Bakery chain Greggs has reported a drop in early summer sales, attributing the slowdown to reduced customer demand during the recent hot weather.
In its first-half trading update, Greggs reported that sales in June were affected by the heatwave, noting that “very high temperatures across the UK boosted demand for cold drinks but reduced overall footfall.”
The group warned that “current trading conditions” may result in full-year operating profit coming in “modestly below” 2024 levels.
Like-for-like sales at the 2,085 company-managed Greggs stores rose by 2.6% in the first half of 2025, a slowdown from the 7.1% growth recorded during the same period in 2024.
Despite the slowdown in like-for-like sales, the bakery chain reported total revenue of just over £1 billion for the first half of 2025, marking an increase of nearly 7% compared to the same period in 2024.
Greggs opened 87 new shops and closed 56 during the period, and said it remains confident of achieving around 140 to 150 net openings by year-end.
The update follows news that Greggs’ chief executive, Roisin Currie, was awarded a CBE in the King’s Birthday Honours 2025 for her services to hospitality.
