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Greggs shares rise 4.1% as new chicken roll boosts sales growth to 3.3% in recent weeks

Market News
12 May 2026
Proactive Investors
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Bullish
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Greggs PLC shares climbed 4.1% following an improved sales performance, with like-for-like sales rising to 3.3% in the last 10 weeks of the first 19 weeks of 2026. The growth is attributed to menu innovations, notably the new chicken roll launched in April. Despite potential food inflation risks due to Middle East tensions, Greggs is well-hedged on costs and reiterated its guidance on new store openings and profit forecasts. Analysts see stabilizing volumes and expect stronger cash flow metrics in the future as capital investments complete.

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