Greggs Reports Sales Growth, Raises Prices, and Warns of Iran Conflict Impact
UK bakery chain Greggs reported a 7.4% rise in total sales to £800 million, driven by new menu items like chicken rolls and matcha drinks appealing to younger customers. The company is expanding with 41 new stores and its first international outlet in Tenerife. However, Greggs raised meal deal prices due to operational costs and warned that prolonged conflict in Iran could drive further inflation through 2027. Despite these macroeconomic headwinds, the retailer remains optimistic about serving value-conscious consumers.
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Greggs Raises Meal Deal Prices and Warns of Iran War Cost Impact
UK bakery chain Greggs has increased the prices of its popular breakfast and lunch meal deals, citing rising operational costs. The two-part breakfast deal now costs £3.25, up from £3.15, while the core lunch deal has risen to £4.25 and the 'big deal' to £5.25. Chief Executive Roisin Currie announced these changes alongside a warning that prolonged conflict in the Middle East, specifically involving Iran, could drive further cost inflation through late 2026 and into 2027. Although Greggs has mitigated immediate impacts through fixed-price energy and supply agreements, the company anticipates passing significant future inflationary pressures onto customers. Despite these challenges, Greggs reported improved sales performance, with like-for-like sales in company-managed shops rising by 3.3% in the most recent ten weeks. This growth is attributed to new menu items targeting health-conscious and younger demographics, such as chicken rolls and matcha drinks. Additionally, the retailer continues its expansion strategy, having opened 41 new stores in 2026 so far, and is set to launch its first international outlet at Tenerife South airport.
The StandardGreggs Sales Rise as Healthier Menu Attracts Younger Customers
UK bakery chain Greggs reported a sales increase driven by the successful launch of new, healthier menu items aimed at attracting younger demographics. The introduction of the chicken roll in April was described as a standout product, rapidly becoming a customer favorite. In the first 19 weeks of 2026, sales in company-managed shops rose by 2.5 percent, with total sales increasing 7.4 percent year-on-year to £800 million. Chief Executive Roisin Currie attributed this growth to a strategic shift towards options higher in protein and fiber, aligning with trends among consumers using weight loss drugs. New offerings include Tandoori Chicken pizza slices, chicken Caesar salads, and matcha drinks. Despite warnings that the ongoing Middle East conflict could drive cost inflation into 2027, Greggs maintained its annual outlook, noting no immediate supply shortages unlike the disruptions seen during the Ukraine invasion. The company continues its expansion strategy, having opened 41 new shops in 2026 while closing 21, with plans for net growth of 120 stores. Additionally, Greggs selected Tenerife for its first international outlet. Following the positive financial update, Greggs shares rose 3.75 percent, recovering some losses from the previous year.
Articles | Mail OnlineGreggs Raises Meal Deal Prices and Warns of Iran War Cost Impact
UK bakery chain Greggs has increased the prices of its popular breakfast and lunch meal deals, citing rising operational costs. The two-part breakfast deal now costs £3.25, up from £3.15, while the core lunch deal has risen to £4.25. CEO Roisin Currie announced these changes alongside a caution that further price hikes may occur if the ongoing conflict in the Middle East, specifically involving Iran, continues to drive inflation. The company expects overall costs to rise by approximately 3% in 2026 but has mitigated some impacts through fixed-price energy and supply agreements. Despite consumer budget concerns, Greggs reported a sales improvement, with like-for-like sales in company-managed shops increasing by 3.3% in the most recent 10 weeks. This growth is attributed to new menu items, such as chicken rolls and matcha drinks, which appeal to younger and health-conscious customers. Additionally, Greggs is expanding its physical presence, aiming for a net increase of 120 stores in 2026, and is set to open its first international outlet at Tenerife South airport. The retailer emphasizes its strategy of offering value while adapting to consumer trends amidst geopolitical uncertainty.
The StandardGreggs Reports Sales Growth Driven by New Menu Items and Expansion
UK bakery chain Greggs has reported stronger sales figures for the first 19 weeks of 2026, driven by the successful introduction of new menu items such as chicken rolls and matcha drinks. Like-for-like sales in company-managed shops increased by 2.5%, while total sales rose by 7.4% year-on-year to £800 million. The company attributes this growth to appealing to younger customers and meeting demand for healthier, protein-rich options like salads. Alongside menu innovation, Greggs is actively expanding its physical presence, having opened 41 new stores in 2026 with a net target of 120 openings for the year. Notably, the retailer is launching its first international outlet at Tenerife South airport later this month. Despite the positive financial performance, Greggs issued a caution regarding future costs. The company warned that prolonged conflict in the Middle East, specifically referencing the war in Iran, could lead to higher energy costs and overall cost inflation through the end of 2026 and into 2027. Nevertheless, Greggs remains positioned to attract value-conscious consumers amidst the uncertain economic environment.
The StandardGreggs Reports Sales Growth Amid Menu Expansion and International Launch
UK bakery chain Greggs has reported a 7.4% year-on-year increase in total sales, reaching £800 million, driven by the successful introduction of new menu items such as chicken rolls and matcha drinks. The company noted that these additions, along with healthier options like salads, are attracting younger customers and those seeking value. In the first 19 weeks of 2026, like-for-like sales in company-managed shops rose by 2.5%. Greggs is actively expanding its physical presence, having opened 41 new stores in 2026 while closing 21, with a net target of 120 new openings for the year. A significant milestone includes the upcoming launch of its first international outlet at Tenerife South airport, aiming to capture traffic from the busy travel hub. However, the retailer warned investors that prolonged conflict in the Middle East, specifically involving Iran, could lead to higher energy costs and increased inflation through 2027. Despite these macroeconomic headwinds, Greggs remains optimistic about its ability to serve cost-conscious consumers in an uncertain economic environment.
The Standard