UK’s Greggs feels the heat; shares dip as hot weather cools sales of hot bakes

Greggs, the well-known UK high-street baker, famous for its sausage rolls and hot savoury bakes, announced on Wednesday that uncharacteristically hot weather in June negatively impacted its sales for the month. The bakery chain experienced a roughly 15% drop in its share price on Wednesday.  The decline in shares of Greggs followed a trading update […]