Greggs Plc reported a drop in first-half profit on Tuesday, pinning part of the blame on the weather.
In the 26 weeks to 28 June, pre-tax profit fell 14.3% to £63.5m, with total sales up 7% to £1.03bn. Operating profit declined to £70.4m from £75.8m in the same period a year earlier.
Company-managed shop like-for-like sales rose 2.6%, while franchised shop LFL sales were ahead 4.8%.
The bakery chain said the first half was affected by "challenging" market footfall, more weather disruption than in 2024, and the phasing of cost headwinds.
Greggs had already cautioned earlier in July that full-year operating profit could be modestly below" that achieved in 2024. It said at the time that LFL sales in June were impacted as very high temperatures increased demand for cold drinks but reduced overall footfall.
Chief executive Roisin Currie said on Tuesday: "After a challenging start to 2025 we remain clear on the strategic opportunities that lie ahead. Through our disciplined estate expansion and focus on innovation, Greggs is evolving its offer further and making the brand more convenient for a wider range of customers.
"The outlook for cost inflation is unchanged and we are making great progress in building the supply chain infrastructure that will support the next phase of growth. The board's expectations for the full year are consistent with the guidance provided in our last trading update on 2 July."