Greggs expands but consumer footfall declines

Sales growth faltered in the second half of the year

Published on January 9, 2025

Record annual store openings
Consumer prospects are dimming

Based on Greggs’ (GRG) performance during lockdown, you could be forgiven for thinking that the UK market for pastries might be bullet-proof. The company’s latest full-year update shows that it is not immune to macroeconomic effects.

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