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Greggs have said that the unusually hot weather in June has had a negative impact on its sales of warm foods such as sausage rolls and steak bakes.
Sales of the company’s hot bakes were likely impacted by the recent heatwave in the south of the country, where temperatures reached approximately 33 degrees Celsius (91 Fahrenheit). British consumers ...
UK’s Greggs feels the heat; shares dip as hot weather cools sales of hot bakesGreggs, the well-known UK high-street baker, famous for its sausage rolls and hot savoury bakes, announced on Wednesday ...
Shares of the bakery chain plunged around 15% Wednesday after the company said unseasonably hot weather had hit customer footfall and dented sales in June.