel:
0191 281 7721

Greggs plc, the leading bakery food-on-the-go retailer in the UK, will be announcing a trading update on Tuesday 13 January 2015.

GRG Greggs On the verge of a breakout from the short term range and a new high. Results on the 13th next week.

Trading Update

Greggs is the leading bakery food-on-the-go retailer in the UK,
with 1,650 retail outlets throughout the country

Very strong finish to the financial year


Christmas trading
· December* own shop like-for-like sales up 8.2% (2013 comparable period up 3.1%)
· Very strong Christmas trading focused on serving the food-on-the-go customer

Financial year 2014**
· Total sales up 5.5%, own shop like-for-like sales up 4.5%
· Fourth quarter own shop like-for-like sales up 6.0%
· Estate improvement programme - 213 shop refurbishments completed in the year
· 50 new shop openings (including 20 with franchise partners), 71 closures
· 1,650 shops trading as at 3 January 2015
· Full year results anticipated to be above previous expectations

* Five week period ended 3 January 2015
** 53 weeks ended 3 January 2015 (total sales growth compares with 52 weeks in 2013)

more...

Well done to holders here!

Preliminary Results

A YEAR OF EXCEPTIONAL PROGRESS

Financial highlights
· Total sales up 5.5% to £804.0m (2013: £762.4m)
· Own shop like-for-like sales* up 4.5% (2013: 0.8% decline)
· Property gains on disposal of £1.5m (2013: £1.3m)
· Pre-tax profit excluding exceptional items** up 41.1% to £58.3m (2013: £41.3m)
· Excellent returns on capital invested
· Continued strong cash generation, resuming buyback programme
· Dividend per share up 12.8% to 22.0p (2013: 19.5p)

* like-for-like sales in own shops (excluding franchises) with a full year's trading history
** before exceptional pre-tax charge of £8.5m (2013: exceptional pre-tax charge of £8.1m)

Operational highlights
· Food-on-the-go focus delivering growth
· Upgraded coffee sales now c.£1 million per week
· Strong growth from 'Balanced Choice' range
· Growing customer participation in value deals
· Much improved market conditions
· 213 shop refits completed in the year
· 50 new shops opened, 71 closures
· 1,650 shops trading at 3 January
· Initial benefits of change programme delivered ahead of schedule


"2014 was a year of significant change and an exceptional step up in performance for Greggs as we began to implement our new strategic plan centred on the growing food-on-the-go market. We have improved both our food offer and the shop experience for customers. Market conditions have been more favourable and like-for-like sales have grown throughout the year. This has resulted in record underlying profits for the financial year. Overall we are confident of delivering a further year of good growth and progress against our strategic plan in 2015."

- Roger Whiteside, Chief Executive

Berenberg Sell 1,020.00 1,020.00 - 820.00 Initiates/Starts

Greggs: The baker that is stopping selling loaves

Canaccord Genuity 15/05 Reiterates Buy 1,350.00p

Another new high!

Interim Management Statement - 29th July 2015

Inteirm Results

A STRONG FIRST HALF

Financial highlights
· Total sales up 6.4% to £398m (2014: £374m*)
· Own shop like-for-like sales up 5.9% (2014: 3.2%)
· Prior year restructuring benefits contributed £2.4m year-on-year
· Pre-tax profit £25.6m (2014: £16.9m excluding exceptional items)
· Diluted earnings per share 19.5p (2014: 12.5p)
· Continued strong cash generation
· Ordinary interim dividend per share of 7.4p (2014: 6.0p)
· Special dividend of 20.0p paid on 17 July 2015

Operational highlights
· Continued growth in average transaction value and customer visits
· Good results from sales initiatives:
- extension of "Balanced Choice" range
- further growth in breakfast sales
· Shop refurbishment programme progressing well:
- 118 refits and 12 café conversions completed
· Return to net shop growth (44 new shops opened, 30 closures)
· 1,664 shops trading at 4 July 2015
· Further efficiencies from change programme

i have never bought into this one, but perhaps not too late now
the company certainly looks to have found focus and a good touch and is now consistently bringing in the results ...... a bit like DOM which i have held for quite a long time

Greggs the baker reported a healthy 5.2% rise in sales for the 52 weeks to 2 January 2015 and said it expected full year results to be in line with expectations. The company said statutory total sales for the 52 weeks of 2015 up 3.7% against a 53 week year in 2014.

Canaccord Genuity Buy 1,066.50 1,350.00 1,325.00 Reiterates

crikey!
these sure fell out of bed this morning, so i don't knowm what the market was expecting

Preliminary Results

PRELIMINARY RESULTS FOR THE 52 WEEKS ENDED 2 JANUARY 2016

Greggs is the leading bakery food-on-the-go retailer in the UK,
with 1,700 retail outlets throughout the country

EXCELLENT OPERATIONAL AND FINANCIAL PERFORMANCE

2015 Financial highlights
· Total sales up 5.2% to £835.7m (excluding 53rd week in 2014)
· Company-managed shop like-for-like sales* up 4.7% (2014: 4.5%)
· Pre-tax profit excluding exceptional items** up 25.4% to £73.0 m (2014: £58.3m)
· Strong cash generation supported capital investment and £20m special dividend
· Total ordinary dividend per share up 30.0% to 28.6p (2014: 22.0p)

* like-for-like sales in Company-managed shops (excluding franchises) with a full year's trading history
** before exceptional pre-tax charge of £8.5m in 2014

Strategic progress
· Growth driven by our strategy to focus on the growing food-on-the-go market

· Further improvements to product range launched, including 'heat-to-eat' sandwich range and extended breakfast menu

· 'Balanced Choice' range of healthier options now accounts for 10% of total sales

· 202 shop refurbishments plus 20 café conversions

· 122 new shops opened, 74 closures; 1,698 shops trading at 2 January 2016

· Investment in systems to simplify processes and improve efficiency on track

· Planned £100m investment in manufacturing and distribution operations over the next five years

"In 2015 we delivered another excellent performance in the second year of our strategy to transform Greggs from a traditional bakery business into a modern, attractive food-on-the-go retailer.

We have made significant progress across the business change programme, consequently our estate is stronger and our products, value and service are all improving the experience for customers.

This year has started well and the consumer outlook remains positive with disposable incomes expected to grow further in 2016. Overall 2016 will be another year of significant change as we advance with our strategic plan and propose major investment in our supply chain. Alongside this we are confident of delivering a further year of underlying growth."

looks like a lot of shorters caught on the wrong foot as sp now +135!

TRADING UPDATE

Greggs is the leading bakery food-on-the-go retailer in the UK,
with over 1,700 retail outlets throughout the country

A good start to the year

· Total sales up 5.7% in first 18 weeks of 2016 (2015: 5.9%)

· Company-managed shop like-for-like sales in the first 18 weeks up 3.7% (2015 comparator period: 6.0%)

· 55 shop refits completed

· 43 new shops opened, 21 closures

· Breakfast, hot sandwiches and 'Balanced Choice' options driving growth

· Consultation on supply chain investment proposals progressing


In advance of the company's AGM tomorrow, Greggs plc is providing an update on its business.

Trading performance

Total sales for the 18 weeks to 7 May 2016 grew by 5.7 per cent and like-for-like sales in company-managed shops grew by 3.7 per cent over the same period. As has been widely reported, conditions on the High Street were softer in March before recovering in recent weeks; these conditions were reflected in our own performance.

The improvements made to our shops and our product range continue to drive growth in sales. Our hot sandwich range and extended breakfast menu have proved particularly popular and the introduction of our flat white coffee is helping to continue our delivery of double-digit growth in sales of hot drinks. We have extended our fresh fruit offer and have been encouraged by trials of our upgraded range of salads, which are freshly prepared in store and now available nationwide. All salads meet our Balanced Choice criteria and include some innovative new products such as Teriyaki Chicken Noodle and Falafel with Houmous.

Shops

In the first 18 weeks we completed 55 shop refurbishments and in total will refit around 200 shops this year. These transformational investments continue to drive incremental sales growth as customers enjoy the improved shopping environment and additional facilities such as seating.

In the year to date we have opened 43 new shops, including 23 franchised units in transport locations. We closed 21 shops, giving a total of 1,720 shops trading at 7 May (comprising 1,592 company-managed shops and 128 franchised units). Our shop openings continue to focus on new food-on-the-go locations and the relocation of existing shops to support further growth. In March we opened our first company-managed shop in Northern Ireland, at Boucher Retail Park in Belfast. The shop is trading well and in the next few weeks we will open our first unit in central Belfast.


Consultation on supply chain investment proposals

At the time of our preliminary results in March we announced that we would be entering into consultation with trade union and employee representatives to consider proposals to close three bakeries as part of a proposed £100m investment programme in our manufacturing and distribution operations. The formal collective consultation on our proposals has now ended and we are progressing with our plans to close the three bakeries involved. The smallest site at Sleaford is now being closed and we expect to close our Twickenham bakery in the fourth quarter of 2016 followed by Edinburgh in the second quarter of 2017.

Our people impacted by these proposals have demonstrated their commitment and professionalism during a difficult period and our focus now is to work with them individually to ensure that we manage these changes in line with Greggs' values as a responsible employer. Alongside these closures we will continue to develop our plans to invest in our remaining supply chain network over the next five years in order to create centres of excellence serving our growing shop estate.

Outlook

We have made a good start to the year. Input cost inflation remains low despite increased wage costs and, with a strong pipeline of product initiatives and plans to invest in our shops and supply chain, we expect to make progress in line with our previous expectations.

Interim Results

Greggs is the leading bakery food-on-the-go retailer in the UK,
with over 1,700 retail outlets throughout the country

A GOOD FIRST HALF PERFORMANCE

Financial highlights
· Total sales up 6.0% to £422m
· Company-managed shop like-for-like sales up 3.8%
· Operating profit excluding property gains and exceptional charge* up 6.7% to £27.2m (2015: £25.5m)
· Property disposal gains of £2.2m (2015: £0.1m)
· Diluted earnings per share excluding exceptional charge* 22.3p (2015: 19.5p)
· Pre-tax profit including property profits and exceptional charges £25.4m
· Continued strong cash generation: £44.7m net inflow from operating activities
· Ordinary interim dividend per share of 9.5p (2015: 7.4p)

*before exceptional pre-tax charge of £4.0m (2015: £ nil) in relation to previously announced restructuring

Operational highlights
· Good results from sales initiatives:
- strengthening of 'Balanced Choice' range
- further development of breakfast and hot drinks offer
- successful launch of improved Greggs Rewards app
· Shop refurbishment programme progressing well:
- 86 shop refurbishments completed year-to-date, planning 200 for the year
· 68 new shops opened, 36 closures; expect around 70 net new shops in the year
· 1,730 shops trading as at 2 July 2016

"In the first half of 2016 we delivered good like-for-like growth by reinforcing the freshness and value of our offer in line with changing trends in the food-on-the-go market. We added to our "Balanced Choice" range with sales growing strongly as more and more of our customers recognise the quality, range and value we offer in these healthier food choices.

"We have made an encouraging start to the second half of the year and are alert to any change in consumer demand that may result from the current economic uncertainty. Overall, we expect to deliver full-year growth in line with our previous expectations as well as further progress against our strategic plan."
- Roger Whiteside, Chief Executive

StockMarketWire.com
Bakery group Greggs achieved its 13th consecutive quarter of like-for-like sales growth and expects full year results for 2016 to be slightly ahead of previous expectations.

Greggs says that for the 2016 financial year as a whole (52 weeks ended 31 December 2016) total sales grew by 7.0 per cent and company-managed shop like-for-like sales grew by 4.2 per cent.

Sales over the Christmas period were particularly strong, aided by a favourable trading pattern and, as a result, fourth quarter company-managed shop like-for-like sales grew by 6.4 per cent.

Excluding the final two weeks of the year fourth quarter like-for-like sales growth was 4.1 per cent.

Chief executive Roger Whiteside said: "We finished 2016 well, delivering our thirteenth consecutive quarter of like-for-like sales growth, and anticipate that we will report full year results for 2016 slightly ahead of our previous expectations. "In the year ahead, whilst we will undoubtedly see a number of well-documented industry headwinds, we are confident we will continue to make progress with the implementation of our strategic plan, including significant investment in our capability to supply a growing shop estate."

Interim Results

First half financial highlights
· Total sales up 7.3% to £453m
· Company-managed shop like-for-like sales* up 3.4%
· Operating profit excluding property gains** and exceptional charge*** up 1.8% to £27.6m
· Exceptional costs of £8.3m relating to previously announced restructuring
· Pre-tax profit including property profits and exceptional charges £19.4m
· Continued strong cash generation: £34.0m net inflow from operating activities
· Ordinary interim dividend per share up 8.4% to 10.3p

* like-for-like sales in Company-managed shops (excluding franchises) with a calendar year's trading history
** freehold property disposal gains of £0.3m in 2017 (2016: £2.2m)
*** exceptional pre-tax charge of £8.3m in 2017 (2016: £4.0m) in relation to previously announced restructuring


Operational highlights
· Continued like-for-like sales growth from:
- Coffee and breakfast
- 'Balanced Choice' range including new salads and drinks
- Hot food choices
- Traditional savoury favourites
· Shop opening programme progressing well:
- 61 new shops opened, 19 closures; expect around 100 net new shops for the year as a whole
- 1,806 shops trading as at 1 July 2017
· Roll out of new central forecasting and replenishment system successfully completed ahead of plan
· Supply chain investment programme on track

Berenberg Buy 1,172.50 1,020.00 1,300.00 Upgrades

Yesterday's Trading statement http://www.moneyam.com/action/news/showArticle?id=5688640

Not traded these for ages but a tidy chart over the last year or so noted.

StockMarketWire.com
Greggs reported 3.7% like-for-like sales in the year to the end of December, down from the 4.2% growth reported in 2016 amid challenging consumer environment.

The company said economic conditions became more challenging in 2017, as business cost inflation rose due to food ingredient and labour cost increases. This contributed to year-on-year margin slippage.

Total sales rose 7.4% to £960m from £894.2m , while pre-tax profit fell to £71.9m from £75.1m.

The bakery chain increased its dividend by 4.2% to 32.3p per share, compared with 31p per share last year.

"In 2017 we delivered another strong performance in challenging economic circumstances as rising inflation impacted both our own costs and customers' disposable income.

'At the same time we continued to make good progress with our business transformation programme,' said Roger Whiteside, Chief Executive.

'Whilst the UK consumer outlook remains challenging, we are encouraged by the start to the year.

'2018 will be the peak year for investment in our supply chain as we create the platforms for further growth.

'We also plan to open a record number of new shops as we implement our plan to grow Greggs as a leading food-on-the-go brand.'

Cash generated from operations steady at nearly £135M a big plus for me, at a time when they are undergoing significant change. Slow growth punished today, perhaps a buying ooportunity for the brave (and patient) but always dyor.

StockMarketWire.com
Greggs warned on Wednesday it was cautious on the outlook for full-year sales given the 'uncertainties' over market footfall after reporting a slower pace of sales in the first 18 weeks of the year.

Total sales for the 18 weeks to 5 May 2018 grew by 4.7%, slower than the 7.4% growth seen in the same period a year ago as adverse weather in March and April weighed on footfall.

Like-for-like sales in company-managed shops grew by 1.3% over the same period, also slower than the 3.5% growth the prior period.

The firm said average transaction values continued to grow but like-for-like transaction numbers fell.

Greggs said it had opened 41 new shops during the period.

Greggs having a bit of a sell off.

Notice for trading update http://www.moneyam.com/action/news/showArticle?id=6130668

Results https://www.moneyam.com/action/news/showArticle?id=6159598

Up nearly 7.5%

Kames Capital Plc add https://www.moneyam.com/action/news/showArticle?id=6215282

Trading statement https://www.moneyam.com/action/news/showArticle?id=6221952

Up nearly 14%... the high street's dead you know 😉

Massachusetts Financial Services Company reduce https://www.moneyam.com/action/news/showArticle?id=6225448

Massachusetts Financial Services Company reduce again https://www.moneyam.com/action/news/showArticle?id=6237619

FOURTH QUARTER TRADING UPDATE

Greggs is the leading bakery food-on-the-go retailer in the UK,

with more than 1,950 retail outlets throughout the country


A strong finish to a year of significant strategic progress

Financial year 2018*

· Total sales up 7.2%

· Company-managed shop like-for-like sales up 2.9% (H1: 1.5%, H2:4.2%)

· 149 new shops opened in the year, 50 closures

· 1,953 shops trading as at 29 December 2018

· Full year underlying profit before tax expected to be at least £88m

* 52 weeks ended 29 December 2018 (2017: 52 weeks ended 30 December 2017)

more.....

Trading Update https://www.moneyam.com/action/news/showArticle?id=6317994

Up over + 8%