Company
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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The supermarket's restructuring has started to yield positive results but new chief executive David Potts said the turnaround has only just begun and warned of Brexit uncertainties
FTSE 100 stocks bagged a net loss on Thursday after supermarket chain WM Morrison fell on an uncertain outlook
FTSE 100 stocks ended lower with sombre Wall Street shares on Monday although gold miner Randgold Resources was the stand out gainer while small-caps scaled record highs
HSBC believes the gap between winners and losers in the sector is likely to widen, and repeated a ‘buy’ rating on sector leader, Tesco,
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Glum traders, a naughty chairman and a Trump-ed bookie all feature in today’s Trending
The City is divided on Sainsbury. Consensus is, it's basically a 'hold', and in this market, a 'hold' is a sell, right?
FTSE 100 shares swung on Friday but ended down 10 points and below 7200 as the 45th President of the United States was being sworn in
Christina Wood will join the board in due course subject to the necessary due diligence
Yesterday's better-than-expected trading update offers up a decent selling opportunity, in Goldman's view
Traders appeared to give a shrug of shoulders and utter a collective ‘meh’ as the stock drifted 2.4% after a slightly-better-than-expected festive performance by the food retailer.
Tesco only saw its group like-for-like sales increase by 0.3% over the Christmas trading period, with 0.7% growth in the UK, but a 1.2% decline internationally.
FTSE 100 shares did it again on Thursday – the 11th successive record high close – as turbulence in sterling finally gave in to a further steady decline and helped push stocks higher. All except retailers, that is
The ‘Big Four’ supermarkets look to be slowly reviving after a tortuous few years, helped by the return of food price inflation, but growth of Lidl and Aldi continues.
Some of the main news-driven share price changes at 3.15pm
Britain's second biggest supermarket posted like-for-like sales growth of 0.1%, excluding fuel, while high street chain Argos saw its like-for-like sales increase by 4.0%.
FTSE 100 shares appear positively related to the Nasdaq as the London ticker again hits a fresh record high on Wednesday - its tenth successive
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Sainsbury has continued to be a laggard in the supermarket sector, with the latest till roll data from Kantar Worldpanel released today showing its sales declining by 0.1%.
Research group Kantar Worldpanel said Tesco’s sales grew by 1.3% over the 12 weeks to January 1, outperforming Morrisons’ 1.2% growth, and falls by Sainsbury and Asda.
Morrisons said sales at stores open over a year, excluding fuel, rose by 2.9% in the nine weeks to January 1, smashing analysts’ average forecast for growth of 1.1 %.
