{"id":205581,"date":"2026-07-29T12:09:48","date_gmt":"2026-07-29T12:09:48","guid":{"rendered":"https:\/\/tahrir2day.com\/news\/2026\/07\/29\/matcha-and-protein-pivot-pays-off-for-greggs-as-profits-rise\/"},"modified":"2026-07-29T12:09:48","modified_gmt":"2026-07-29T12:09:48","slug":"matcha-and-protein-pivot-pays-off-for-greggs-as-profits-rise","status":"publish","type":"post","link":"https:\/\/tahrir2day.com\/news\/2026\/07\/29\/matcha-and-protein-pivot-pays-off-for-greggs-as-profits-rise\/","title":{"rendered":"Matcha and protein pivot pays off for Greggs as profits rise"},"content":{"rendered":"<div >\n<p ><b >Greggs&#8217;s pivot towards healthier products and trending drinks has helped it boost sales, with the bakery chain reporting a 20% rise in profit over the first half of the year.<\/b><\/p>\n<p >Greggs, the UK&#8217;s largest fast-food chain, has launched a range of new products this year, many of which latch onto trends such as high-protein salads and matcha.<\/p>\n<p >Greggs&#8217;s chief executive Roisin Currie previously told BBC News the rise of weight-loss drugs has led customers to to look for &#8220;smaller portions&#8221;, which could affect its bottom line.<\/p>\n<p >Total sales for the bakery topped \u00a31.1 billion for the 26 weeks to the end of June &#8211; 7.2% higher than the same period a year ago.<\/p>\n<p >Pre-tax profit for the first half of the year was \u00a376.0m &#8211; up from \u00a363.5m for the first six months of 2025.<\/p>\n<p >Currie said the company was &#8220;broadening and innovating our menu in line with changing tastes and trends&#8221;.<\/p>\n<p >The company relaunched its salad range in May, &#8220;adding protein and increased choice for customers&#8221;.<\/p>\n<p >It is also trying to appeal to &#8220;new and younger customers&#8221; through its new iced matcha lattes, and to health-conscious consumers by making nutritional information on its labels clearer.<\/p>\n<p >Greggs, which has more UK outlets than McDonald&#8217;s, opened 34 stores in the first half of 2026. That brings the total to 2,773, taking into account 31 store closures.<\/p>\n<p >More than half of the new openings were in areas with no Greggs stores within a mile.<b > <\/b>A similar proportion opened away from the High Street in locations including petrol forecourts, supermarkets, retail parks, hospitals and university campuses, it said.<\/p>\n<p >Currie said Greggs is monitoring customer behaviour to ensure new stores boost visits &#8220;without cannibalising existing shop sales&#8221;.<\/p>\n<p >She also said Greggs had no price rises planned after its breakfast, lunch and &#8220;big&#8221; deals went up in May, following multiple hikes last year.<\/p>\n<p >&#8220;Our prices are in a good place and we will now be working hard to protect the consumer and making sure that we can offer that value throughout the rest of the year,&#8221; she said.<\/p>\n<\/div>\n<div >\n<p >Susannah Streeter, chief investment strategist at Wealth Club, said the results showed that &#8220;there&#8217;s still healthy appetite for affordable treats&#8221; even as many consumers become more health-conscious.<\/p>\n<p >&#8220;It&#8217;s also proving nimble at keeping pace with the latest food trends, showing it can compete with far more premium cafes.<\/p>\n<p >&#8220;The iced matcha latte has emerged as one of the hits of its latest menu revamp, demonstrating that the bakery chain can blend social media-inspired tastes with its trademark value offering.&#8221;<\/p>\n<p >She added, however, that the company is warning investment in expanding its supply chain will weigh on profits for the rest of 2026 unless customer confidence improves.<\/p>\n<p >Julie Palmer, managing partner at BTG Consulting, said Greggs has proved resilient against &#8220;weight-loss drugs, low spending and confidence, and rising employment and business costs&#8221;.<\/p>\n<p >&#8220;After a summer of sport, beer gardens and heatwaves, Greggs will be banking on autumn and winter seeing demand for its hot pastries and convenient on-the-go products returning. <\/p>\n<p >&#8220;Keeping prices low and continuing to expand product ranges to meet changing food trends will be key to luring people back into its vast number of stores to achieve this.&#8221;<\/p>\n<p >Last year Currie addressed questions about whether &#8220;peak Greggs&#8221; had been reached after its rapid expansion, saying &#8220;we have gone out&#8230;to demonstrate that this is not the case&#8221;. <\/p>\n<p >The group is targeting around 100 to 110 net new shops in 2026 and trialling a &#8220;bitesize&#8221; format and a self-service &#8220;Greggs Express&#8221; format. Its store numbers could go as high as 3,500.<\/p>\n<p >Greggs said its expectations for the full year outcome were unchanged &#8211; 2026 underlying pre-tax profit at a similar level to 2025&#8217;s \u00a3172m.<\/p>\n<p >The chain had already flagged that higher costs from investment in new stores was expected to result in second half profit reducing year-on-year.<\/p>\n<p >It added 6.9% of its sales now come from home delivery. It called this an &#8220;opportunity&#8221; for growth and noted customers tend to spend three times as much on home deliveries as they do in store.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Greggs&#8217;s pivot towards healthier products and trending drinks has helped it boost sales, with the bakery chain reporting a 20% rise in profit over the first half of the year. Greggs, the UK&#8217;s largest fast-food chain, has launched a range of new products this year, many of which latch onto trends such as high-protein salads [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-205581","post","type-post","status-publish","format-standard","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v18.1 (Yoast SEO v18.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Matcha and protein pivot pays off for Greggs as profits rise - Tahrir News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tahrir2day.com\/news\/2026\/07\/29\/matcha-and-protein-pivot-pays-off-for-greggs-as-profits-rise\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Matcha and protein pivot pays off for Greggs as profits rise\" \/>\n<meta property=\"og:description\" content=\"Greggs&#8217;s pivot towards healthier products and trending drinks has helped it boost sales, with the bakery chain reporting a 20% rise in profit over the first half of the year. 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