Greggs Shares Fall to Lowest Since Pandemic as Profit Declines
Pre-tax profit fell 14% to £63.5 million ($84.7 million) from a year earlier, according to a statement Tuesday, which Greggs blamed on lower footfall, weather disruption and higher costs. The high street chain, known for its sausage rolls and steak bakes, called it a 'challenging start' to the year.
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