Greggs has posted strong sales in Q3, despite being faced with one of the longest British summers ever.
Total sales grew by 7.3% in the weeks leading up to September 29th.
Greggs are pleased with the performance, saying: “We were pleased with our trading performance during a period that included a long spell of hot weather, which made sales patterns more difficult to predict. This and the resulting mix of sales led to a lower-than-normal trading margin in the first part of the quarter, offset by improved trading as we came into September.”
An extended range of breakfast deals helped to achieve these sales, as well as their new focaccia style pizzas.
Greggs’ main focus for the year remains on supply chain. It is currently investing heavily in new consolidated manufacturing platforms at its sites in Leeds, Manchester and Newcastle.
Greggs has closed 35 stores in the year to date, but has opened 93 new stores. It wants to have opened 100 net new store openings by the end of 2018.
