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Edge11 Sep 2026
Texas Pacific Land Corporation: Keeper of the Permian Basin
Land once granted to a failed 19th-century railroad now generates royalties for Texas Pacific Land Corporation across the Permian Basin.
Greggs
Greggs (GRG) investor relations material
Greggs Q3 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 TU earnings summary30 Sep, 2026
Executive summary
Achieved total sales growth of 7.7% for Q3 2026 and 7.4% for the 39 weeks to 26 September 2026, with like-for-like sales up 3.4% and 2.6% respectively compared to 2025.
Opened 95 new shops and closed 38 (including 20 relocations), resulting in 57 net new shops year-to-date, with a total of 2,796 shops trading at period end.
Menu innovation, including new drinks and healthier options, contributed to improved trading and customer engagement.
Announced proposals to consolidate manufacturing operations, potentially closing four sites and impacting around 740 roles over 2.5 years.
Financial highlights
Cost inflation expectations remain at approximately 2% on a like-for-like basis for 2026.
Improved trading and strong cost control lead to expectations of a modestly improved outcome for 2026.
Outlook and guidance
Expecting 100 to 110 net new shop openings in 2026, plus 12 'Greggs Express' installations.
New distribution centres in Derby and Kettering to increase costs in 2027 before supporting profitable growth.
Signs of greater inflationary pressures anticipated in 2027.
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Latest events from Greggs
- H1 2026 sales up 7.2%, profit before tax up 19.7%, and market share rose to 8.7%.GRG
H1 2026 - Sales and profit growth continue, with stable outlook and ongoing menu and shop expansion.GRGTrading update
- Sales up 6.8% to £2.15bn, market share at 8.6%, profit down 9.4%, CapEx set to fall.GRGH2 2025
- Sales and market share rose in FY25, with profits stable and capex set to decline.GRGQ4 2025 TU
- Q3 sales rose 6.1% with stable outlook and ongoing shop and product expansion.GRGQ3 2025 TU
- Sales up 7% but profit down; expansion, digital, and investment remain key priorities.GRGH1 2025
- Sales rose 6.9% in H1 2025, but full year profit is expected to be modestly below 2024.GRGTrading Update
- Sales and profit rose strongly, with shop expansion and digital channels driving growth.GRGH1 2024
- Record sales, profit, and shop growth achieved despite inflation and market headwinds.GRGH2 2024
Greggs
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