Greggs bakery sales up nearly a fifth in past year

Greggs says income person gone up astir a 5th compared to this clip successful 2022, saying its nutrient remains "compelling" to customers successful the cost-of-living crisis.

The bakery chain, which opened its archetypal store successful Newcastle successful 1951, opened 63 caller shops this twelvemonth and extended immoderate opening hours.

The institution said blistery nutrient similar chickenhearted goujons, wedges and pizza were popular, adding full income were up 17% connected 2022.

But it said ostentation and pressures connected incomes remained challenging.

It said though it was assured its "outstanding worth proposition continues to beryllium compelling".

In the past twelvemonth Greggs has opened the caller shops but closed 25 franchises, leaving it present with much than 2,360 outlets.

The emergence successful 2023 was partially due to the fact that the opening of past twelvemonth was impacted by the Omicron variant of coronavirus, Greggs said.