Greggs sales boosted by “better trading conditions”
Greggs has posted a 7.4% increase in total sales to £784 million in the first 20 weeks of 2025.
The food-to-go retailer has also seen a 2.9% in like-for-like sales in company-managed shops, with an improved performance in the last 11 weeks of the period due to “better trading conditions”.
Greggs said trade had also been boosted by product innovation, particularly its new over-ice drinks range which is now available in 1,300 shops.
Pizza boxes and hot food options, such as Southern Fried Chicken Goujons and Southern Fried Potato Wedges, were also popular, as well as its newly launched Mac and Cheese which went viral on TikTok.
Never Miss a Retail Update!Greggs launched 66 new shops in the period to take the total to 2,638 at 17 May. The retailer said it is confident that it will have around 140 to 150 net openings for the full year.
The retailer is currently constructing a new frozen product manufacturing and logistics facility in Derby and developing a national distribution centre in Kettering. Both sites are expected to be operational in 2026 and 2027 respectively.
Looking ahead, Greggs said: “The improved like-for-like sales performance has been delivered in what remains a challenging market context, and during a period that compares with our strongest performance in 2024.
“Our investment programme is on track and there has been no change to the outlook for cost inflation, which we expect to be around 6% on a like-for-like basis.
“Our plans for managing the inflationary headwinds are progressing well and, whilst early in the financial year, the board’s expectations for the full year outcome remain unchanged.”
