-
Posted by
Two Blokes May 27 -
Filed in
Stock
-
1 view
Greggs delivered strong revenue growth and accelerated same-store sales, despite macro headwinds and cost pressures, supporting my continued bullish stance. Store expansion remains robust, with 140-150 new openings targeted for FY 2025, and innovative menu additions are driving incremental sales. Shares remain undervalued, trading at significant discounts to industry multiples on EV/S, EV/EBITDA, and P/CF, with a 42% upside potential.
