Greggs (LON:GRG) Announces Earnings Results

Greggs (LON:GRG) issued its quarterly earnings data on Tuesday. The company reported GBX 150.70 ($1.93) EPS for the quarter, Digital Look Earnings reports. Greggs had a net margin of 7.13% and a return on equity of 26.79%.

Greggs Trading Down 0.5 %

LON:GRG opened at GBX 1,894 ($24.23) on Wednesday. The company has a quick ratio of 0.88, a current ratio of 0.80 and a debt-to-equity ratio of 66.19. Greggs has a twelve month low of GBX 1,779 ($22.76) and a twelve month high of GBX 3,250 ($41.58). The company has a market cap of £1.91 billion, a P/E ratio of 14.05, a price-to-earnings-growth ratio of 3.39 and a beta of 1.43. The business has a 50 day moving average price of GBX 2,260.52 and a two-hundred day moving average price of GBX 2,679.49.

Insider Transactions at Greggs

In related news, insider Nigel Mills purchased 925 shares of the firm’s stock in a transaction on Friday, January 10th. The stock was purchased at an average cost of GBX 2,149 ($27.49) per share, for a total transaction of £19,878.25 ($25,429.51). 5.89% of the stock is currently owned by insiders.

Greggs Company Profile

Greggs is a leading UK food-on-the-go retailer with more than 2,400 shops nationwide and approximately 32,000 employees across the business.

As a food-on-the-go retailer, Greggs specialises in daily fresh shop-made sandwiches, and savouries baked fresh in the shop ovens throughout the day. These are further complemented by popular products and ranges including freshly ground coffee, breakfast, confectionery and evening menu items.