Like-for-like or underlying sales rose 0.9% in the period, or 0.4% excluding the benefit of enlarging some stores.
Greggs had warned in October that its underlying sales were expected to fall as customers continued to economise.
The company said underlying sales growth for the July to September period came in at 0.6% compared with the same period last year.
Together with the growing durability of modern cars, Mr Ellinghorst reckons that underlying sales in developed markets could fall by as much as 30%.
The company reported underlying sales growth of 13% in the third quarter, but said increasing bad debts and a currency hit would impact full-year profits by 2.5%.
This was partly due to eBay's acquisition of PayPal, a payments business, last year, though even with the effects of that deal stripped out, underlying sales were up by 56% over the previous year.
However, the 7% rise in like-for-like sales at Primark over the half-year implies a slowdown in recent sales, as the chain had recorded a 9% increase in underlying sales during the first 16 weeks of the period.
Diageo ( DEO - news - people ), whose shares slipped 2.7% on Wednesday in London after it revealed in a trading update that underlying sales had fallen by 6% in its most recent quarter.
Tesco may be sailing into calmer waters, with signs that its expensive rehabilitation of UK stores may be paying off: it has reported a 1.8% increase in like-for-like or underlying sales, its best performance for three years.
The rise in pending home sales, and the underlying improvement in durable goods sales, add to evidence that the US economic recovery is gaining momentum.
The report includes comprehensive data for sales and underlying forecast assumptions for the consumer and fleet markets.
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Sports Direct has reported rising sales and underlying profits, as it pulls further ahead of loss-making rival JJB.
Stripping out the impact of oil price fluctuations and asset sales, underlying earnings grew 2 percent, the company said in a statement.
Healthcare sales fell at an underlying rate of 1% from a year earlier, while overall lighting sales were flat due to weak demand from the construction sector.
Though, the vehicle sales number is extremely solid and indeed what is used to calculate GDP, underlying demand is better represented by retail sales.
The ever cautious Witty won't make sales forecasts but says underlying revenue growth is 6% when Avandia's decline and other one-time events are excluded.
Each of these companies has seen their stock price rise more than we think is justified by the underlying fundamentals of cash earnings and sales.
On the flip side, growth investors are said to be more interested in the growth potential of a security whose underlying company has above-average sales or profit expansion prospects.
Still, despite the open chumminess between Mr Karimov and Vladimir Putin, Russia's president, a Western diplomat suspects underlying tensions, for instance over gas sales and trade.
In the second quarter of the year, underlying or like-for-like sales from continuing operations fell 8.6%, which compares with minus 13% in the first three months of the year.
There has been a return to very modest growth in underlying or like-for-like sales in the second half of 2012-13, in spite of recent weeks' headwinds from horse in the mince, although growth at Sainsbury remains faster.
The company had group sales of pounds Sterling 990.8m and underlying profits of 93.3m pounds last year.
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It said its mobile phone business had achieved underlying profitability, thanks to better-than-expected sales of its Lumia smartphone.
Deepak Jain, senior analysts at Edelweiss Capital in Mumbai, says that India's underlying economic growth and declining interest rates have spurred car sales.
These unitholders will receive the then-current net asset value of the units, based on the current market value of the underlying securities in the portfolio, less any remaining deferred sales charge, as of the evaluation time.
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However, the underlying problems remain as hospitals continue to rely on revenues from drug sales and expensive treatments.
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Underlying production of oil and gas, excluding the impact of asset sales, rose 2% in the quarter compared with the same period a year ago.
Specifically, we valued his retail stores based on a price-to-sales ratio derived from comparable public companies and by valuing the underlying real estate.
This put the group's sales and profits in the best light, though it did not affect the underlying cashflows.
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