Greggs plc
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Roisin Helen Currie
- Full Time Employees
- 33,146
- Sector
- Consumer Defensive
- Industry
- Grocery Stores
- Address
- Greggs House Newcastle upon Tyne United Kingdom NE12 8BU
- IPO Date
- Dec 23, 2021
- Website
- corporate.greggs.co.uk
- Similar Companies
- Business
- Greggs plc is a United Kingdom-based food-on-the-go retailer specializing in freshly prepared bakery products, sandwiches, savory items, sweet baked goods, and beverages. Its core product range includes sausage rolls, sandwiches, bread and rolls, doughnuts, vanilla slices, and a variety of drinks, sold primarily through its network of company-managed shops and franchise partners. The company also provides catering services targeting corporate clients and private functions, alongside a business-to-business channel supplying franchise and wholesale partners with bakery products and charging license fees to franchisees. Greggs operates exclusively in the UK market and has expanded its retail estate to cover high street locations, travel hubs, roadside locations including drive-throughs, and partnership stores within supermarkets such as Sainsbury’s, Asda, and Tesco. Founded in 1951, Greggs is headquartered in Newcastle upon Tyne, England. Recent strategic developments include the launch of a new smaller “Bitesize” shop format to extend its presence in diverse urban and transport locations, enhancing accessibility and convenience for customers. In 2025, Greggs plans to open between 140 and 160 new shops, with a focus on unconventional sites like travel hubs and drive-through units, which have shown strong performance through higher transaction values and customer diversification. The company is also investing in a new national distribution center to improve supply chain efficiency and support its expansion plans. Greggs has broadened its product portfolio by strengthening its plant-based and healthier choice ranges, which includes successful launches such as vegan sausage rolls, Turmeric Recovery, and Plenish Ginger Immunity drinks. These innovations reflect Greggs’ commitment to menu expansion beyond traditional bakery items. Additionally, the company has pursued acquisitions, including a smaller vegan-focused bakery chain, and strategic partnerships with delivery platforms such as Just Eat and Uber Eats, facilitating online order growth and expanding its digital distribution. The company published its fifth annual sustainability report, reaffirming commitments to responsible procurement and social responsibility goals to be met by the end of 2025. Greggs is a publicly listed company (ticker: GGGSY) on the London Stock Exchange and is a constituent of the FTSE 250 index. Its operational and strategic shifts in recent years demonstrate a transition from a traditional high street bakery chain to a multi-format, technology-enabled, and service-diversified food-on-the-go retailer aimed at serving a broad consumer base across the United Kingdom with an emphasis on accessibility, menu innovation, and sustainability initiatives. Senior management’s share purchases in 2024 and 2025 underline confidence in Greggs’ growth strategy and business prospects.
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