Sainsbury's has reported a 5.3% decline in third quarter sales, compared to the previous year, while sales over the busy Christmas period were down 2.9%. Like-for-like sales were down 4.5%, excluding fuel.
Commenting on the group's performance, chief executive Simon Roberts said, “The backdrop was challenging and our teams worked hard throughout the year to make sure we had all of the products everyone wanted."
Here's how leading retail analysts viewed its performance.