bullish
Greggs - Continued strong like-for-like sales growth
SUMMARY
Greggs’ trading continues to be impressive, with better-than-expected like-for-like revenue growth in Q319 of 7.4% (against tougher comparatives) offset by lower-than-expected new space growth. In aggregate, trading is in line with expectations, therefore our forecasts and valuation are unchanged.
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- Greggs - Continued strong like-for-like sales growth01 Oct 2019
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