RE: Greggs - hit by challenging UK consumer backdrop24 Apr 2026 14:36
Greggs is shorted to 13% but I'm watching the SP carefully for another opportunity to add. As the supply chain investment declines and new shops open profits will rise. Fat jabs are booming but from what I'm seeing most don't make the lifestyle changes needed and the weight piles back on again. Jabs don't address the addiction so the fatties will be back in line. Greggs is more than just a bakery it is a mass caterer. The evening food and burgers in the day time are great and very competitively price. So I tip my hat to the shorters