Greggs cools annual profit hopes
Sandwich chain Greggs was counting the cost of the bleak winter as it warned that annual profits will be short of City hopes.
The Newcastle-based company, which has 1,681 shops, said the adverse weather in January and March was a big factor in a 4.4% drop in like-for-like sales in the 17 weeks to Saturday.%VIRTUAL-SkimlinksPromo%