Greggs Share Price Drops Again Despite Record £2bn Sales

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 …

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Greggs Share Price Drops Again Despite Record £2bn Sales

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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

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Greggs Third-quarter Trading Update Fails To Excite Investors, …

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Oct 1, 2024 · Shares in Greggs were down more than 3% to £30.07 as investors expressed mild dissatisfaction with the UK bakery chain’s third-quarter trading update. Reporting a 10.6% rise …

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Greggs’ Share Price Dropped 3.31% Despite Positive Q3 Update

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Oct 3, 2023 · The drop in Greggs’ share price was unwarranted, given the upbeat nature of the company’s Q3 update. Whether the shares shall reverse course soon and head higher …

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Greggs Shares Plunge 11% Despite Growing Sales. Is This My …

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As the company’s Q4 trading update reveals 8% revenue growth, Greggs shares are falling sharply. Should Stephen Wright be rushing to buy the stock? The post Greggs shares plunge …

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Greggs Share Price Slips 4% On Cancelled Dividends

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Jul 28, 2020 · Shares of Greggs PLC (LON: GRG) fell 4% after the bakery chain slashed its interim dividend amid tumbling sales. Sales tumbled as much as 45% to £300.6 million for six …

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Greggs Shares Slide Despite Q3 Sales Jump - AskTraders

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Oct 1, 2024 · Despite the share price dip so far in Tuesday's session, Greggs shares are up more than 17% in 2024 and over 19% in the last 12 months. In July, analysts at investment research …

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Greggs Share Price Falls 4.59% On New Job Cuts Plan

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Sep 29, 2020 · Shares of Greggs plc (LON: GRG) today fell 4.59% after the British bakery chain unveiled plans to minimise job losses as the government furlough scheme ends in October. …

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Greggs Share Price Fell 3.0% Despite Upbeat Q1 Earnings

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May 16, 2023 · The Greggs plc (LON: GRG) share price fell 3.03% after issuing its trading update for the first 19 weeks of 2023. The British bakery chain reported 17.1% in like-for-like sales, …

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Buying Surge In Greggs Shares, GRG – Should We Follow?

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May 6, 2022 · Greggs (LON: GRG) shares are down 1% this morning and yet there’s a surge of buying by private investors in the stock. There’s no particular news concerning Greggs …

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FAQs about Greggs Share Price Drops Again Despite Record £2bn Sales Coupon?

Does the Greggs share price fall as sales grow?

The Greggs share price falls as sales keep growing. What’s going on here? The company’s sales might be up, but the Greggs share price is not. Stephen Wright looks at whether or not there’s an opportunity here. Stephen has a PhD in Philosophy and teaches at the University of Oxford. ...

Why are Greggs shares down 11%?

Shares in Greggs (LSE:GRG) are down 11% on Thursday (9 January) after the company’s Q4 trading update. And looking at the report, I don’t think it’s hard to see why. Overall, revenues increased by just under 8%, with around 2.5% coming from like-for-like sales growth. ...

Are Greggs shares too cheap to ignore?

And I think Greggs’ shares are too cheap to ignore following their plunge. So I bought more. Following last week’s price collapse, Greggs shares now trade on a price-to-earnings (P/E) ratio of 15.3 times. This pulls it even further below its five-year average of 23.4 times (excluding pandemic-hit 2020, when profits were smacked). ...

Why did Greggs share price tumble 6% Friday?

Shares of bakery chain Greggs (LON: GRG) tumbled 6% Friday after a Deutsche Bank report predicted significant cost increases due to the recent Budget. ...

Is Greggs a good stock to buy?

Since the start of the year, total sales have grown 12.7% in total and 6.5% on a like-for-like basis. That means sales have been growing more slowly in the last quarter. And for a stock like Greggs – which is priced to reflect expectations of growth– that’s not what investors are looking for. ...

Is Greggs still a good company?

High expectations were still confounded. Greggs is still growing and still innovating, with an All-Day Breakfast Baguette, Mexican Bean & Spicy Cheese Flatbread and Pumpkin Spice Doughnuts the latest additions to its range. But I still can’t bring myself to buy its shares at today’s lower price. ...