Greggs Q3 sales up 21% amid store openings and extended trading hours
As a result of all this the company’s full year outcome expected is to be in line with its previous expectations
Greggs has announced that its total sales rose 20.8% for the 13 weeks to 30 September 2023.
Alongside this the company-managed shop like-for-like sales were up 14.2% as a result extended trading hours and increased app usage.
Evening trade represented 8.8% of company-managed shop sales while 13.1% of company-managed shop transactions scanned on the Greggs app.
Greggs has seen a net of 82 new shops opened in the year-to-date with 144 openings and 62 closures.
The company expects between 135 and 145 net shop openings in 2023 and around 40 relocations.
Greggs is also rolling out its delivery service with a second delivery partner, Uber Eats, following a successful trial.
As a result of all this the company’s full year outcome expected is to be in line with its previous expectations.
