LFL sales shift into reverse at Greggs

Hot snacks seller Greggs ended 2011 on a roll with like-for-like sales growth picking up sharply in the fourth quarter, but 2012 has got off to a slow start.

Hot snacks seller Greggs ended 2011 on a roll with like-for-like sales growth picking up sharply in the fourth quarter, but 2012 has got off to a slow start.

Sales growth in 2011 was a bit more than the market expected after a strong finish to the year while the profit before tax figure was a tad under-baked.

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