Greggs stock reports 7.70 percent Q3 sales growth and proposes manufacturing changes
Published on 09/30/2026 at 22:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Greggs reported total sales growth of 7.70 percent in the third quarter of 2026, covering the 13 weeks to September 26, 2026. Company-managed shop like-for-like sales rose 3.40 percent against the comparable period in 2025, according to the RNS announcement.
Trading and 2026 outlook
For the first 39 weeks of 2026, Greggs said total sales increased 7.40 percent and like-for-like sales in company-managed shops rose 2.60 percent. The company attributed the improvement to menu innovation and more settled weather in August and September. Greggs said it now expects a modestly improved outcome for 2026, while like-for-like cost inflation is expected to remain around 2.00 percent. These details were reported in the RNS announcement.
Manufacturing consultation
Greggs said it had launched a consultation on proposals that could lead to the closure of four manufacturing sites. The proposals could result in about 740 roles becoming redundant over two and a half years, but remain subject to consultation with trade unions and employee representatives, the RNS announcement said.
The proposed changes would involve cash costs of about GBP 60.00 million, including approximately GBP 40.00 million in capital expenditure. Greggs expects annual pre-tax operating cost savings of about GBP 20.00 million once the program is completed, with benefits anticipated across the 2028 and 2029 financial years, according to the RNS announcement.
