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Greggs Sees Profit Drop Despite Rising Sales and Expansion

3/4/2026

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Story summary
  • Greggs plc reported a 17.9% drop in pre-tax profit to £167.4 million for the year ending 27 December 2025, amid weak consumer confidence.
  • Total sales rose 6.8% to £2.15 billion, though growth slowed at the start of 2026.
  • Greggs plc opened 121 new stores in 2025 and aims for 3,000 UK locations.
  • Analysts remain mixed: some note slowing trading, others cite menu adaptations and longer hours to attract evening customers.