Mamta Valechha, retail equity analyst at Quilter Cheviot, said:“Another robust trading update from Greggs this morning. For the third quarter ended September, total sales were up 10.6% and up 5% on a like-for-like basis. While this is softer than the 7% run rate we saw in the first half, reflecting a relatively soft July and August, Greggs mentioned that September was its strongest month, suggesting an acceleration into Q4. This growth is being driven by new menu developments, extended trading hours, and progress in its digital channels.
Autumn brings the return of strong growth at Greggs after summer slowdown
