Greggs: Edison
Retail - LSE - Mcap: £3,194m - Price: £31.24 - Update
Good Q324 on strong comparative
Greggs demonstrated continued strong sales growth in Q324, against a challenging Q323 comparative. The company continues to benefit from its multipronged growth strategy of increasing space, extended trading hours, new digital channels and menu development. Management is confident of meeting its full year expectations, helped by marginally lower cost inflation than previously expected.
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