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Sainsbury's Half-Year Results – What The Analysts Said

Published on Nov 5 2020 11:29 AM in Retail tagged: Trending Posts / Sainsburys / Shore Capital / GlobalData / What The Analysts Said / Paywall / AJ Bell

Sainsbury's Half-Year Results – What The Analysts Said

Sainsbury's has posted a like-for-like sales increase of 6.9% in the half-year to 19 September, however the extended closure of its Argos stores meant that the retailer posted a half-year loss of £137 million.

Commenting on its performance, chief executive Simon Roberts said, "While we are working hard to help feed the nation through the pandemic, we have also spent time thinking about how we deliver for our customers and our shareholders over the longer term."

Here's how leading industry analysts viewed its performance:

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