|Bid||0.000000 x 0|
|Ask||0.000000 x 0|
|Day's range||16.581800 - 16.581800|
|52-week range||16.581800 - 16.581800|
|PE ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y target est||N/A|
LONDON (Reuters) - British baker Greggs (GRG.L) said its like-for-like sales rose 5 percent in the 13 weeks to the end of September, keeping it on track to meet expectations for the year despite higher ...
British baker Greggs said its like-for-like sales rose 5 percent in the 13 weeks to the end of September, keeping it on track to meet expectations for the year despite higher ingredient costs. The company, ...
Greggs (Stuttgart: 41G1.SG - news) , the bakery chain, is in talks to join a multibillion-pound legal case against a group of truckmakers fined for price-fixing over a 14-year period. Sky News can reveal that Greggs is among a number of major companies weighing whether to join a claim being brought by the Road Haulage Association (RHA) which could total almost £4bn. Greggs, which trades from more than 1,800 stores across the country, operates a large fleet of delivery trucks and is understood to be seriously considering participating in the action.
British baker Greggs warned on Tuesday that profit margins this year would be dented by a jump in the price of ingredients, particularly dairy and proteins, as well as increased labour costs. Shares in Greggs (Stuttgart: 41G1.SG - news) fell by as much as 5.4 percent after the company reiterated its concern about the margin outlook, taking the shine off a 10 percent rise in full-year profit. "We do think there’ll be a modest impact on margins this year because we suspect that we won’t be able to completely mitigate it (cost pressure) and won’t be able to completely pass it on (to customers)," Chief Executive Roger Whiteside said.
British baker Greggs (Stuttgart: 41G1.SG - news) on Tuesday beat forecasts with a 10 percent rise in 2016 profit, helped by an extension of its product range, new outlets and store refurbishments. The Newcastle, northern England, based firm, which is transforming itself from a traditional bakery business into a food-on-the-go retailer, said it made a pretax profit before one off items of 80.3 million pounds ($99.8 million) for the year to Dec (Shanghai: 600875.SS - news) . Greggs said it had improved its product range, extending choice in hot drinks, hot food and healthy options over the period.
British baker Greggs (Stuttgart: 41G1.SG - news) said industry-wide cost pressures meant price rises in the market were inevitable this year and would dent its margins, although it would fight to keep the price advantage that helped it to a strong fourth quarter. Greggs, which is transforming itself from a traditional bakery business to a value outlet for food-on-the-go said it expected 2016 results to be slightly ahead of previous expectations, sending its shares 2.6 percent higher by 1100 GMT.
British baker and food-on-the-go seller Greggs forecast full year profit slightly ahead of previous expectations after enjoying strong sales in its Christmas quarter. But the Newcastle, northern England, ...