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  • Greggs Shares Up 12.8% in May But Weather Concerns Loom
    May 30, 2026, 3:25 AM EDT. Greggs (LSE:GRG) shares rose 12.8% in May, boosted by a 3.3% like-for-like (LFL) sales increase over 10 weeks to 10 May, reversing a 2022 downtrend. However, the recent record-breaking May heatwave hitting 35 degrees Celsius-the same temperature linked to a profit warning last July-raises concerns about sustaining growth. Hot weather tends to reduce demand for warm food items like sausage rolls, potentially threatening future LFL sales momentum and Greggs' share price. While minor weather fluctuations are negligible over a decade-long investment horizon, short-term market reactions could pressure shares if sales slow. Investors should weigh these factors amid broader market uncertainties to assess Greggs' near-term outlook.