Greggs blames slide in sales growth on bad weather as Britons cut back snacks
by Sarah Butler from World news | The Guardian on (#6VNRS)
Bakery chain's shares fall after slowdown at start of year, when it also increased price of its sausage rolls
Greggs has recorded its worst sales growth since the pandemic, when it was forced to shut stores, amid poor weather at the start of 2025 and evidence shoppers are cutting back on snacks.
Shares in Greggs slid nearly 12% on Tuesday as the company reported that sales growth at established stores had softened to 1.7% in the nine weeks since late December. The figure represents a further slowdown after the pace of growth more than halved to 2.5% in the previous quarter.
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