Greggs Reports Decrease in Profits Due to Weather Conditions

• Greggs' profits decreased by 14.3% due to weather conditions
• The company plans to open 350 new stores
• Consumers are saving, choosing healthier options

Greggs, the largest bakery chain in Great Britain, announced a 14.3% decrease in profits to £63.5 million for the first six months of 2025, compared to the previous year. This was due to a reduction in demand for takeaway due to poor weather, when consumers preferred cold snacks.

Greggs' Chief Executive, Roisin Currie, emphasized that the brand has reached "peak Greggs," stating that there are still significant opportunities for expansion. The company plans to open approximately 350 new stores, with nearly 150 of them this year.

Despite the decrease in profits, total sales increased by 7% to £1.03 billion. The company noted that sales in stores managed without a franchise increased by 2.6%. Currie mentioned that consumers are tightening their budgets and are more cautious about spending, which is reflected in the frequency of store visits.

Greggs is also facing rising costs and challenging market conditions, including unpredictable weather, which has impacted store traffic.

The company continues to develop its assortment, including plans to launch a line of frozen products in Tesco supermarkets starting in September.

Tags: Europe/Economy