Greggs (LON:GRG) Announces Quarterly Earnings Results

Greggs (LON:GRG) released its quarterly earnings results on Tuesday. The company reported GBX 150.70 ($1.92) EPS for the quarter, Digital Look Earnings reports. Greggs had a return on equity of 26.79% and a net margin of 7.13%.

Greggs Price Performance

GRG opened at GBX 1,844 ($23.43) on Tuesday. The firm has a market capitalization of £1.86 billion, a PE ratio of 13.68, a price-to-earnings-growth ratio of 3.39 and a beta of 1.43. The company has a debt-to-equity ratio of 66.19, a current ratio of 0.80 and a quick ratio of 0.88. The business’s 50-day moving average is GBX 2,279.30 and its two-hundred day moving average is GBX 2,688.47. Greggs has a 1 year low of GBX 1,784 ($22.67) and a 1 year high of GBX 3,250 ($41.30).

Insider Buying and Selling at Greggs

In other Greggs news, insider Nigel Mills acquired 925 shares of the stock in a transaction dated Friday, January 10th. The stock was purchased at an average price of GBX 2,149 ($27.31) per share, with a total value of £19,878.25 ($25,261.47). Insiders own 5.89% of the company’s stock.

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.