Shares in UK baker Greggs drop as growth slows
Jan 9, 2025 · LONDON (Reuters) -British bakery chain Greggs said its growth had slowed in the Christmas quarter, hurt by lower consumer confidence, and its boss warned of a challenging 2025, sending its shares down by 10% on Thursday. For the fourth quarter, Greggs posted …
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Shares In UK Baker Greggs Drop As Growth Slows
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Jan 9, 2025 · LONDON (Reuters) -British bakery chain Greggs said its growth had slowed in the Christmas quarter, hurt by lower consumer confidence, and its boss warned of a challenging 2025, sending its shares down by 10% on Thursday. For the fourth quarter, Greggs posted …
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Shares In UK Baker Greggs Drop As Growth Slows | Financial News
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Jan 9, 2025 · British bakery chain Greggs said its growth had slowed in the Christmas quarter, hurt by lower consumer confidence, and its boss warned of a challenging 2025, sending its shares down by 10% on ...
lse.co.uk
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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 cautious forward guidance. The company reported a 2.5% rise in like-for-like sales for the …
investing.com
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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 trading despite the food-on-the-go purveyor reporting a 11.3% rise in full-year 2024 sales to £2 …
sharesmagazine.co.uk
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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 the year.
investing.com
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Greggs Raises Prices And Warns Of Higher Costs As Sales Slow
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Jan 9, 2025 · 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 said in a trading update, released on Thursday, that company-managed shop like-for-like sales had …
yahoo.com
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Greggs Cites Lower Consumer Confidence As Fourth-quarter Growth …
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Jan 9, 2025 · Lower consumer confidence impacted High Street footfall and industry-wide visits and expenditure,’ Greggs said in a trading statement. In response, shares in Greggs slumped 9.9% to 2,366.00 pence each in London on Thursday morning. For financial 2024, Greggs said …
sharesmagazine.co.uk
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Greggs Shares Fall As Analysts Predict Near-£100mn Budget Hit
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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 a result of the recent ...
ft.com
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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-earnings (P/E ...
fool.co.uk
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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 in total sales for the 13 weeks to 28 September, and 12.7% year-to-date, the company expects …
sharesmagazine.co.uk
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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 cautious forward guidance. The company reported a 2.5% rise in like-for-like sales for the …
bankerbull.com
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The Greggs Share Price Falls As Sales Keep Growing. What’s ... - Fool …
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Oct 1, 2024 · The Greggs share price fell 4% on Tuesday October 1st after the company’s latest update. But the news around sales growth, cost inflation, and the outlook for the full year is reasonably positive.
fool.co.uk
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Greggs Shares Plunged – Here’s Why - AskTraders
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Nov 11, 2024 · Shares of bakery chain Greggs (LON: GRG) tumbled 6% Friday after a Deutsche Bank report predicted significant cost increases due to the recent Budget. The Financial Times first reported the news, citing Deutsche Bank analysts who downgraded Greggs from “Hold” to …
asktraders.com
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Greggs Faces Share Decline Amid Slowing Consumer Growth
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Jan 9, 2025 · Greggs experiences over 10% share drop due to slowing sales growth. Explore insights into the bakery chain's future strategies and market conditions. ... Sales Growth Slows Down. The company reported a modest 2.5% increase in like-for-like sales for the fourth …
investorshangout.com
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Shares In UK Baker Greggs Drop As Growth Slows - TradingView
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Jan 9, 2025 · British bakery chain Greggs LSE:GRG said its growth had slowed in the Christmas quarter, hurt by lower consumer confidence, and its boss warned of a challenging 2025, sending its shares down by 10% on Thursday. For the fourth quarter, Greggs posted underlying sales …
tradingview.com
FAQs about Shares in UK baker Greggs drop as growth slows Coupon?
Why did Greggs stock drop 10% in the Christmas quarter?
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