- Greggs reported a 17.9 per cent drop in statutory pre-tax profits to £167.4 million for the year ending 27 December, citing a challenging market and cautious consumer spending.
- Chief executive Roisin Currie anticipates that easing inflationary pressures will boost consumer spending and demand for food-on-the-go this year, despite acknowledging the current tough economic backdrop.
- The bakery chain noted its cost inflation has slowed from nearly six per cent last year to around three per cent, though shopper sentiment remains cautious.
- Total sales for Greggs grew by 6.8 per cent to £2.15 billion, buoyed by 121 net new store openings in 2025, expanding its estate to 2,739 locations.
- Greggs plans approximately 120 further store openings this year, aiming for significantly more than 3,000 UK shops in the long term, alongside continued growth in its delivery business and evening trade.
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