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The Markets
by Proactive
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The Markets
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Proactive UK has moved.
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Retail

Greggs to extend delivery roll-out with Uber Eats partnership

Greggs PLC (LSE:GRG) reported continued strong growth in sales in the third quarter, supported by a rise in evening trade and use of its app.

The retailer, famous for its value sausage rolls, said sales rose 20.8% in the 13 weeks to 30 September with company-managed shop like-for-like sales up 14.2%.

The FTSE 250-listed firm revealed evening trade represented 8.8% of company-managed shop sales, up from 8.3% a year ago, while Greggs app participation grew to 13.1% of company-managed shop transactions scanned, up from 10.6%.

Greggs is also set to roll out its delivery service with a second delivery partner, Uber Eats, following a successful trial with Just Eat.

It expects to have around 500 shops live with Uber Eats by the end of October 2023, with further expansion to come in 2024.

Around 135 and 145 net shop openings are expected in 2023 and Greggs said it had seem some easing in cost inflation.

The full-year outcome is expected to be in line with previous expectations.

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