Greggs has seen its total sales increase by 7.4% year-on-year in the first 20 weeks of 2025, reaching £784m.

The bakery chain’s like-for-like (LFL) sales grew by 2.9% in the period, with improved performance in the last 11 weeks supported by better trading conditions.

Greggs added that it has continued its "proactive management" of its shop estate, after opening 66 new shops in the first 20 weeks of 2025, including 15 openings with its franchise partners and four new drive-thrus.

With 46 shop closures, which includes 21 relocations, its shop portfolio now stands at 2,638 properties.

It stated that product innovation is also playing its part in its performance in this period, with its over-ice drink range performing well and its made-to-order range proving popular with customers across the more than 300 stores that it is currently available in.

Looking ahead, Greggs said that its improved LFL sales performance has been delivered in a "challenging market context".

With the bakery firm's investment programme remaining on track and with no change to its cost inflation, it expects full-year LFL sales to increase by 6% year-on-year.

It also added that its expectations for the full-year remain unchanged.

Head of money and markets at Hargreaves Lansdown, Susannah Streeter, said that Greggs’ latest results have replaced the "half-baked performance" delivered in the first quarter, but warned of upcoming challenges through the rest of the year.

She stated: "Better trading conditions, including more clement weather, has boosted custom for its stores in high streets. Now that flaky sales have turned into a firmer crust of revenues, it’s given investors more appetite for the company. There will be hopes that wider menu choices will help fill more rumbling tummies in the future.

"Nevertheless, the company is still expecting a challenging environment ahead. Greggs has raised prices on some products this month, coming off the back of other price rises in January. But the company is now sticking to its full-year forecasts, and has powered ahead with new store openings, clearly confident its ranges will keep satisfying communities."

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