Sainsbury’s: Better-than-expected Christmas trade

Sainsbury’s, Britain’s second-biggest supermarket, yesterday confirmed a better-than-expected performance in its Christmas quarter and upgraded its sales forecast for the second half.

Sainsbury’s: Better-than-expected Christmas trade

The firm, which revealed that it had a November bid approach for Argos owner Home Retail rejected, said sales at stores open over a year fell 0.4%, excluding fuel, in the 15 weeks to January 9, its fiscal third quarter.

That was better than analysts’ forecasts.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €120 €60

Best value

Monthly €10€5 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited