Britain’s Greggs shows resilience with quarterly sales rise

LONDON (Reuters) – British baker and fast food chain Greggs said on Tuesday it traded well in its latest quarter, showing its resilience against the backdrop of a worsening cost of living squeeze.

Greggs, known for its sausage rolls, steak bakes, vegan snacks and sweet treats, said like-for-like sales rose 9.7% year-on-year over the 13 weeks to Oct. 1. It said the full-year outcome was expected to be in line with previous expectations.

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