Company Profile For Greggs PLC

Greggs PLC (GRG.L) (London Stock Exchange)

sector: Non-Cyclical Consumer Goods & Services · industry: Food Distribution & Convenience Stores ·

As of 27 Nov 2009

430.10GBp

Price Change

+4.40

Percent Change

+1.03%

Analyst Recommendations

Overview

Greggs plc is a United Kingdom-based bakery retailer, specializing in sandwiches, savories and other freshly made food-on-the-go. The Company opened 67 shops and closed 26, during the fiscal year ended December 27, 2008 (fiscal 2008). As of December 27, 2008, the Company had a total of 1,409 shops.

Quick Financial Synopsis

BRIEF: For the twenty six weeks ended 27 June 2009, Greggs plc's revenues increased 13% to £312.4M. Net income decreased 25% to £11.4M. Revenues reflects an increase in turnover from the Company's operating activities. Net income was offset by an increase in cost of sales, a decrease in operating & gross margins, an increase in distribution & selling cost, the absence of other income and a decrease in finance income.