Added to YB: 2026-01-12
Pitch date: 2026-01-08
GRG.L [neutral]
Greggs plc
-3.27%
current return
Author Info
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Company Info
Greggs plc operates as a food-on-the-go retailer in the United Kingdom. It offers a range of fresh bakery products, sandwiches, and drinks, as well as ready to drink canned products.
Market Cap
GBP 1.7B
Pitch Price
GBP 16.50
Price Target
N/A
Dividend
4.21%
EV/EBITDA
6.12
P/E
11.62
EV/Sales
1.00
Sector
Hotels, Restaurants and Leisure
Category
growth
GRG-ling shorts; sells then become boughts
GRG.L (update): Despite 6.5% drop today, Greggs took market share (incl. evening time segment), added 121 net shops, +£15M net cash vs 1H25. Short interest hit 10.5% (£185M borrowed stock = future buying pressure). Tesco B2B revenue jumping ~£20M/quarter. New automation facility could add £42M+ profit (2% margin boost). 2026 guidance 'similar underlying' suggests temp costs masking growth.
Read full article (5 min)