Greggs has reported a 20% increase in first-half profit, driven by aggressive store expansion and accelerating growth in its grocery retail division.
The UK's largest fast-food chain, best known for its sausage rolls, posted the strong results as it continues to diversify beyond its traditional bakery offerings.
The profit jump underscores the company's successful strategy to broaden its product range and footprint.
While core bakery sales remain robust, the grocery segment has emerged as a significant contributor to the group's financial performance, helping to offset softer consumer spending in other parts of the retail sector.
This performance aligns with a broader trend of resilience among UK high street retailers.
Recent results from peers such as Currys, which reported an 18% rise in profit for the 2025/26 fiscal year, suggest that companies with strong operational discipline and diversified revenue streams are better positioned to navigate the current economic environment.