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Despite record sales, Greggs' shares drop 10.6% due to slowed growth and economic concerns.
UK bakery chain Greggs reported record annual sales of £2 billion, up 11.3%, and plans to open 150 new stores in 2025.
Despite the success, the company's shares fell 10.6% due to a slowdown in sales growth and weak consumer confidence, exacerbated by rising cost of living concerns.
Greggs also announced a £20.5 million profit share for its staff, with long-serving employees receiving up to £850 each.
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A pesar de las ventas récord, las acciones de Greggs bajan un 10,6% debido a la ralentización del crecimiento y las preocupaciones económicas.