Sainsbury's Q3 & Christmas Figures: What The Analysts Said

Published on Jan 9 2019 11:30 AM in Retail tagged: Featured Post / Sainsburys / Shore Capital / Bernstein Research / Savvy / What The Analysts Said / Paywall / AJ Bell / Money.co.uk / Retail Economics / Cityindex.co.uk

UK retailer Sainsbury's has posted a 1.1% decline in like-for-like sales in the third quarter, including the Christmas period, however grocery sales at the group were up 0.4%.

Commenting on the group's performance, chief executive Mike Coupe said that he believed Sainsbury's is "well placed to navigate the external environment and remain focused on delivering our strategy".

Here's how leading retail analysts viewed its performance:

please subscribe or sign in to continue reading

Try European Supermarket Magazine PREMIUM – 30 Day FREE Trial.

A trial subscription gives unrestricted access to all premium site content, app content, weekly email content and European Supermarket Magazine digital edition for a full 30 days. Try it now!

START YOUR FREE TRIAL NOW

Related Articles

Czech Consumers Opt For Traditional Tastes When Choosing Beer, Study Finds

Sweden's ICA Sees Sales Grow By Double-Digits In Largest Stores

McColl's Half-Year Results Mark 'Turning Point' In Group's Performance

UK Shops See More Visits In July But Numbers Still Low: Survey

Few Positives For Nivea Maker Beiersdorf In H1, As Skin Care Markets Slump