Data-driven insights that help companies navigate the changing retail and technology landscape. LEARN MORE
Company Earning Updates 3 minutes

Sainsbury’s (LSE: SBRY) 1H19 Results: Further Tepid Retail Sales Growth; Exceptional Costs Hit Bottom Line

#
Coresight Research

Key Points

  • In 1H19, Sainsbury’s reported further modest growth in comparable sales, with comps up 0.6%. Total retail sales were up just 1.2%.
  • Revenues and adjusted pretax profit came in ahead of expectations.
  • The company has delivered its target of £160 million in EBITDA synergies from its Argos acquisition nine months ahead of plan.

Please Log In to read the full report. Not a member? Register for a free user account.

Other research you may be interested in:

×
Do NOT follow this link or you will be banned from the site!

GET OUR DAILY INSIGHTS