Greggs plc (GB:GRG) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Greggs plc reports a robust first half for 2024 with total sales up by 13.8% to £960.6 million and a 7.4% increase in like-for-like sales in company-managed shops. The company’s strategic expansion sees 51 net new shops, bringing the total to 2,524, and a strong pipeline indicates 140 to 160 new shops by year-end. Greggs continues to diversify its menu and sales channels, with a particular emphasis on evening sales and delivery services.
For further insights into GB:GRG stock, check out TipRanks’ Stock Analysis page.
