Sainsbury’s shows strong growth as focus shifts to value and loyalty

By Amrit Virdi 7 Nov 2024. Sainsbury’s sales are up 4.6% (excluding fuel), with grocery sales up 5%, as the supermarket chain heads into the important Christmas period with a focus on value …

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Sainsbury’s Shows Strong Growth As Focus Shifts To Value And Loyalty

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By Amrit Virdi 7 Nov 2024. Sainsbury’s sales are up 4.6% (excluding fuel), with grocery sales up 5%, as the supermarket chain heads into the important Christmas period with a focus on value …

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

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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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Interim Results For The 28 Weeks Ended 14 September 2024

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Sep 14, 2024 · Like-for-like Retail sales (excluding fuel) up 3.4% (Q1 2.7%, Q2 4.2%) Retail underlying operating profit of £503m, up 3.7%, with strong Sainsbury’s and Nectar growth …

sainsburys.co.uk

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Sainsbury’s Food Sales Rise 5% In First Half - Thetimes.com

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Nov 7, 2024 · Britain’s second-largest supermarket chain has reported a strong first half driven by an increase in food sales and market share. J Sainsbury reported a 5 per cent rise in total food …

thetimes.com

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Sainsbury’s Backs Guidance On Hopes Of Argos Sales Rebound

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Nov. 7, 2024 2:54 am ET. Share. Resize. Sainsbury’s expects grocery sales growth in the second half of its fiscal year. Photo: mina kim/Reuters. J Sainsbury SBRY 0.68% posted a sharp …

wsj.com

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Sainsbury’s Boss Warns Of Higher Prices After Budget - Financial …

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Nov 7, 2024 · The grocer maintained its annual profit outlook of about £1bn, an increase of between 5 and 10 per cent year on year. Sainsbury’s sales, excluding fuel, were up 4.6 per …

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

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Jul 2, 2024 · While like-for-like sales did rise 2.6% for the 16 weeks ending 22 June 2024, this was driven by its grocery division. Within its food segment, sales rose 4.8%, against inflation …

esmmagazine.com

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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 Grocery Sales Up, But Overall Mixed Q1 - Retail Insight …

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Jul 2, 2024 · The company's non-food and clothing sales fell 4.3%. Luke Martin July 2, 2024. The business has forecast operating profit to grow between 5% and 10% for full-year 2024. Credit: …

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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 …

retail-insight-network.com

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7 November 2024 Strong Grocery Market Share Gains …

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• Like-for-like Retail sales (excluding fuel) up 3.4% (Q1 2.7%, Q2 4.2%) • Retail underlying operating profit of £503m, up 3.7%, with strong Sainsbury’s and Nectar growth partially offset …

sainsburys.co.uk

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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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J Sainsbury Plc Interim Results 2024/25 Thursday, 07 …

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£503 million. This was driven by a strong increase in Sainsbury's contribution, up 8.7%, reflecting strong grocery volumes as we delivered operating leverage, with Sainsbury's margin up 20 …

sainsburys.co.uk

FAQs about Sainsbury’s shows strong growth as focus shifts to value and loyalty Coupon?

Does Sainsbury's expect grocery sales growth in the second half?

Sainsbury’s expects grocery sales growth in the second half of its fiscal year. Photo: mina kim/Reuters J Sainsbury SBRY 0.68% posted a sharp decline in profit in the first half of its fiscal year but said it expects grocery sales growth in the second half, and confirmed its guidance for fiscal 2025. ...

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. ...

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. ...

Will Tesco's Q1 Trump Sainsbury's growth?

"Sainsbury’s latest results trump growth from market leader Tesco, who announced Q1 growth of 8.2% for the 13 weeks ending 27 May 2023. With inflation showing early signs of easing and the underlying profit outlook for the coming year remaining unchanged, Q1 may well mark the peak of grocery sales growth for Sainsbury’s in this financial year. ...

Is Sainsbury's battling inflation?

Sainsbury's has reported a 9.8% like-for-like sales increase in the first quarter of its financial year, with chief executive Simon Roberts noting that the British retailer is "putting all of [its] energy and focus into battling inflation". ...