<\/p>\n
Greggs has been opening more stores (pic: DB Media Services)<\/p>\n
Greggs has been adjusting to the impact of weight-loss drugs on the takeaway trade and the rising cost of labour on profit margins.<\/p>\n
What are now viewed as over-ambitious targets before Roisin Currie took over as CEO in 2022 have been seen as an underlying concern. Even so, the company continues toll our stores at pace, say analysts at AJ Bell.<\/p>\n
Investors will be looking at this week\u2019s trading statement to see if an overhaul of its logistics set-up and supply chain has helped address the bottlenecks the business has been facing and whether the big spending in this area will start to slow. <\/p>\n
There will also be attention on how footfall is faring and whether initiatives such as evening openings and deliveries through Uber Eats and Just Eat are continuing to pay off.<\/p>\n
The Bell team says there will also be focus on Greggs\u2019 ability to pass on rising costs to consumers, how its new healthier options are being received and whether it is seeing any immediate impact from the situation in the Middle East in terms of demand and inflationary pressures.\u00a0<\/p>\n
DIARY\u00a0<\/p>\n
Monday\u00a011 May\u00a0<\/p>\n
First-half results from\u00a0Compass<\/p>\n
US Federal Reserve chair confirmation vote\u00a0<\/p>\n
\u00a0Tuesday\u00a012 May<\/p>\n
Full-year results from\u00a03i Infrastructure, Angling Direct, Bytes Technology\u00a0and\u00a0Vodafone<\/p>\n
Trading statements from\u00a0Greggs\u00a0and\u00a0IMI<\/p>\n
AGM Macfarlane Group<\/p>\n
US CPI inflation<\/p>\n
Wednesday\u00a013 May\u00a0<\/p>\n
Full-year results from\u00a0Vertu Motors<\/p>\n
First-half results from\u00a0Avon Technologies\u00a0<\/p>\n
Thursday 14 May\u00a0<\/p>\n
Full-year results from\u00a03i Group, Burberry, Land Securities, National Grid\u00a0and\u00a0United Utilities<\/p>\n
Trading statement from\u00a0ITV\u00a0<\/p>\n
UK GDP<\/p>\n
US retail sales<\/p>\n
Friday 15 May\u00a0<\/p>\n
In the US, quarterly results from\u00a0Applied Materials<\/p>\n
\t #Greggs #updates #expansion #rising #costs #Daily #Business<\/p>\n","protected":false},"excerpt":{"rendered":"
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