Greggs sales beat pre-pandemic levels as high street stores reopen

Business

Greggs has bumped up its profit outlook after a “significant pick-up in sales” as non-essential retailers reopened.

The bakery chain said the increase partly reflected “pent-up demand for retail which has boosted high street footfall”.

Greggs said that like-for-like sales in the period since the easing of restrictions on 12 April were ahead of pre-pandemic levels in 2019.

The group said that while there remained “considerable uncertainty” its profits for the year could be around 2019 levels which would be “materially higher” than previous expectations.

Products You May Like

Articles You May Like

FireAid Concert Announced to Benefit California Wildfire Victims
RMT union boss Mick Lynch announces retirement | Money News
Jean-Marie Le Pen was divisive and difficult – but he changed the shape of French politics | World News
Tenable Chair and CEO Amit Yoran dies after cancer battle
The Truth About Firefighter Boots: Why JK Superduty’s Chunky Heels Are Actually Genius