Company Earnings UpdateSainsbury’s (LSE: SBRY) 1Q20 Trading Update: Comp Decline Worsens, Outlook Remains Bearish Coresight Research July 4, 2019 Executive Summary Sainsbury’s reported comparable sales ex fuel fell 1.6% year over year in 1Q20, compared to a 0.9% decline in the previous quarter and missing the consensus estimate of a 1.4% decline recorded by StreetAccount. The company’s total sales ex fuel fell 1.2% year over year, compared to a 0.2% decline in the previous quarter and in line with the consensus estimate. The company says the retail market remains highly competitive and promotional, and the consumer outlook remains uncertain. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: New Technologies to Drive Retailer-Supplier Collaboration: Insights Presented at NACDS Annual Meeting 2025Three Data Points We’re Watching This Week, Week 7: Consumer Sentiment FocusUS Store Tracker Extra, August 2025: At Home, Claire’s and Office Depot Closures Add 4+ Million Square Feet to Total Closed Retail SpaceAmazon Prime Day 2025 Wrap-Up: US Purchase Rate Jumps as Retail Rivalry Heats Up—Exclusive Data Insights
