Pizzas and summer drinks help Greggs beat off heatwave sales slump

Greggs has unveiled strong summer results despite the heatwave. Picture: Archant

Greggs has unveiled strong summer results despite the heatwave. Picture: Archant


Greggs helped staved off a downturn during this year’s heatwave with a range of summer drinks and focaccia-style pizzas.

The group, which has 1,912 shops in the UK, said like-for-like sales rose by 3.2% across its own-managed shops in the 13 weeks to September 29, while total sales were up 7.3%.

It said profit margins were hit at the start of the summer quarter by volatile sales patterns – but this was offset by improved trading since the start of September.

Greggs said: “We were pleased with our trading performance during a period that included a long spell of hot weather, which made sales patterns more difficult to predict.”

The third-quarter performance means comparable store sales are now 2.1% higher in the year to date, with total sales up 5.9%.

Greggs said it remains on track to meet full-year forecasts, with new autumn ranges including a Pumpkin Spice Latte and Chilli Beef Bake.

It has opened 93 new stores in its financial year so far including 35 franchised outlets – largely at transport locations – while closing 35 shops.

The group plans to open 100 net new stores over the year, having recently reined in its expectations from a previous target for 130 new shops.

If you value what this story gives you, please consider supporting the Eastern Daily Press. Click the link in the orange box above for details.

Become a supporter

This newspaper has been a central part of community life for many years. Our industry faces testing times, which is why we're asking for your support. Every contribution will help us continue to produce local journalism that makes a measurable difference to our community.

Latest from the Eastern Daily Press