Heatwave hits Greggs sales – London Business News | Londonlovesbusiness.com

Date:

Share:


Greggs the bakery chain has warned the heatwave has hit sales as they have seen less demand for hot food.

In the six months to 28 June like-for-like sales rose 2.6%, however in the high temperatures in June “impacted consumer purchasing patterns.”

Greggs said, “Like-for-like sales in June were impacted as very high temperatures affected the UK, increasing demand for cold drinks but reducing our overall footfall.”

In a statement Greggs added, “Whilst acknowledging that comparative like-for-like sales are less demanding in the second half of the year, in light of the current trading conditions the board now anticipates that the full-year operating profit could be modestly below that achieved in 2024.”



Source link

━ more like this

Even before the Xbox layoffs, there was ‘tension’ at Halo Studios

At least five employees at Halo Studios have been fired as part of company-wide layoffs at Microsoft on Wednesday, according to a developer...

Despite Protests, Elon Musk Secures Air Permit for xAI

A local health department in Memphis has granted Elon Musk’s xAI data center an air permit to continue operating the gas turbines that...

Microsoft gaming division suffers further layoffs

Last week, it was rumored that Microsoft was getting ready for a major round of layoffs within the Xbox team. Bloomberg is now...

Blizzard is giving up on its Warcraft mobile game amid layoffs

It's nearly the end of the road for Warcraft Rumble. Blizzard has announced that it will no longer be developing new content for...
spot_img