Greggs Plc – Trading Update 18.5.2017

Highlights

 

·    Total sales up 7.5% in first 19 weeks of 2017 (2016: 5.7%)

·    Company-managed shop like-for-like sales in the first 19 weeks up 3.6%     (2016: 3.7%)

·    87 shop refits completed

·    42 new shops opened, 14 closures

·    Further growth at breakfast, in drinks and 'Balanced Choice' options

·    Good progress with investment in systems and supply chain

Trading performance

 

Total sales for the 19 weeks to 13 May 2017 grew by 7.5 per cent and like-for-like sales in company-managed shops grew by 3.6 per cent over the same period.

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