Greggs’ like-for-like sales rise by 5.2%
Greggs saw its own own-shop like-for like sales rise by 5.2% in the 24 weeks to 13 December as consumers responded to improvements in its products, service offer and shops.
This means that the bakery chain’s own shop like-for-like sales have increased by 4.2% in the year to date while total sales have grown by 3.6%.
The company said the like-for-like performance was ahead of expectations.
Greggs chief executive Roger Whiteside said: “The strong performance that we reported in our September IMS has continued. Trading conditions have remained helpful but there is no doubt that customers are also responding to improvements in our product and service offer and to the investment we are making in the shop environment.
“Whilst there is still much to play for over the final few weeks of the year we currently anticipate that full year profits will be ahead of analysts’ expectations. We expect to make a further update on trading over the Christmas period in early January.”
