#profit-outlook

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fromBusiness Matters
2 days ago

Greggs shares fall sharply as June heatwave hits sales and profits

Greggs reported a 6.9% rise in total sales to £1.3 billion in the first half of the year, with like-for-like sales increasing by 2.6%. However, sales momentum sharply declined in June due to record-breaking heat, leading to reduced foot traffic and weaker demand for core products.
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