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Greggs’s health kick pays off as salads and yoghurts help lift sales | |
(about 3 hours later) | |
Greggs, the high street bakery chain, has reported rising sales over the summer, boosted by demand for its healthier range. | Greggs, the high street bakery chain, has reported rising sales over the summer, boosted by demand for its healthier range. |
The baker, known for its pasties and sausage rolls, said total sales rose 5.6 per cent in the 13 weeks to 1 October helped by the popularity of its low calories products such as salads and yoghurts from its ‘Balanced Choice’ range. | |
Like-for-like sales, which include shops that have been open for more than a year, jumped by 3.4 per cent. | Like-for-like sales, which include shops that have been open for more than a year, jumped by 3.4 per cent. |
Its breakfast offering – including the popular £2 breakfast roll and hot drink meal deal – was also among the fastest growing parts of its business. | |
“The popularity of our summer menu including an extended range of Balanced Choice salads and yoghurts supported sales growth in the period,” the company said in a statement. | |
“We also saw continued strong growth at breakfast time, helped by our strong coffee offer and value deals.” | |
The baker, which operates more than 1,700 retail outlets, is now two years into its five-year strategic plan to shift from a traditional bakery business to focus on Britain’s £6bn food-to- go market. | |
The Newscastle-based firm has already launched its autumn and winter menu which includes new lower-calorie bakes and soups along with a range of new snacks with gluten-free options. | The Newscastle-based firm has already launched its autumn and winter menu which includes new lower-calorie bakes and soups along with a range of new snacks with gluten-free options. |
So far this year, Greggs has refurbished 145 shops and is on track to refurbish around 200 over the full year. | |
It has opened a net 45 stores, with a net of about 70 planned for the year. | It has opened a net 45 stores, with a net of about 70 planned for the year. |
Shares in Greggs were up by nearly 2 per cent in Tuesday morning trading. | |
Additional reporting by Reuters | Additional reporting by Reuters |
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