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Business News: Bakers Greggs cut profit forecast by £3m

REELING bakery chain Greggs have been forced to slash their profit forecasts by £3million.

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Greggs cuts earnings forecasts as costs bite

Bakery chain Greggs cut its profit forecast after poor summer weather hurt sales and high ingredient costs ate into margins.

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Breaking Business News: Bakery chain Greggs cuts profits forecasts by £3m

Bakery chain Greggs is today blaming weather-hit sales and rising costs for its decision to cut £3m from full-year profit forecasts.

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Greggs cuts profits forecast

Bakery chain Greggs today blamed weather-hit sales and rising costs for its decision to cut £3 million from full-year profit forecasts.

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Greggs cuts profit forecast on wet summer food costs

Bakery chain Greggs cut its profit forecast after poor summer weather hurt sales and high ingredient costs ate into margins.

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Greggs blames profit fall on rain

Bakery chain reports low profits despite passing costs of fuel and raw materials to customers

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Greggs warns on profits as it pegs prices

Higher energy and ingredient costs have taken a bite out of increasing sales at Greggs, the bakery chain, which today gave warning that its full-year profits will be at least £3 million lower than forecast.

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Costs take a bite out of Greggs

POOR weather and a year of rising costs has prompted bakery chain Greggs to cut £3 million from its full-year profit forecasts.

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Greggs in £3m cut to profit forecast

BAKERY chain blamed weather-hit sales and rising costs for its decision to cut £3m from full-year profit forecasts.

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Bad weather hits Greggs' profits

While Greggs said like-for-like sales fell in the 16 weeks to 4 October, due to "extremely poor weather in August and early September", they rose 5.7% over the final three weeks.

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Greggs expects £3m shortfall in profits

The sandwiches retailer, warned profits would be £3m lower than it had previously expected and said it was cutting back capital spending by 10 per cent

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Greggs cuts profits forecast

BAKERY chain Greggs today blamed weather-hit sales and rising costs for its decision to cut £3 million from full-year profit forecasts.

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Investment Column: Greggs soothed by appetite for value

Our view: Tentative holdShare price: 3,209p (-217p)The pasty and sausage roll seller Greggs prides itself on its budget nosh for the masses, as its adverts starring the earthy Northern comic Paddy McGuinness tacitly imply. It hasn't had the best of years so far, but the market conditions could well make it one of the stronger performers in its sector.The group produced a disappointing interim...

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Greggs cuts profit forecast on costs and sales dip

LONDON (Reuters) - Bakery chain Greggs has cut its full-year profit forecast by 3 million pounds, blaming a weather-related dip in sales and a decision not to pass on higher costs to cash-strapped customers.

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Business News: Profits Crumble

Greggs The Bakers Firm Will Be £3m Down