Company Earnings Update 3 minutesRegister for Free AccessSainsbury’s (LSE: SBRY) 3Q19 Trading Update: Lower Holiday Promotions Weigh on Top Line Coresight Research January 10, 2019 Executive Summary UK grocery retailer Sainsbury’s reported a 1.1% decline in comparable sales for 3Q19, below the consensus of 0.3%. The company grew total grocery sales by 4%, with online groceries up 6.0% and convenience store sales up 3.0%. Total general merchandise sales, which includes Argos, declined 2.3%. Clothing sales fell 2%. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Earnings Insights 1Q23, Week 1: Albertsons, Crocs, Procter & Gamble, Skechers and More Post Positive Results; Amazon’s Online Sales ImproveData Dive: What US, European and Australian Retailers Are Saying on CapexMarket Outlook: US CPG—Growth Led by Price Hikes Amid Macroeconomic VolatilityThree Data Points We’re Watching This Week
