Sainsbury's keeps profit outlook after Q1 sales rise - RTÉ

Jul 2, 2024 · Sainsbury's said it still expected full-year 2024/25 retail underlying operating profit of between £1.01 billion and £1.06 billion, which would be growth of 5% to 10%. "We are pleased …

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Sainsbury's Keeps Profit Outlook After Q1 Sales Rise - RTÉ

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

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Nov 7, 2024 · 1 minute. LONDON (Reuters) – British supermarket group Sainsbury’s on Thursday kept its forecast for full-year profit growth of up to 10% as it reported a 3.7% rise for the first …

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

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Jul 4, 2023 · Grocery was the standout category, accelerating from 7.4% in Q4 to 11.0%, albeit against a 2.4% decline in sales in in Q1 FY2022/23. "Sainsbury’s latest results trump growth …

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Sainsbury's Keeps Profit Outlook After Christmas Sales Rise - RTÉ

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Jan 10, 2024 · Sainsbury's, whose shares are up 24% over the last year, reported a 7.4% rise in underlying sales for the key Christmas quarter, as its ability to sell more products offset lower …

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UK's Sainsbury's Keeps Profit Outlook After Christmas Sales Rise

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Jan 10, 2024 · Sainsbury's, Britain's second biggest supermarket group, on Wednesday kept its profit guidance for the full year after reporting a 7.4% rise in underlying sales for the key …

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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. ... "Sainsbury’s reported Q1 24 trading this morning, missing …

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Sainsbury’s Increases Profit Outlook As It Puts Food ‘at The Heart’

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Nov 2, 2023 · The group reported a 6.6% rise in like-for-like retail sales, excluding fuel, in its second quarter, down from growth of 9.8% in the first three months, as its performance was hit …

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

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Nov 7, 2024 · 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 …

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UK's Sainsbury's Keeps Profit Outlook After Quarterly Sales Rise

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Jul 2, 2024 · Sainsbury's LSE:SBRY, Britain's second largest supermarket group, kept its annual financial guidance as it reported a 3.0% rise in first-quarter underlying sales, with robust …

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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 Keeps Profit Outlook After Q1 Sales Rise

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Sainsbury's, Britain's second largest supermarket group, has today kept its annual financial guidance as it reported a 3% rise in first-quarter underlying sales. Get access to our best …

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

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Nov 7, 2024 · British supermarket group Sainsbury's SBRY on Thursday kept its forecast for full-year profit growth of up to 10% as it reported a 3.7% rise for the first half, with robust grocery …

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FAQs about Sainsbury's keeps profit outlook after Q1 sales rise - RTÉ Coupon?

Why did Sainsbury's underlying sales rise 3%?

Sainsbury's, Britain's second largest supermarket group, has today reported a 3% rise in first-quarter underlying sales, though weather-related weakness in non-food areas partially offset robust demand for groceries. The group, which has a UK market share of 15.2% trailing only Tesco, said grocery sales rose 4.8% in the 16 weeks to June 22. ...

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) ...

How has Sainsbury's boosted its earnings outlook?

Supermarket giant Sainsbury’s has boosted its earnings outlook thanks to soaring grocery sales as it focused on keeping food costs down for cash-strapped customers. ...

Why did Sainsbury's stock fall 2%?

However, general merchandise and clothing sales fell 4.3% and sales at the group's Argos business dropped 6.2%, reflecting both poor early summer weather which dented sales of seasonal categories and strength in sales in the same period last year. Shares in Sainsbury's (SBRY.L) were down 2%, extending year-on-year losses to 8%. ...

How did Sainsbury's perform in 2024/25?

Shares in Sainsbury's (SBRY.L) were down 2%, extending year-on-year losses to 8%. The group said it still expected full-year 2024/25 retail underlying operating profit of between 1.01 billion and 1.06 billion pounds ($1.28-$1.34 billion), which would be growth of 5% to 10%. ...

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. ...