Greggs sales impacted by July heatwave
Greggs has reported a 6.1% increase in total sales for its third quarter, with like-for-like sales in company-managed shops up 1.5%.
In the three months to 27 September, the food-to-go retailer’s performance was held back during July’s heatwave but improved in August and September when cooler temperatures returned. The like-for-like uplift compares to growth of 2.6% in the first half.
Subscribe to TRBGreggs upgraded its sandwich options in the period with new sourdough toasties and extended its Pulled Pork Sandwich trial to 350 shops. It also continuing to introduce new savoury products with items such as the Chicken Fajita Bake.
In September, the retailer extended the availability of its frozen ‘Bake at Home’ range through a new partnership with Tesco and an initial five products. The move means that the range is now available in 930 Iceland and 820 Tesco stores across the UK and online.
In the year to date, Greggs has opened 130 new shops and closed 73 (including 39 relocations), which means it had a total of 2,675 shops trading at 27 September. The retailer’s two new distribution centres in Derby and Kettering are on track to open in 2026 and 2027 respectively and will support the next phase of growth.
Looking ahead, Greggs said: “Greggs continues to make progress despite challenging market conditions, evolving its offer further and making the brand more convenient for a wider range of customers through disciplined estate expansion.
“Operational costs have been well managed and the outlook for cost inflation in 2025 is marginally improved. The Board’s expectation for the full year outcome is unchanged and we remain clear on the strategic opportunities that lie ahead
