Greggs cools annual profit hopes

Updated

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%

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