Playing FTSE

Best UK Earnings Report This Year?

8 snips
May 25, 2025
Discover what one of the hosts has been eagerly anticipating for 17 years! The conversation dives into the fluctuating stock market, focusing on Alphabet's innovative advancements in AI amidst ongoing legal challenges. Investigate the surprising impact of nice weather on Greggs' stock performance and explore the impressive growth of Diploma, including its successful acquisitions. The discussion also touches on Waymo's monumental self-driving taxi achievements while contrasting its strategy with Tesla's, ensuring a captivating listen for any investor.
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ANECDOTE

Steve W's Greggs Prediction

  • Steve W predicted Greggs shares would rise after earnings and was right about the 7% increase.
  • He suspects the share rise was more due to good weather than the new menu, despite management crediting product innovation.
INSIGHT

Greggs Sales Depend on Weather

  • Foot traffic affects Greggs sales strongly; sun boosts visits, rain deters them.
  • Steve D compares investing in Greggs stock to betting on weather conditions.
INSIGHT

Buffett Criteria on Greggs

  • Steve W uses Buffett’s three criteria to evaluate Greggs: PE below 15, confidence it will improve, and 7% growth chance.
  • Greggs meets first two but unlikely to sustain 7% growth, tempering investment enthusiasm.
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