Greggs stock soars on profit guidance, but analysts split on growth

Core Viewpoint - Shares of British baker and fast-food chain Greggs increased by 11.5% to 1,790p, outperforming the FTSE mid-cap index, after the company reaffirmed its full-year profit guidance despite a slowdown in the market [1] Company Summary - Greggs' stock performance indicates strong investor confidence, as evidenced by the 11.5% rise in share price [1] - The company has maintained its full-year profit guidance, suggesting resilience in its business model amid market challenges [1] Industry Summary - The performance of Greggs may reflect broader trends in the fast-food and bakery sector, where companies are navigating economic pressures while striving to maintain profitability [1]