bishopjeremy
- 16 Dec 2003 22:35
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
cynic
- 19 Mar 2010 09:51
- 19 of 128
skinny
- 25 Mar 2010 11:32
- 20 of 128
I've sold half my holding @486
Douggie
- 26 Mar 2010 14:15
- 21 of 128
I bought about 7mths ago doing nicely now......will they keep going up ???????????
Douggie
- 26 Mar 2010 14:15
- 22 of 128
I bought about 7mths ago doing nicely now......will they keep going up ???????????
Douggie
- 26 Mar 2010 14:15
- 23 of 128
I bought about 7mths ago doing nicely now......will they keep going up ???????????
Douggie
- 26 Mar 2010 14:15
- 24 of 128
I bought about 7mths ago doing nicely now......will they keep going up ???????????
Douggie
- 26 Mar 2010 14:16
- 25 of 128
I bought about 7mths ago doing nicely now......will they keep going up ???????????
skinny
- 12 May 2010 07:12
- 26 of 128
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.
skinny
- 10 Aug 2010 07:49
- 28 of 128
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
skinny
- 06 Oct 2010 07:18
- 29 of 128
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.
skinny
- 10 Jan 2011 11:15
- 30 of 128
Quite a fall off since the start of the year - trading update on Wednesday!
skinny
- 12 Jan 2011 07:51
- 31 of 128
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
skinny
- 16 Mar 2011 07:54
- 32 of 128
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
skinny
- 09 Aug 2011 08:16
- 34 of 128
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
jeffmack
- 09 Aug 2011 08:19
- 35 of 128
cynic
- 09 Aug 2011 09:20
- 36 of 128
someone left the buns in the oven too long, that's all
skinny
- 06 Oct 2011 07:09
- 37 of 128
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
skinny
- 11 Jan 2012 07:03
- 38 of 128
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.