New store openings and the growing popularity of Greggs in the evening have helped the high street bakery brand to generate sales of £1.5bn.
A record 186 new shop openings during 2022 helped the Newcastle-based firm attract more customers close to pre-pandemic levels, it said in preliminary results published to the London Stock Exchange. Greggs chief executive Roisin Currie described a year of strong growth in which pre-tax profits climbed to £148.3m as sales of pizza and chicken goujons increased.
Greggs also highlighted growth in its evening trade with 500 stores now open until 8pm with post-4pm sales now among the fastest growing. This year the firm said it planned to extend opening times at 300 shops to 9pm with trials of 24 hour drive-thru locations.
