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Greggs H1 Earnings Call Highlights
['Sarita Garza']
Markets Daily
Hutton said estate expansion contributed roughly twice as much sales growth as company-managed like-for-like sales.
Greggs now expects overall cost inflation of about 2% for 2026, compared with an earlier expectation of 3%.
Greggs also expects to receive an annualized benefit of approximately £3.5 million from lower business rates beginning in April.
The company now expects net shop growth of 100 to 110 locations this year, compared with prior guidance of 120.
Greggs also has three self-service Greggs Express trials operating in petrol forecourts, offering coffee, hot food and sweet treats within partner retail spaces.