Greggs plc ( (GB:GRG) ) has shared an update.
Greggs plc reported strong financial results for 2024, achieving over £2 billion in sales for the first time and record profits. The company expanded its shop estate with 226 new openings and invested in supply chain and technology to support growth. Greggs continues to lead the UK food-to-go market, with strategic initiatives such as expanding its healthier menu options and increasing digital engagement through its app. The company is confident in its ability to manage inflationary pressures and aims for further growth in 2025, targeting up to 150 net new shop openings.
More about Greggs plc
Greggs plc is a leading UK-based food-to-go retailer known for its bakery products, sandwiches, and beverages. The company focuses on providing value and convenience, with a strong presence in high street locations and an expanding reach into new markets and channels.
YTD Price Performance: -24.55%
Average Trading Volume: 354,809
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £2.14B
Learn more about GRG stock on TipRanks’ Stock Analysis page.