Greggs maintains profit guidance as sales rise

Greggs pizza

Greggs has reported an increase in sales and profits following “strong trading momentum” in its first half of the financial year and has maintained its full-year guidance.

The food-to-go retailer posted pre-tax profit of £80m for the 26 weeks to July 1, 2023, up from £55.8m during the same period last year.

Greggs also reported a 21.5% jump in total sales from £694.5m to £844m for the period, while like-for-like sales increased 16% year on year.

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