Greggs Shares Are Now Selling At A Once-In-A-Decade Discount
Source: SeekingAlpha
2025-01-16 03:00:00 ET
Summary
- Despite a disappointing Q4 trading update that caused a 20% crash, Greggs still delivered solid fundamentals, with sales growth dropping due to poor LFL sales.
- GGGSF faces some headwinds from higher labour costs, potential recession risks, and some concerns about maintaining its value proposition amid price increases in a competitive fast-food market.
- Still, the stock looks significantly undervalued given its growth outlook, supported by ongoing growth initiatives like new store openings, expanded evening hours, and innovative product offerings.
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Greggs Shares Are Now Selling At A Once-In-A-Decade Discount
Jollibee Foods Corp
NASDAQ: JBFCF
JBFCF Trading
-2.02% G/L:
$3.40 Last:
750 Volume:
$3.69 Open:
