Company Earnings Update 2 minutesRegister for Free AccessSainsbury’s (LSE: SBRY) 3Q18 Update: Modest Comp Growth Exceeds Expectations Coresight Research January 11, 2018 Executive Summary UK grocery retailer Sainsbury’s reported comparable sales growth of 1.1% in 3Q18, ahead of the consensus estimate. This includes its general-merchandise banner Argos. The company grew grocery sales by 2.3%, with online groceries up 8.2% and convenience store sales up 7.3%. Sainsbury’s raised its guidance for full-year underlying profit. 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: Innovator Profile: dotkonnekt Revolutionizes Digital Commerce with Its AI-Powered Sangria PlatformRetailers Harness Seasonal Shifts: China Consumer TrackerThree Data Points We’re Watching This WeekIntroducing “Fast Luxury” and Its Implications for the Retail Market
