Greggs shares drop over 10% as growth slows amid weak …

Jan 9, 2025 · The company reported a 2.5% rise in like-for-like sales for the fourth quarter, a noticeable slowdown compared to 5% growth in the third quarter and 7.4% in the first half of …

10%
OFF

Greggs Shares Drop Over 10% As Growth Slows Amid Weak …

2 weeks from now

Jan 9, 2025 · The company reported a 2.5% rise in like-for-like sales for the fourth quarter, a noticeable slowdown compared to 5% growth in the third quarter and 7.4% in the first half of …

investing.com

10%
OFF

Greggs Shares Drop Over 10% As Growth Slows Amid Weak …

2 weeks from now

Jan 9, 2025 · Investing.com -- Greggs (LON: GRG) on Thursday saw its shares tumble by more than 10% following its trading update that reported slowing growth in like-for-like sales and …

investing.com

7%
OFF

Greggs Cites Lower Consumer Confidence As Fourth-quarter Growth …

2 weeks from now

Jan 9, 2025 · The Newcastle-upon-Tyne-based bakery chain said fourth quarter total sales were up 7.7%, slowing from 11% in the third quarter and nearly half the 14% growth reported in the …

lse.co.uk

7%
OFF

Greggs Cites Lower Consumer Confidence As... | Morningstar

2 weeks from now

Jan 9, 2025 · The Newcastle-upon-Tyne-based bakery chain said fourth quarter total sales were up 7.7%, slowing from 11% in the third quarter and nearly half the 14% growth reported in the …

morningstar.co.uk

£100
OFF

Greggs Shares Fall As Analysts Predict Near-£100mn Budget Hit

2 weeks from now

Nov 8, 2024 · Shares of Greggs fell as much as 8 per cent on Friday morning after Deutsche Bank predicted the UK bakery chain faces an extra £97mn in costs over the next two years as …

ft.com

7%
OFF

Greggs Share Price Drops Again Despite Record £2bn Sales In FY24

2 weeks from now

Jan 9, 2025 · However, its share price dropped further on Thursday. The stock continued to tumble. After falling more than 7% on Wednesday, today's trading update resulted in a more …

asktraders.com

£2
OFF

Greggs Shares Retreat After Slowdown In Sales Growth

2 weeks from now

6 days ago · Greggs said yesterday it had managed to “mitigate cost inflation in recent years” and added that rising wages should “provide support to customers”. Annual sales topped £2bn for …

pressreader.com

10%
OFF

Greggs Faces Share Decline Amid Slowing Consumer Growth

2 weeks from now

Jan 9, 2025 · Greggs Experiences Significant Share Price Decline. Greggs (LON: GRG) recently faced a notable decline in its share price, dropping more than 10% after a trading update …

investorshangout.com

20%
OFF

Greggs Shares Are Now Selling At A Once-In-A-Decade Discount

2 weeks from now

1 hour ago · Despite a disappointing Q4 trading update that caused a 20% crash, Greggs still delivered solid fundamentals, with sales growth dropping due to poor LFL sales. GGGSF faces …

seekingalpha.com

3%
OFF

Greggs Faces Headwinds In FY25 With Lowered Profit Forecast And ...

2 weeks from now

6 days ago · Slowing growth through FY24 Greggs’ FY24 revenue of £2,014m (y-o-y growth of 11.3%) is in line with our forecast but modestly behind the consensus mean of £2,029m …

investing.com

10%
OFF

Greggs Shares Drop Over 10% As Growth Slows Amid Weak …

2 weeks from now

Jan 9, 2025 · Investing.com — Greggs (LON: GRG) on Thursday saw its shares tumble by more than 10% following its trading update that reported slowing growth in like-for-like sales and …

bankerbull.com

10%
OFF

Greggs Shares Drop Over 10% As Growth Slows Amid Weak …

2 weeks from now

Investing.com — Greggs (LON:) on Thursday saw its shares tumble by more than 10% following its trading update that reported slowing growth in like-for-like Greggs shares drop over 10% as …

newsbreak.com

10%
OFF

Greggs Shares Drop Over 10% As Growth Slows Amid Weak …

2 weeks from now

Jan 9, 2025 · Investing.com — Greggs (LON:GRG) on Thursday saw its shares tumble by more than 10% following its trading update that reported slowing growth in like-for-like sales and …

redbearstrademarket.com

FAQs about Greggs shares drop over 10% as growth slows amid weak … Coupon?

Why did Greggs slow down sales?

Greggs has been expanding as it capitalises on its popularity among consumers who traded down during the cost of living crisis. However the chain reported slowing sales growth in its latest quarter, which it blamed on violent riots and poor weather in the period. ...

Why did Greggs see a rise in like-for-like sales?

In the last three months of the year, Greggs posted a 2.5 per cent rise in like-for-like sales, down from 5 per cent in the previous quarter, because of “more subdued” footfall and consumer confidence in the run-up to Christmas. ...

Why did Greggs share price fall 10 per cent?

Shares in UK bakery chain Greggs fell more than 10 per cent on Thursday with the company blaming weak consumer confidence for a slowdown in sales. ...

Why did Greggs stock fall 10% on Thursday?

Shares in Greggs (GRG.L) slumped nearly 10% on Thursday morning, after the UK bakery chain warned of higher costs this year, as well as posting a slowdown in sales growth. ...

Why did Greggs stock drop 3% in morning trading?

LONDON (Reuters) -British baker and fast food chain Greggs maintained its full year outlook, though its underlying sales growth did slow in its latest quarter, reflecting a "challenging" market and sending its shares lower. The stock was down 3% in morning trading on Tuesday, paring 2024 gains to 18%. ...

What happened to Greggs?

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Greggs shrugged off slowing sales in the past quarter, which the UK bakery chain blamed on violent riots and poor weather, and said its appeal to cost-conscious shoppers would endure even as inflation eased. ...