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

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 ...

J Sainsbury Plc reported that its first half profit before tax declined to 131 million pounds from 275 million pounds, last year.

The retailer said it was boosted by strong sales of its Taste the Difference premium range and its Nectar membership pricing.

J Sainsbury SBRY0.68%increase; green up pointing triangle 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 ...

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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.

British supermarket group Sainsbury's has today 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 ...

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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 ...

Sainsbury's profit has halved due to the cost of restructuring its financial services arm, despite strong supermarket sales.