Greggs Boosts Sales, Eyes Expansion Amid Inflation

Greggs, the UKs beloved bakery chain, reported a 6.8% sales increase to £2.15 billion, despite a 17.9% drop in profits to £167.4 million. With plans to expand beyond 3,000 UK stores, they opened 121 new shops, contributing to a 2.4% rise in like-for-like sales. Despite a 4% dip in underlying operating profit, Greggs remains optimistic about the future, adapting to changing consumer preferences and focusing on value deals, cost controls, and partnerships. Support the showGet a discount at https://solipillow.com/discount/dnn. Advertise on [email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected] View sources & latest updateshttps://sources.thednn.ai/951f685d14f1d90a