Greggs reports strong H1 2026 profits amid menu and store expansion

Greggs reported strong financial results for the first half of 2026, ending June 27. Pre-tax profit rose 19.7% to £76 million on revenues of £1.1 billion, a 7.2% increase. Operating profit saw a more significant climb of 22.9%, reaching £86.5 million.

Growth was supported by a 2.1% increase in like-for-like sales for company-managed shops. The company attributed success to menu upgrades, including new items like matcha drinks and chicken rolls, as well as expanded grocery partnerships. Greggs also noted a promising start for its first international outlet at Tenerife South Airport.

Following a recent surge in share price, the dividend yield has reset to approximately 3.5%, based on a full-year forecast of 69p per share. The interim dividend was maintained at 19p per share. CEO Roisin Currie indicated that the company is entering a phase of strong free cash generation as major capital expenditure projects, such as the Derby manufacturing and logistics facility, near completion.