Roisin Currie, CEO of Greggs, emphasized, "no plans to put up prices for this year," given stabilizing costs, which is a positive sign amid earlier inflation-driven increases.
Despite a 5.8% fall in share price due to poor sales in July and August, Currie noted, "Sales rebounded in September as people returned to work, with growth expected from new autumn menu offers.
Currie acknowledged the impact of economic uncertainty and said, "We are focusing on expanding our presence, with plans for up to 160 new shops and enhanced delivery partnerships.
Analysts are optimistic about Greggs' growth, predicting a 10% increase in pre-tax profits for the year, bolstered by new product launches and strategic market expansions.
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