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FTSE 100 closes higher as traders turn to index to avoid tech stocks
Britain's premier share index closed up by around 57 points, or 0.76%, at 7,642
Company
Greggs PLC
LON:GRG
UK's leading retailer specialising in sandwiches, savouries and other bakery-related products, with a particular focus on takeaway food and catering.
230 stories · page 5 of 12
Greggs wins £150mln legal battle over Covid insurance
Greggs argued that Single Business Interruptions Limits were payable every time the government introduced a Covid measure that affected business
Greggs reports a slowdown in growth but keeps guidance unchanged
"Greggs continues to trade well in an environment where cost pressures are significant, and our outstanding value-for-money positioning is ever-more important to consumers"
Will Greggs tweak profit guidance due to rising costs?
Bakery chain hampered by cost inflation, though sales volumes remain consistent
Archive
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Greggs names former Tesco UK boss chair as growth slows in Q2
Davies will take over as chair on November 1 when incumbent Ian Durant steps down
Greggs and Primark team up again for 21 item clothing line
Customers in selected cities will be able to buy the items from a “Snackfest” minibus ahead of the official launch
Greggs leaves full-year forecast unchanged but cautions costs are rising
The baker grew like-for-like sales 27.4% in the first 19 weeks of 2022, in line with expectations
Will the 'Greggs on a roll' headline make a return on Monday?
Focus in the quarterly trading update is likely to be on costs and profit margins
Greggs appoints experienced HR executive Lynne Weedall as non-exec director
Weedall joins the bakery chain on 17 May and will replace Helena Ganczakowski as chair of the remuneration committee in 2023
Greggs will find it tough in middle of 'maelstrom' of soaring costs from Russia-Ukraine war
“More shops may have meant more sausage roll sales, but a lack of like-for-like growth is now a concern,” one analyst said
Greggs warns on profit as inflation hits
The sausage roll and coffee group is paying a special dividend of 40p per share on top of its 57p full-year pay-out
Builders and building materials
Greggs, Fresnillo, Direct Line and more will jostle with geopolitical news on Tuesday
Others reporting include Bakkavor, Bango, ConvaTec, Domino’s Pizza, H&T, IWG, M&G, Made.com, Robert Walters and John Wood Group
Greggs new boss has a hard act to follow
"Whilst management has set out demanding and exciting medium-term targets to FY26 (in October 2021) it will not be the incumbent CEO who has to deliver them"
Greggs promotes retail director Roisin Currie to CEO
The Geordie baker also reported 0.8% like-for-like sales growth in the fourth quarter
Greggs warns of vegan sausage roll shortage due to supply chain problems - report
The baker and fast food chain said there were "temporary interruptions" to supplies of products including vegan sausage rolls across the UK, Reuters reported
Greggs a buy after ‘remarkably punchy’ sales target says broker
The broker has raised its share price target to 3,600p
Greggs ploughs on with expansion plans but who’s going to work in the new shops?
The baker admitted it has suffered some disruption in terms of availability of staff over the past few months
Greggs upgrades full-year expectations but labour shortages, supply chain issues bite
The baker has also unveiled ambitious long-term plans