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Heavy snow and heatwave blamed for 14% profit loss at UK bakery chain Greggs

"Heavy snow and strong winds in January and unusually hot weather in June had a material impact on consumer behaviour."
Melodie Michel
Heavy snow and heatwave blamed for 14% profit loss at UK bakery chain Greggs
Photo by Zach Rowlandson on Unsplash

UK bakery chain Greggs has posted a more than 14% reduction in operating profit between the first half of 2024 and the same period in 2025 – which it partially blames on heavy winter snow and unusually hot weather in June.

The company’s operating profits before tax dropped from £74.1 million in H1 2024 to £63.5 million in 2025. Presenting its H1 results at the end of July 2025, Greggs Chief Financial Officer Richard Hutton said that unusually hot weather in June impacted sales, as “hot weather just makes people eat less”. 

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