Greggs PLC
LSE:GRG
Income Statement
Earnings Waterfall
Greggs PLC
Revenue
|
1.8B
GBP
|
Cost of Revenue
|
-710.5m
GBP
|
Gross Profit
|
1.1B
GBP
|
Operating Expenses
|
-927.4m
GBP
|
Operating Income
|
171.7m
GBP
|
Other Expenses
|
-29.2m
GBP
|
Net Income
|
142.5m
GBP
|
Income Statement
Greggs PLC
Jun-2003 | Dec-2003 | Jun-2004 | Jun-2005 | Dec-2005 | Jun-2006 | Dec-2006 | Jun-2007 | Dec-2007 | Jun-2008 | Dec-2008 | Jun-2009 | Jan-2010 | Jul-2010 | Jan-2011 | Jul-2011 | Dec-2011 | Jun-2012 | Dec-2012 | Jun-2013 | Dec-2013 | Jun-2014 | Jan-2015 | Jul-2015 | Jan-2016 | Jul-2016 | Dec-2016 | Jul-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Jan-2021 | Jul-2021 | Jan-2022 | Jul-2022 | Dec-2022 | Jul-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
441
N/A
|
457
+4%
|
472
+3%
|
236
-50%
|
534
+126%
|
541
+1%
|
551
+2%
|
564
+2%
|
586
+4%
|
606
+3%
|
628
+4%
|
665
+6%
|
658
-1%
|
667
+1%
|
662
-1%
|
676
+2%
|
701
+4%
|
716
+2%
|
735
+3%
|
747
+2%
|
762
+2%
|
775
+2%
|
806
+4%
|
830
+3%
|
836
+1%
|
859
+3%
|
894
+4%
|
925
+3%
|
960
+4%
|
983
+2%
|
1 029
+5%
|
1 099
+7%
|
1 168
+6%
|
922
-21%
|
811
-12%
|
1 057
+30%
|
1 230
+16%
|
1 378
+12%
|
1 513
+10%
|
1 662
+10%
|
1 810
+9%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
0
|
0
|
(84)
|
(92)
|
(203)
|
(206)
|
(210)
|
(212)
|
(221)
|
(231)
|
(240)
|
(255)
|
(252)
|
(256)
|
(253)
|
(258)
|
(271)
|
(278)
|
(287)
|
(298)
|
(306)
|
(307)
|
(313)
|
(312)
|
(305)
|
(313)
|
(326)
|
(337)
|
(349)
|
(359)
|
(374)
|
(388)
|
(412)
|
(345)
|
(300)
|
(374)
|
(448)
|
(512)
|
(575)
|
(644)
|
(711)
|
|
Gross Profit |
0
N/A
|
0
N/A
|
133
N/A
|
144
+9%
|
330
+129%
|
335
+1%
|
341
+2%
|
351
+3%
|
365
+4%
|
375
+3%
|
388
+3%
|
410
+6%
|
406
-1%
|
412
+1%
|
410
-1%
|
418
+2%
|
431
+3%
|
438
+2%
|
447
+2%
|
449
+0%
|
456
+2%
|
468
+3%
|
493
+5%
|
518
+5%
|
531
+2%
|
547
+3%
|
568
+4%
|
588
+4%
|
611
+4%
|
624
+2%
|
655
+5%
|
712
+9%
|
756
+6%
|
578
-24%
|
512
-11%
|
683
+34%
|
782
+14%
|
866
+11%
|
938
+8%
|
1 019
+9%
|
1 099
+8%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(404)
|
(418)
|
(348)
|
(130)
|
(283)
|
(291)
|
(299)
|
(306)
|
(318)
|
(328)
|
(344)
|
(367)
|
(357)
|
(361)
|
(357)
|
(366)
|
(377)
|
(386)
|
(396)
|
(402)
|
(415)
|
(423)
|
(436)
|
(451)
|
(458)
|
(471)
|
(490)
|
(511)
|
(530)
|
(545)
|
(566)
|
(604)
|
(635)
|
(562)
|
(518)
|
(569)
|
(629)
|
(713)
|
(784)
|
(858)
|
(927)
|
|
Selling, General & Administrative |
0
|
0
|
(120)
|
(130)
|
(283)
|
(291)
|
(299)
|
(306)
|
(318)
|
(328)
|
(344)
|
(363)
|
(358)
|
(361)
|
(357)
|
(366)
|
(378)
|
(386)
|
(396)
|
(402)
|
(415)
|
(423)
|
(436)
|
(451)
|
(458)
|
(471)
|
(490)
|
(511)
|
(530)
|
(545)
|
(566)
|
(604)
|
(635)
|
(562)
|
(518)
|
(569)
|
(629)
|
(713)
|
(784)
|
(858)
|
(927)
|
|
Other Operating Expenses |
(404)
|
(418)
|
(228)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
37
N/A
|
39
+7%
|
41
+3%
|
14
-65%
|
47
+232%
|
44
-6%
|
42
-5%
|
45
+7%
|
48
+6%
|
47
-1%
|
44
-6%
|
43
-3%
|
48
+12%
|
51
+5%
|
52
+4%
|
51
-2%
|
53
+4%
|
52
-2%
|
51
-1%
|
47
-9%
|
41
-12%
|
46
+11%
|
57
+26%
|
67
+16%
|
73
+10%
|
76
+4%
|
78
+3%
|
77
-2%
|
81
+5%
|
79
-2%
|
89
+12%
|
107
+20%
|
121
+12%
|
15
-87%
|
(6)
N/A
|
115
N/A
|
153
+34%
|
153
0%
|
154
+1%
|
161
+4%
|
172
+7%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
1
|
1
|
1
|
1
|
3
|
3
|
2
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
0
|
(0)
|
0
|
(3)
|
(6)
|
(6)
|
(7)
|
(8)
|
(8)
|
(7)
|
(6)
|
(5)
|
(4)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(2)
|
2
|
8
|
4
|
0
|
0
|
0
|
0
|
7
|
7
|
0
|
1
|
1
|
(8)
|
(15)
|
(8)
|
0
|
0
|
(3)
|
(3)
|
(8)
|
(9)
|
(2)
|
(7)
|
(9)
|
(6)
|
(3)
|
(1)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
0
|
(0)
|
0
|
(1)
|
0
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
16
|
21
|
|
Pre-Tax Income |
38
N/A
|
41
+6%
|
42
+3%
|
16
-63%
|
50
+221%
|
47
-6%
|
40
-14%
|
44
+10%
|
51
+15%
|
57
+11%
|
50
-13%
|
44
-12%
|
49
+11%
|
51
+4%
|
53
+3%
|
59
+12%
|
61
+3%
|
52
-14%
|
52
+1%
|
48
-9%
|
33
-30%
|
31
-8%
|
50
+63%
|
67
+34%
|
73
+9%
|
73
0%
|
75
+3%
|
69
-8%
|
72
+4%
|
77
+6%
|
83
+8%
|
95
+15%
|
108
+14%
|
6
-94%
|
(14)
N/A
|
107
N/A
|
146
+36%
|
146
+0%
|
148
+2%
|
173
+16%
|
188
+9%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(12)
|
(13)
|
(14)
|
(5)
|
(16)
|
(15)
|
(13)
|
(15)
|
(15)
|
(16)
|
(15)
|
(14)
|
(14)
|
(15)
|
(15)
|
(16)
|
(16)
|
(14)
|
(13)
|
(11)
|
(9)
|
(9)
|
(12)
|
(15)
|
(15)
|
(16)
|
(17)
|
(16)
|
(15)
|
(16)
|
(17)
|
(19)
|
(21)
|
(2)
|
1
|
(22)
|
(28)
|
(27)
|
(28)
|
(38)
|
(46)
|
|
Income from Continuing Operations |
26
|
27
|
28
|
11
|
34
|
32
|
27
|
30
|
36
|
40
|
34
|
30
|
34
|
36
|
38
|
43
|
45
|
38
|
40
|
37
|
24
|
22
|
38
|
52
|
58
|
57
|
58
|
53
|
57
|
61
|
66
|
76
|
87
|
4
|
(13)
|
85
|
118
|
119
|
120
|
135
|
143
|
|
Net Income (Common) |
26
N/A
|
27
+6%
|
28
+3%
|
11
-62%
|
34
+222%
|
32
-6%
|
27
-15%
|
30
+10%
|
36
+22%
|
40
+11%
|
34
-16%
|
30
-11%
|
34
+14%
|
36
+5%
|
38
+5%
|
43
+14%
|
45
+3%
|
38
-14%
|
40
+4%
|
37
-8%
|
24
-34%
|
22
-10%
|
38
+73%
|
52
+37%
|
58
+12%
|
57
-1%
|
58
+1%
|
53
-8%
|
57
+7%
|
61
+7%
|
66
+8%
|
76
+15%
|
87
+15%
|
4
-95%
|
(13)
N/A
|
85
N/A
|
118
+38%
|
119
+1%
|
120
+1%
|
135
+12%
|
143
+6%
|
|
EPS (Diluted) |
0.21
N/A
|
0.23
+10%
|
0.24
+4%
|
0.09
-63%
|
0.28
+211%
|
0.26
-7%
|
0.24
-8%
|
0.27
+13%
|
0.34
+26%
|
0.39
+15%
|
0.34
-13%
|
0.3
-12%
|
0.34
+13%
|
0.36
+6%
|
0.38
+6%
|
0.43
+13%
|
0.44
+2%
|
0.38
-14%
|
0.39
+3%
|
0.36
-8%
|
0.24
-33%
|
0.21
-13%
|
0.37
+76%
|
0.5
+35%
|
0.56
+12%
|
0.55
-2%
|
0.57
+4%
|
0.52
-9%
|
0.56
+8%
|
0.6
+7%
|
0.65
+8%
|
0.74
+14%
|
0.85
+15%
|
0.03
-96%
|
-0.13
N/A
|
0.84
N/A
|
1.14
+36%
|
1.16
+2%
|
1.18
+2%
|
1.32
+12%
|
1.39
+5%
|