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52 Week High-Low
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Net Yield
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Hist / Pros Per
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Equity Market Cap

The purveyor of pastries and bacon rolls is a key player in the food-to-go market, with a commanding 10% share of the breakfast slot. 

In the five years before the pandemic, Greggs was able to grow like for like sales (i.e. same store sales growth) at c.+5% p.a., combining this with growth in its own run store estate to grow revenue at c.+8% p.a.

Looking forward, Greggs will rely on two levers for growth. Firstly, it plans to expand its store estate by a further 150 stores a year, a big step up from the pre-covid average rate of net additions of 80 stores a year. Secondly, Greggs will attempt to increase sales per store by opening later in an attempt to penetrate the evening sitting. Time will tell if this strategy works for them.

Understanding Finance

Helping clients understand what we do is key to building relationships. To explain some of the industry jargon that creeps into our world, we’ve pulled together a section of our site to help.

Managing your wealth

Managing your wealth

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