GRG.L | Greggs PLC
1591.57 -246.78 (-18.35%)
Next ER: July 31, 2018 After Market Closes
About the Company
Greggs plc (LSE: GRG) is the largest bakery chain in the United Kingdom. It specialises in savoury products such as bakes, sausage rolls and sandwiches and sweet items including doughnuts and vanilla slices. It is headquartered in Newcastle upon Tyne. It is listed on the London Stock Exchange, and is a constituent of the FTSE 250 Index. The first Greggs was opened in 1951. Growing regionally from its base in Newcastle, in the North East, Greggs began to acquire other regional bakery chains across the rest of the country from the 1970s onwards. By the 1990s, it was the largest bakery chain in the country after acquiring its major rival, Bakers Oven, in May 1994. In 2017, the chain had 1,764 outlets, including 143 franchised outlets.The company opened 145 new shops in 2016 and closed 79 shops, as well as completing 208 store refits.
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