‘Peak Greggs’? Bakery chain’s profits slump and sales slow | Greggs

‘Peak Greggs’? Bakery chain’s profits slump and sales slow | Greggs

Greggs has reported a slump in profits because it bemoaned “challenging” market situations hitting client confidence and disposable revenue, amid pressure to prove the UK has not hit “peak Greggs”. The excessive avenue bakery chain, recognized for its sausage rolls and steak bakes, mentioned statutory pre-tax profits fell by 17.9% to £167.4m for the yr…

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