Greggs Trading Update Sparks Investor Relief

25 days ago

Chloe Malay

"Greggs shares had their biggest jump since 2021 after a trading update this morning. They said that trading really improved in August and also in September. And that cost inflation was easing a little bit. ... It really also confirmed full-year expectations, which provided some relief to investors after what was quite a tough update in July."

The update on Greggs indicates a notable market reaction with a significant jump in share price driven by improved trading figures and easing cost inflation. While past concerns such as reduced store openings and volume weaknesses remain, the reaffirmation of full-year expectations has boosted investor sentiment, signaling a potential turnaround.