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Greggs, a UK food chain, reports strong quarterly earnings despite recent share price drop.
Greggs, a UK food retailer known for its fresh sandwiches and baked goods, reported quarterly earnings of $1.94 per share.
Despite a recent 13.5% drop in its share price, the company showed growth in sales revenues and pre-tax profit.
With over 2,400 stores and 32,000 employees, Greggs has a market cap of £1.79 billion.
An insider bought shares recently, seeing value in the company’s performance and growth potential.
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Greggs, una cadena alimentaria del Reino Unido, reporta fuertes ganancias trimestrales a pesar de la reciente caída del precio de las acciones.