Greggs cautious on outlook after weather dents sales

Meanwhile, like-for-like sales at its company managed shops increased by 1.3% in the period following an uplift of 3.2% in the first eight weeks of the year as trading in March and April was impacted by weaker market conditions.

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In a statement ahead of its AGM today, the company said weak customer footfall in retail locations, particularly in the weeks of wintry weather, had dented demand for its food-on-the-go offering.

Greggs said its £2 breakfast offer is proving particularly popular and that sales of healthier options, such as salads and snack pots, are continuing to grow.

During the period, Greggs completed…