Food price inflation is putting the grocery industry under strain
Ocado shares were at the bottom of the heap in London as it became the latest to warn on inflation. “Significant increases in raw materials … Read more
Broken commodity markets are racking up the pain for equities
Soaring food prices: Greggs shares tumbled 10% this morning as the company warned on cost input inflation. The critical thing about stagflation is how do you … Read more
Phil and John discuss why weak markets can bring opportunities
On this week’s Quality Shares Podcast John and Phil reflect on a difficult week on the markets, and discuss why the sell off has … Read more
Greggs' plans to double its revenues can deliver strong and sustained profits growth. This outcome looks as if it is already priced into the shares.
There has never been any doubt in my mind that Greggs has been a very good business for a very long time.
Its ownership of bakeries has long given it a source of competitive advantage and allowed it to sell food on-the-go at very attractive prices. The difference in pricing between Greggs and rivals such as Pret a Manger, Starbucks and Costa is stark and is something that investors in Greggs should be very optimistic about in my view.
