Greggs issues profit warning
Food-to-go giant Greggs has issued a profit warning, saying that it was dealing with strong year-on-year sales comparatives and ballooning costs across the business.
In an unscheduled trading update for the 26 weeks to June 28, 2025, Greggs said its board anticipates that full year operating profits could be “modestly below” that achieved in 2024 – despite “acknowledging” that like-for-like sales would be “less demanding in the second half”.
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