Greggs (LON:GRG) Releases Quarterly Earnings Results

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

Greggs Stock Performance

Shares of GRG stock opened at GBX 1,844 ($23.43) on Tuesday. 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 has a fifty day moving average of GBX 2,279.30 and a 200 day moving average of GBX 2,688.47. The firm has a market capitalization of £1.86 billion, a price-to-earnings ratio of 13.68, a price-to-earnings-growth ratio of 3.39 and a beta of 1.43. Greggs has a 1 year low of GBX 1,784 ($22.67) and a 1 year high of GBX 3,250 ($41.30).

Insider Activity

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

About Greggs

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.