Greggs PLC
LSE:GRG
Gross Margin
Greggs PLC
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| UK |
|
Greggs PLC
LSE:GRG
|
1.9B GBP |
62%
|
|
| US |
|
McDonald's Corp
NYSE:MCD
|
226.5B USD |
57%
|
|
| US |
|
Starbucks Corp
NASDAQ:SBUX
|
95.2B USD |
26%
|
|
| US |
|
Chipotle Mexican Grill Inc
NYSE:CMG
|
69.9B USD |
31%
|
|
| UK |
|
Compass Group PLC
LSE:CPG
|
41.7B GBP |
73%
|
|
| US |
|
Yum! Brands Inc
NYSE:YUM
|
41.1B USD |
48%
|
|
| CA |
|
Restaurant Brands International Inc
NYSE:QSR
|
28.4B USD |
58%
|
|
| US |
|
Darden Restaurants Inc
NYSE:DRI
|
23.3B USD |
22%
|
|
| CN |
M
|
MIXUE Group
HKEX:2097
|
176.8B HKD |
32%
|
|
| CN |
|
Yum China Holdings Inc
NYSE:YUMC
|
17.2B USD |
42%
|
|
| US |
|
Domino's Pizza Inc
NYSE:DPZ
|
16.7B USD |
39%
|
Greggs PLC
Glance View
In the bustling streets of the UK, Greggs PLC has established itself as an iconic purveyor of bakery delights, blending tradition with modern convenience. Founded in 1939, this company has evolved from a small bakery into a national staple, offering an array of products from savory pastries to sandwiches and sweet treats. With over 2,000 locations, Greggs has strategically positioned itself in high foot-traffic areas like city centers, transport hubs, and retail parks, capitalizing on the impulse purchasing habits of busy commuters and shoppers. The company combines its core bakery operations with an innovative menu that adapts to changing consumer tastes, including vegan and healthier option lines, supporting its broad customer base. Fueling its success, Greggs employs a vertically integrated supply chain, owning and operating its production and distribution centers. This control allows Greggs to maintain quality and consistency across its offerings while keeping costs manageable. By producing goods in-house, they can better navigate market fluctuations and supplier dependencies. Furthermore, Greggs operates a successful subscription-based model known as the Greggs App, integrating mobile technology to enhance customer engagement and loyalty. Through strategic site selections, innovative menu offerings, and a well-managed supply chain, Greggs not only captures the hearts of customers but also secures its share of the bustling on-the-go food market.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Greggs PLC's most recent financial statements, the company has Gross Margin of 61.7%.
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