Greggs cautions that profits will not recover until 2022 ‘at earliest’

Greggs does not expect profitability to recover until 2022

Food-on-the-go specialist Greggs has warned that profits will not return to pre-pandemic levels until 2022 “at the earliest”.

Greggs reported that annual sales in the year just ended came in at £811m, compared to £1.17bn in 2019.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.