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UK's Sainsbury's expects full year profit growth of up to 10%

By James Davey LONDON (Reuters) -British supermarket group Sainsbury's stuck to its full-year forecast of up to 10% profit growth on Thursday after a 3.7% rise in the first half, with robust grocery sales offset by weakness in general merchandise.

The Wall Street Journal on MSN · 2h

Sainsbury’s Posts Profit Slump But Expects Grocery Sales Growth

The British grocer posted a sharp decline in profit in the first half of its fiscal year but predicts grocery sales growth in the second half.

The Financial Times · 1h

Sainsbury’s profits rise on strong food sales

Sainsbury’s reported a rise in half-year profits as strong food sales offset weak trading at Argos.

Retail Gazette · 3h

Sainsbury’s profit edges up as it claims ‘biggest market share gains in industry’

Sainsbury's has seen group sales rise 4.4% to £18.8bn in its half-year results, buoyed by robust grocery sales and strong customer engagement through its Nectar loyalty programme.

Reuters on MSN · 2h

Britain's Sainsbury's keeps profit outlook after first half rise

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 half, with robust grocery sales offset by a weaker performance in general merchandise.

Retail Bulletin10h

Sainsbury’s sales boosted by strong grocery performance

Sainsbury’s has posted an increase in first half sales after a strong performance in its grocery business, particularly in food. In the six months to 14 September, total retail sales increased by ...

2don MSN

Sainsbury’s makes change to ‘little stores’ that could leave you £800 richer

Aldi continues to be the UKs cheapest supermarket month after month, but it seems Sainsbury’s is about to give it a run for ...

GlobalData on MSN2d

Sainsbury’s to launch Aldi Price Match offer in its Local stores

Supermarket chain Sainsbury's is set to introduce the Aldi Price Match offer in its Local convenience stores - a first in the ...

3don MSN

Sainsbury's to rival Aldi prices in smallest stores

Sainsbury’s has said it will match the price of up to 200 Aldi products in its smaller stores as it battles rivals to get ...

City snapshot: Sainsbury’s confident of ‘strong’ Christmas as Taste the Difference lifts sales

Sainsbury's has entered the golden quarter in good shape as its premium Taste the Difference offering helped boost sales in the first half. Plus, first-half results from Tate & Lyle and a trading upda ...

19h

Sainsbury's shoppers can get a bottle of Baileys for just £10 with Nectar card

Sainsbury's shoppers can now buy a one-litre bottle of Baileys for just £10. The supermarket has reduced the price of the ...

Britain’s Sainsbury’s extends Aldi price match scheme to convenience stores

Sainsbury’s said it has become the first UK supermarket group to extend a scheme matching the prices of German-owned ...

10h

‘I took 10 packs’, Sainsbury’s fans cheer as pack of biscuits with a twist scans for just 16p at checkouts

HAPPY shoppers raced to fill their baskets with a popular biscuit scanning for just 16p. Sainsbury’s fans were delighted to find the sweet treats on the shelves for an incredible price. The ...

Evening Standard on MSN2h

FTSE 100 Live 07 November: US markets surge, BT and Sainsbury’s post results

BT today cut annual revenues guidance but said the rollout of full-fibre broadband set a new record in the first half of the financial year. In today’s half-year results, adjusted revenues of £10.1 ...

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