29-07-2025
Greggs Shares Fall to Lowest Since Pandemic as Profit Declines
Greggs Plc 's shares fell to the lowest since 2020 after the UK bakery chain reported a drop in profit in the first half of the year.
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.
