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UK's Greggs falters on subdued consumer confidence
Greggs grew sales by 6.8% in 2025 with market share gains but expects flat profits in 2026 due to subdued consumer confidence and ongoing cost pressures.
- Greggs expects its profit to remain flat in 2026 due to subdued consumer confidence in the food retail sector.
- Despite cost inflation, Greggs aims to retain its value leadership by continuing to mitigate costs while growing market share.
- Household disposable income is under pressure, forcing consumers to make choices about spending, according to Greggs' chief executive.
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20 Articles
20 Articles
Greggs sales up despite consumer jitters, but shares hit – Northern Financial Review
Newcastle-based Greggs said on Thursday that total sales for its financial year 2025 rose 6.8% to £2.151 billion, with like-for-like sales in company-managed shops 2.4% higher than those seen in 2024. However, Greggs shares fell about 10% as it warned that “subdued consumer confidence” has continued to impact the food-to-go market and it expects consumer confidence to “remain a market headwind.” Greggs shares are now down about 40% for the past…
Coverage Details
Total News Sources20
Leaning Left3Leaning Right0Center8Last UpdatedBias Distribution73% Center
Bias Distribution
- 73% of the sources are Center
73% Center
L 27%
C 73%
Factuality
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