Greggs first-half profit rises 20% on grocery growth UK fast food chain keeps full-year outlook unchanged30 July 2026 30 July 2026 1 minute read 1 minute read By: By: Global Ag Media EuropeGreggs, Britain's biggest fast-food chain, reported a 20% rise in first-half profit on Wednesday, as it opened more stores and sold more products in supermarkets, sending its shares sharply higher, reported Reuters. Greggs said it saw strong sales growth in the grocery retailing channel as it further developed partnerships with Tesco, Britain's biggest food retailer, and Iceland Foods. However, Greggs is targeting 100 to 110 net new shops in 2026 and is also trialling "bitesize" and "Express" self-service outlets. Greggs said its expectations for the full-year outcome were unchanged, with underlying ⁠pretax profit seen at a similar level to last year's £172 million. It had already flagged that higher costs from capacity investment were expected to result in second-half profit reducing year-on-year.