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Evening Standard
Evening Standard
Business
Jonathan Prynn

Greggs shares soar as sales recover from summer heatwave slump

Greggs’ store in Leicester Square (Matt Alexander/PA) - (PA Archive)

The end of the summer heatwave has brought relief to bakery chain Greggs after sales wilted in the scorching temperatures of June and July.

The company’s shares leaped more than 8% as the company told shareholders trading had picked up in cooler August and September. Even so like for like sales in company managed shops in the 13 weeks to 27 September grew by just 1.2% compared with 2.2% for the year to date.

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