Greggs’ Sweet Success: 7.4% Sales Spike & 2,500 Stores!
Hey there, foodies! Turns out our favorite British bakery has been on a roll this year, kicking off the first 19 weeks with a tidy 7.4% rise in like‑for‑like sales. That’s one big cheerio for our pastries and, honestly, a bit of a “yum” moment for everyone involved.
New Milestones & Fresh Flavours
- 2,500 shops nationwide – yes, our pasty dreams have stretched across the whole country.
- Opened 27 new stores this year, tightening the network around even more towns.
- Triumph of the ice‑drink range – now hitting 300 more locations, turning hot days into chill thrills.
Greggs CEO says, “We’ve had a solid start to the year with steady growth, even when the market’s a bit of a stew. Super proud of how our plans are playing out.”
Financial Pulse
Charlie Huggins from Wealth Club noted: “Greggs is starting 2024 on a high note. With no major shift in cost‑inflation outlook, the company’s already reaffirmed its full‑year guidance. In plain speak, they’re holding steady, not lagging behind.”
Still Strong, Still Sweet
Despite a chilly economy, the brand keeps resonating with UK consumers. The combo of new branches, extended opening hours, and menu expansions – think pizza, pasta, and that unforgettable “barmbrack” vibe – keeps the momentum rolling.
And hey, while !Pasties! may travel far, those share prices don’t need to be as light as the bite itself. Greggs still needs to keep that growth engine humming to keep investors smiling.
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