Greggs plc (GB:GRG) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Greggs PLC reports a robust third-quarter performance with total sales up by 10.6% and a 5.0% rise in like-for-like sales in company-managed shops. The company is on track to open 140 to 160 new shops in 2024, while also investing in the supply chain, including the development of new distribution centers to support further growth. Despite economic uncertainties, Greggs maintains its full-year outlook and continues to focus on offering value to consumers amidst rising costs.
For further insights into GB:GRG stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue