Sainsbury's slumps to FY loss as COVID-19 and restructuring charges bite
Underlying profit before tax in the financial year to March 2022 is expected to be well above March 2020 levels
Company
J Sainsbury PLC
LON:SBRY
J Sainsbury PLC is a United Kingdom-based company principally engaged in grocery and related retailing, and financial services.
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Sainsbury's takeover speculation swirls as billionaire ups stake
Czech investor owns 9.99% of supermarket group after latest share purchase
Jefferies more confident that Sainsbury’s can deliver against high expectations
The supermarket grocer can grow profits by 8%, Jefferies says.
Sainsbury's, Asda to continue paying business rates in full
The grocers issued a statement following Rishi Sunak's Budget announcement
Sainsbury launches price-match but UBS says discounter threat to Big Four 'past its peak'
The Big Four have enjoyed an extra boost from online shopping during the pandemic, which the discounters have missed out on
Mid-caps hit hardest as coronavirus sends dividends tumbling 44% in 2020
Banks and other financial services groups accounted for two-fifths of the cuts
J Sainsbury may still need the blockbuster deal (that Asda wasn't)
I wish it could be Christmas every day ... the supermarkets probably do. They probably don't even mind the lockdowns. The sector remains fiercely competitive, however.
Sainsbury's benefits from stay-at-home Christmas orders
Customers treated themselves with premium products and placed more online orders compared to previous years
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FTSE 100 closes ahead as bulls outweigh bears; Sainsbury's is top riser
The UK's top share index closed up around 15 points at 6,856 on the day
Frasers Group leads shop owners lower after Tier-4 and port blows
Many shops will also be choc-a-bloc with Christmas stock and unable to open before the New Year.
J Sainsbury joins Tesco in risking reputation over dividend stance
On the other side of the coin, one analyst thundered that "it is absolutely right for the group to look after its retail and pension fund shareholders in particular too through this pandemic and to think otherwise is both myopic and detache
Sainsbury brings back dividend and staff bonus as cash surges in first half
Digital sales more than doubled, with online grocery sales up 102% and Argos even higher
AstraZeneca COVID-19 vaccine will be in spotlight as drug maker reports on Q3
AstraZeneca releases third-quarter results on Thursday whilst Sainsbury and AutoTrader also feature in the diary.
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FTSE 100 adds more points; Wall Street steps up in election anticipation
The UK index of big caps advanced 80 points to 5,657 before close
Lone Star Funds quits bidding war to snap up Asda, two suitors left
Apollo Global Management and TDR Capital are two other private equity groups seeking to buy a large stake in the grocer
Builders and building materials
Asda's private equity suitors battle for 'air rights' above supermarkets - reports
Around 150,000 homes could be built in London above or alongside existing supermarkets, according to one property sector analyst
Argos catalogue to be scrapped after 48 years
With around 10mln copies printed at the height of its popularity, the catalogue at one point was the most widely printed publication in Europe
Coronavirus: UK prepares to mask up as new face covering rules come into force
From Friday shoppers will need to cover their faces in shops, banks and takeaways or face a £100 fine
Sainsbury's grocery sales growth slows but Argos improves over first quarter
Weekly online grocery sales more than doubled in recent weeks and the SmartShop self-scanning tool now accounts for more than half of sales in some supermarkets
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FTSE 100 closes in red after volatile session as health fears weigh
The UK's index of leading shares finished in the red to the tune of nearly 12 points, or 0.19%, to close at 6,157