Greggs shares plummet despite surpassing £2 billion sales …

Jan 9, 2025 · Challenging second half back drop; Lower consumer confidence; Greggs passes on price hikes to consumers; Shares in Greggs () fell by as much as 10% to £23.46 in morning …

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Greggs Shares Plummet Despite Surpassing £2 Billion Sales …

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Jan 9, 2025 · Challenging second half back drop; Lower consumer confidence; Greggs passes on price hikes to consumers; Shares in Greggs () fell by as much as 10% to £23.46 in morning …

sharesmagazine.co.uk

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

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Jan 9, 2025 · Greggs revenue growth 2015-24. Created at TradingView. Furthermore, Greggs is a growth stock – and is priced like one. At the start of the week, it was trading at a price-to …

fool.co.uk

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Greggs Raises Prices And Warns Of Higher Costs As Sales Slow

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6 days ago · Shares in Greggs 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.Greggs …

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

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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

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

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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

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Shares In UK Baker Greggs Drop As Growth Slows

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Jan 9, 2025 · Q4 sales up 2.5% vs 5% growth in Q3 * Shares down 10% * Sticks to forecasts * Sees 'another year of progress' in 2025. LONDON, Jan 9 (Reuters) - British bakery chain …

lse.co.uk

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

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Oct 1, 2024 · Company-managed shop like-for-like sales up 5%; Shares in Greggs were down more than 3% to £30.07 as investors expressed mild dissatisfaction with the UK bakery …

sharesmagazine.co.uk

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

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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 Slowing Sales Reflect Loss Of Pricing Power, Brokers Suggest

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6 days ago · Greggs PLC (LSE:GRG) shares plunged 13% as investors took flight at the slowdown in like-for-like sales at the bakery and coffee chain and warning that there are …

proactiveinvestors.com

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Greggs Faces Share Decline Amid Slowing Consumer Growth

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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

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

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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 …

olympinvests.com

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

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The post Greggs shares plunge 11% despite growing sales. Is this my chance to buy? appeared first on The Motley Fool UK. ... It means the firm’s rate of sales growth has been slowing ...

msn.com

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Here’s The Growth Forecast For Greggs Shares Through To 2027!

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Oct 14, 2024 · This flaky run comes after the FTSE 250 bakery chain reported a slowdown in sales in the third quarter. Despite this pullback, the stock’s still returned 78% over five years, …

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

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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 …

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FAQs about Greggs shares plummet despite surpassing £2 billion sales … Coupon?

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. ...

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 reportedly raised prices on some products and warned of higher costs this year, as well as posting a slowdown in sales growth. ...

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. ...

Is Gregg a good stock to buy in 2024?

Gregg’s earnings per share (EPS) forecasts have remained resilient throughout 2024 despite a slowdown in like-for-like sales. Cost pressures have been managed well, which means that the company should be capable of delivering 9 per cent EPS growth this year and similar rates of growth over the next few years. ...

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. ...