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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

British baker Greggs slows sales decline

British baker and fast food retailer Greggs said its sales decline caused by the coronavirus crisis had slowed but it does not expect profits to return to pre-pandemic levels until 2022 at the earliest.
Business • 06 Jan 21

Greggs to cut jobs as Covid-19 dents demand

British baker Greggs said today it will cut shop staff jobs and hours as it expects trading to remain below normal for the foreseeable future due to the Covid-19 pandemic.
Business • 29 Sep 20

Greggs upgrades profit forecast, announces staff reward

British baker Greggs said it would pay staff a special bonus to reflect a "phenomenal" year when the launch of a much-hyped vegan-friendly sausage roll led to higher than expected profits.
Business • 08 Jan 20

Greggs bucks gloomy UK retail trend with profit upgrade

Baker and takeaway food group Greggs upgraded its profit guidance for 2019 today, underlining its position as one of the few strong performers in Britain's troubled retail sector.
Business • 11 Nov 19

Vegan sausage rolls help Greggs to tasty H1 profit

Vegan sausage rolls lured more people into the Greggs stores of Britain, helping drive a 58% first half profit rise as they also snapped up coffees, sandwiches and cakes.
Business • 30 Jul 19

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