Home Business News Greggs sales surge in 2022

Greggs sales surge in 2022

by LLB Reporter
5th Jan 23 10:04 am

Greggs sales surged by almost a quarter during 2022 even though there was a price increase of their backed goods.

Over the 12 months total sales rose 23% and hit £1.51 billion compared to £1.23 billion the previous year.

Greggs chief executive Roisin Currie told PA, “Luckily for us, we have got a very diverse portfolio of shops, and therefore, where there were hits in transport locations and some city centres, if customers were displaced in one location but shopped in another, then we would see trading pick up there.

“But there is no doubt that train strikes definitely had an impact.”

Currie added, “While market conditions in 2023 will remain challenging, our value-for-money offer of freshly prepared food and drink is highly relevant as consumers look to manage their budgets without compromising on quality and taste.”

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