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Greggs shares jump 9% on strong Q3 sales and plans to consolidate manufacturing.

Market News
30 Sep 2026
Proactive Investors
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Bullish
Greggs shares jump 9% on strong Q3 sales and plans to consolidate manufacturing.

Greggs PLC shares rose as much as 9.1% following a strong third-quarter performance, with like-for-like sales up 3.4% and total sales increasing 7.7%. The company benefited from better weather and menu innovation, exceeding broker expectations. Greggs plans to consolidate manufacturing by potentially closing four sites, impacting around 740 jobs, with expected cost savings of £20 million annually by 2028-29. Management now anticipates modest profit growth in 2026, revising previous flat profit guidance.

Greggs shares jumped 9.1% after strong quarterly trading. For readers following Consumer Cyclical stocks, here is Pluang's market snapshot as of Sep 30, 2026 13:31 WIB: 76 of 112 US stocks rose today. Notable movers include PRTS at USD 8.24 with 100% buy orders, WYNN at USD 78.55 down 2.44%, and SFIX at USD 2.53 with 74% sell orders.

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