Greggs first-half profit drops as heatwave slows sales British baker and fast food chain Greggs is keeping its foot on the pedal in an expansion drive, despite a slowdown in sales growth that dragged down first-half profit by 14%, its boss said today. Business • 29 Jul
Greggs first-half profit drops as heatwave slows sales British baker and fast food chain Greggs is keeping its foot on the pedal in an expansion drive, despite a slowdown in sales growth that dragged down first-half profit by 14%, its boss said today. Business • 29 Jul
Greggs warns of profit dip as heatwave deters customers UK baker Greggs warned today that its annual operating profit could dip below last year's levels as unusually high temperatures in the UK discourage customers from eating out, sending its shares sinking nearly 15%. Business • 02 Jul
Greggs warns of profit dip as heatwave deters customers UK baker Greggs warned today that its annual operating profit could dip below last year's levels as unusually high temperatures in the UK discourage customers from eating out, sending its shares sinking nearly 15%. Business • 02 Jul
Greggs' sales growth picks-up in first half of year UK baker and fast food chain Greggs reported sales growth picking up as the year progressed, helped by better trading conditions, including warmer weather, sending its battered shares higher. Business • 20 May
Greggs' sales growth picks-up in first half of year UK baker and fast food chain Greggs reported sales growth picking up as the year progressed, helped by better trading conditions, including warmer weather, sending its battered shares higher. Business • 20 May
Baker Greggs' sales growth slows again in tough market British bakery and fast food chain Greggs said sales growth slowed further in the early weeks of 2025, with "challenging" weather conditions in January, and as its chief executive warned of a "tough" year ahead. Business • 04 Mar
Baker Greggs' sales growth slows again in tough market British bakery and fast food chain Greggs said sales growth slowed further in the early weeks of 2025, with "challenging" weather conditions in January, and as its chief executive warned of a "tough" year ahead. Business • 04 Mar
Greggs' growth story won't be derailed by UK budget: CEO The boss of Greggs said its rapid expansion would not be derailed by the new UK government's tax raising budget, with any customer price rises likely to only be "pennies". Business • 25 Nov 24
Greggs' growth story won't be derailed by UK budget: CEO The boss of Greggs said its rapid expansion would not be derailed by the new UK government's tax raising budget, with any customer price rises likely to only be "pennies". Business • 25 Nov 24
Greggs keeps outlook despite sales growth slowdown British baker and fast food chain Greggs has maintained its full year outlook, though its underlying sales growth did slow in its latest quarter, reflecting a "challenging" market and sending its shares lower. Business • 01 Oct 24
Greggs keeps outlook despite sales growth slowdown British baker and fast food chain Greggs has maintained its full year outlook, though its underlying sales growth did slow in its latest quarter, reflecting a "challenging" market and sending its shares lower. Business • 01 Oct 24
Greggs profit lifted by wider product range British fast food retailer Greggs kept its full-year profit outlook today as a wider product range, more deliveries and extended store hours lifted first-half profits by 16.3%, and sent shares up 1.7% in morning trading. Business • 30 Jul 24
Greggs profit lifted by wider product range British fast food retailer Greggs kept its full-year profit outlook today as a wider product range, more deliveries and extended store hours lifted first-half profits by 16.3%, and sent shares up 1.7% in morning trading. Business • 30 Jul 24
Greggs says on track for year after sales rise Baker and fast food retailer Greggs is building logistics capacity for a store estate of around 3,500, up from the 2,500 shops it currently trades from, it said today. Business • 14 May 24
Greggs says on track for year after sales rise Baker and fast food retailer Greggs is building logistics capacity for a store estate of around 3,500, up from the 2,500 shops it currently trades from, it said today. Business • 14 May 24
Greggs staff to share £17.6m bonus pot as profits soar Thousands of Greggs workers in the UK will share £17.6m in bonuses this month after the bakery chain notched up a 27% hike in annual profits. Business • 05 Mar 24
Greggs staff to share £17.6m bonus pot as profits soar Thousands of Greggs workers in the UK will share £17.6m in bonuses this month after the bakery chain notched up a 27% hike in annual profits. Business • 05 Mar 24
Greggs sees strong year-end, boosted by strong demand Britain's Greggs said strong demand for its Festive Bakes, Christmas lunch baguettes and salted caramel lattes delivered a better-than-expected 9.4% rise in fourth-quarter like-for-like sales, sending its shares to a five-month high. Business • 10 Jan 24
Greggs sees strong year-end, boosted by strong demand Britain's Greggs said strong demand for its Festive Bakes, Christmas lunch baguettes and salted caramel lattes delivered a better-than-expected 9.4% rise in fourth-quarter like-for-like sales, sending its shares to a five-month high. Business • 10 Jan 24
Greggs shows resilience with quarterly sales rise British baker and fast food chain Greggs has today kept its full-year outlook as underlying sales rose in the third quarter and it won market share, showing the resilience of its value offer in a cost of living crisis now into its second year. Business • 03 Oct 23
Greggs shows resilience with quarterly sales rise British baker and fast food chain Greggs has today kept its full-year outlook as underlying sales rose in the third quarter and it won market share, showing the resilience of its value offer in a cost of living crisis now into its second year. Business • 03 Oct 23
Greggs confident as appetite grows for its bakes Greggs has today stuck to forecasts for profit to rise 10% this year, as consumers continued to seek its value baked goods, salads and coffee, and as its evening opening hours and loyalty app help drive sales higher. Business • 01 Aug 23
Greggs confident as appetite grows for its bakes Greggs has today stuck to forecasts for profit to rise 10% this year, as consumers continued to seek its value baked goods, salads and coffee, and as its evening opening hours and loyalty app help drive sales higher. Business • 01 Aug 23
Greggs predicts further growth this year Greggs said it expects further growth this year as its range of baked goods and new products keep it on track to meet forecasts despite tighter household budgets. Business • 16 May 23
Greggs predicts further growth this year Greggs said it expects further growth this year as its range of baked goods and new products keep it on track to meet forecasts despite tighter household budgets. Business • 16 May 23
Greggs warns of ongoing inflation challenge UK baker and fast food chain Greggs warned today that high inflation would continue to be a challenge this year, but said it was confident its value offer of sausage rolls, steak bakes and pizza would help drive growth. Business • 07 Mar 23
Greggs warns of ongoing inflation challenge UK baker and fast food chain Greggs warned today that high inflation would continue to be a challenge this year, but said it was confident its value offer of sausage rolls, steak bakes and pizza would help drive growth. Business • 07 Mar 23
Greggs reports 18% rise in Q4 like-for-like sales Greggs said strong demand for festive bakes, mince pies and salted caramel lattes helped its like-for-like sales rise 18.2% in the final quarter. Business • 05 Jan 23
Greggs reports 18% rise in Q4 like-for-like sales Greggs said strong demand for festive bakes, mince pies and salted caramel lattes helped its like-for-like sales rise 18.2% in the final quarter. Business • 05 Jan 23
Greggs shows resilience with quarterly sales rise Baker and fast food chain Greggs said today it traded well in its latest quarter, showing its resilience against the backdrop of a worsening cost of living squeeze. Business • 04 Oct 22
Greggs shows resilience with quarterly sales rise Baker and fast food chain Greggs said today it traded well in its latest quarter, showing its resilience against the backdrop of a worsening cost of living squeeze. Business • 04 Oct 22
Greggs reiterates outlook in tough market UK baker and fast food chain Greggs has today maintained its full-year outlook, saying its value offer was attractive in a market where consumer incomes were under pressure. Business • 02 Aug 22
Greggs reiterates outlook in tough market UK baker and fast food chain Greggs has today maintained its full-year outlook, saying its value offer was attractive in a market where consumer incomes were under pressure. Business • 02 Aug 22
Greggs says cost pressures increasing Baker and fast food chain Greggs said cost pressures were increasing as it reported a rise in first quarter sales that was flattered by comparison with restricted trading conditions due to Covid-19 in the same period of 2021. Business • 16 May 22
Greggs says cost pressures increasing Baker and fast food chain Greggs said cost pressures were increasing as it reported a rise in first quarter sales that was flattered by comparison with restricted trading conditions due to Covid-19 in the same period of 2021. Business • 16 May 22
Greggs warns cost pressures to weigh on 2022 outcome Britain's baker and fast food chain Greggs said today that the surging cost of raw materials, energy and staff wages would limit any material profit growth in 2022 after it reported record annual profit in 2021. Business • 08 Mar 22
Greggs warns cost pressures to weigh on 2022 outcome Britain's baker and fast food chain Greggs said today that the surging cost of raw materials, energy and staff wages would limit any material profit growth in 2022 after it reported record annual profit in 2021. Business • 08 Mar 22
Greggs appoints new CEO as Q4 sales inch higher British food-to-go retailer Greggs said its retail and property director Roisin Currie would succeed Roger Whiteside as chief executive in May. Business • 06 Jan 22
Greggs appoints new CEO as Q4 sales inch higher British food-to-go retailer Greggs said its retail and property director Roisin Currie would succeed Roger Whiteside as chief executive in May. Business • 06 Jan 22
Greggs weathers supply chain disruption with sales rise UK baker and fast food chain Greggs has raised its full-year profit outlook after underlying third-quarter sales rose 3.5% compared to two years ago despite staffing and supply chain disruption. Business • 05 Oct 21
Greggs weathers supply chain disruption with sales rise UK baker and fast food chain Greggs has raised its full-year profit outlook after underlying third-quarter sales rose 3.5% compared to two years ago despite staffing and supply chain disruption. Business • 05 Oct 21
Greggs latest food business hit by supply chain issues Greggs, the UK bakery and fast food chain, has become the latest food business to be hit by supply chain interruptions that are impacting businesses across the retail and hospitality sector in Britain. Business • 26 Aug 21
Greggs latest food business hit by supply chain issues Greggs, the UK bakery and fast food chain, has become the latest food business to be hit by supply chain interruptions that are impacting businesses across the retail and hospitality sector in Britain. Business • 26 Aug 21
Greggs expects sales recovery to lift annual profit British bakery and fast-food chain Greggs said today that its sales recovery was stronger than anticipated, adding that a sustained recovery from the Covid-19 pandemic could boost its annual profit. Business • 28 Jun 21
Greggs expects sales recovery to lift annual profit British bakery and fast-food chain Greggs said today that its sales recovery was stronger than anticipated, adding that a sustained recovery from the Covid-19 pandemic could boost its annual profit. Business • 28 Jun 21
Greggs raises profit outlook after trading recovers UK bakery and fast-food chain Greggs has today raised its profit outlook, saying it could be around 2019's record levels, after a strong recovery in sales following the easing of Covid-19 restrictions. Business • 10 May 21
Greggs raises profit outlook after trading recovers UK bakery and fast-food chain Greggs has today raised its profit outlook, saying it could be around 2019's record levels, after a strong recovery in sales following the easing of Covid-19 restrictions. Business • 10 May 21
Greggs says will rise again after first annual loss British baker and fast food retailer Greggs has reported its first annual loss since listing on the stock exchange in 1984 after the Covid-19 pandemic hammered shopper numbers. Business • 16 Mar 21
Greggs says will rise again after first annual loss British baker and fast food retailer Greggs has reported its first annual loss since listing on the stock exchange in 1984 after the Covid-19 pandemic hammered shopper numbers. Business • 16 Mar 21