Sainsbury’s First-Half Performance: What The Analysts Said

Nov 7, 2024 · Share this article. UK retailer Sainsbury’s has reported year-on-year sales growth of 4.6% in the first half of its financial year, with grocery sales up by 5.0%. Retail underlying …

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Sainsbury’s First-Half Performance: What The Analysts Said

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Sainsbury’s Half-Year Results – What The Analysts Said

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Nov 3, 2023 · Sainsbury’s Half-Year Results – What The Analysts Said. British retailer Sainsbury’s this week reported an 8.4% like-for-like increase in sales in the first half of its …

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Sainsbury's First-Half Results – What The Analysts Said

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Nov 3, 2022 · Sainsbury's First-Half Results – What The Analysts Said. UK supermarket group Sainsbury's has reported a statutory group sales increase of 4.4% in the first half of its …

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Sainsbury’s Total Retail Sales Growth Reaches 3.1% In H1 2024/25

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Nov 8, 2024 · The retailer's underlying operating profit increased by 3.7% to £503m in the first half. Sales in Sainsbury’s excluding fuel up 4.6% in H1 2024/25. Credit: Sainsbury’s. British …

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Sainsbury's First-half Results: What The Analysts Say

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Nov 9, 2017 · Sales at Sainsbury’s jumped 17% to £16.3bn in the first half thanks to the acquisition of Argos, but losses at the catalogue retailer, keeping prices down and the national …

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J Sainsbury: Strong Volume Growth In H1 | HL - Hargreaves Lansdown

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Nov 7, 2024 · Sainsbury (J) plc SBRY. Sainsbury’s like-for-like Retail sales, excluding fuel, were up 3.4% to £16.3bn. The uplift was driven by higher Food volumes “across all major …

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Sainsbury’s Earnings: Good Performance Despite Argos Weakness

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Nov 7, 2024 · Like-for-like sales (excluding fuel) were up 3.4% year over year in the fiscal first half with accelerated growth in the second quarter. Grocery sales growth was robust at 5.0% while …

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UK's Sainsbury's Warns Budget Tax Rises Will Be Inflationary

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Nov 7, 2024 · Sainsbury's , opens new tab, whose shares fell nearly 3%, stuck to its full-year forecast of up to 10% profit growth after a 3.7% rise in the first half, with robust grocery sales …

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UK's Sainsbury's Warns Budget Tax Rises Will Be Inflationary - U.S.

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Nov 7, 2024 · Sainsbury's, whose shares fell nearly 3%, stuck to its full-year forecast of up to 10% profit growth after a 3.7% rise in the first half, with robust grocery sales offset by weakness in …

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Britain's Sainsbury's Keeps Profit Outlook After First Half Rise

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November 07, 2024 at 02:13 am EST. LONDON (Reuters) - British supermarket group Sainsbury's on Thursday kept its forecast for full-year profit as it reported a 3.7% rise for the …

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Sainsbury’s Reports Positive First Half Performance - Talking Retail

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Nov 2, 2023 · Sainsbury’s, the UK’s second largest supermarket, has announced its first half results today (2 November) showing like-for-like sales (excluding fuel) up 8.4%. The group’s …

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Sainsbury's Full-Year Results – What The Analysts Said

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Apr 27, 2023 · Sainsbury's has reported a 5.2% increase in group retail sales in its 2022/23 financial year, with grocery sales rising 3.0% driven by both inflation and improved market …

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Sainsbury's Half-Year Results – What The Analysts Said

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Nov 5, 2020 · Sainsbury's has posted a like-for-like sales increase of 6.9% in the half-year to 19 September, however the extended closure of its Argos stores meant that the retailer posted a …

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Sainsbury's First-Quarter Results – What The Analysts Said

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Jul 4, 2023 · "Sainsbury's reported Q1-23 performance this morning with group LFLs at +9.8%, beating consensus expectations of 7.2% by +258bps (but we caution the quality of quarterly …

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Sainsbury’s First-Quarter Results – What The Analysts Said

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Jul 2, 2024 · “Sainsbury's first-quarter performance has been undermined by its persistently underperforming non-food segment. While like-for-like sales did rise 2.6% for the 16 weeks …

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Sainsbury's First-Half Results – What The Analysts Said

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Nov 7, 2019 · UK retailer Sainsbury's has posted a marginal decline in group sales in the first half of its financial year, with like-for-like sales down 1.0% and underlying...

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Sainsbury’s H1 Results: What The Analysts Said | ESM Magazine

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Nov 9, 2017 · Sainsbury’s chief executive Mike Coupe says that the retailer has shown “positive momentum” with its most recent set of financial results, which show a 1.6% inc...

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FAQs about Sainsbury’s First-Half Performance: What The Analysts Said Coupon?

How did Sainsbury's sales perform in the second quarter?

On a like-for-like basis, sales excluding fuel were up 3.4% for the first half, with sales up 4.2% in the second quarter. “We remain confident of delivering strong profit growth in the full year, with continued leverage from Sainsbury’s grocery volume growth and a stronger Argos second-half performance,” it said. ...

How did Sainsbury's perform in Q1?

Article by Stephen Wynne-Jones. Click subscribe to sign up to ESM: European Supermarket Magazine. Sainsbury's has reported a 9.8% like-for-like sales increase in Q1. Here's how leading industry analysts viewed its performance. ...

Did Sainsbury's keep its forecast for full-year profit?

LONDON (Reuters) - British supermarket group Sainsbury's on Thursday kept its forecast for full-year profit as it reported a 3.7% rise for the first half, with robust grocery sales offset by a weaker performance in general merchandise. (Reporting by James Davey; Editing by Catarina Demony) Copyright 2024 Thomson Reuters. ...

How did Sainsbury's perform in 2022/23?

Sainsbury's has reported a 5.2% increase in group retail sales in its 2022/23 financial year, with grocery sales rising 3.0% driven by both inflation and improved market share performance. "The results we have achieved this year are testament to the outstanding contribution across our entire team," commented Simon Roberts, chief executive. ...

How did Sainsbury's perform in the first 16 weeks of fy2023/24?

“The first 16 weeks of FY2023/24 mark strong quarterly growth for Sainsbury’s, with like-for-like (l-f-l) sales increasing 9.8%, powered by a positive response to the retailer’s initiatives on price, effective event marketing and favourable weather towards the end of the period. ...

Why is Sainsbury's growing so fast?

"Sainsbury's reported like-for-like sales growth in line with industry trends. According to our experts, this growth is still being driven by high inflation and a high comparison to last year. "Sainsbury's has joined the loyalty card wars in order to bolster its market share against discounters and other supermarkets. ...