Greggs: Baking Up A Storm With A Good Upside

2025-04-22 10:34:38 ET

Summary

• Greggs is a promising investment due to its significant valuation drop, attractive 3.7% yield, and reliable earnings trends.
• The company has successfully transitioned from traditional baked goods to a "food on the go" model, enhancing its market position.
• Greggs operates over 2,000 outlets with an omnichannel approach, including click & collect and drive-through, employing over 20,000 people.

Dear readers/followers

In one of my trips to the UK, I got my eyes opened for Greggs plc ( OTCPK:GGGSF ). I love it when I find a new European company to cover, and especially when that company is a consumer staples/discretionary. I've spent a few weeks doing research and background on the company, and now feel that I'm in a position to give you my opinion on the company, its fundamentals, its prospects, and its upside.

As you may have noticed from my articles, I'm actively looking to diversify and invest more into European businesses, out of NA/US-based ones. I believe the combination of FX (I invest natively in Swedish SEK) as well as tariffs will herald a bit more conservative returns for NA stock, and combined with other factors of valuation, some EU companies present far better opportunities (for me) at this time....

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