Greggs the Baker has reported much lower profits than expected - as a result, the company's share-price took a nose-dive this morning.
The Newcastle-based sandwich chain is blaming the bleak winter for a 4.4 per cent drop in sales in the last 17 weeks.
It has triggered a fall of more than seven per cent in the company's share price.
A spokesman says they do not expect any significant improvements in the short-term.
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Celebrations have been taking place in County Durham to honour 100 years of the Women's Institute.
Kerrie Gosney brings you Sunday night's forecast
Mild but moist air moving in from the southwest over the next few days. Rather cloudy, with the risk of rain