Company Earnings UpdateSainsbury (LSE: SBRY) 3Q17 Update: Modest Growth Beats Expectations Coresight Research January 12, 2017 Executive Summary Sainsbury’s, the UK’s second-largest grocery retailer, posted comps of 0.1% for 3Q17, marginally ahead of expectations of (0.8)%. Total sales were up 0.8%, excluding fuel and the impact of pharmacy disposals. Argos, which Sainsbury’s acquired in 2016, saw comps of 4.0% and total sales growth of 4.1%. 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: Sycamore Partners To Acquire Walgreens Boots Alliance—Exploring the Reasons for and Implications of the $23.7 Billion DealUS Beauty Retailing: Themes, Concepts and Innovators—Personalization, Tech Integration and Wellness To Drive ChangeThree Data Points We’re Watching This Week, Week 15: US CPG LatestMusic Festivals: A Key Opportunity for Retail Brand Engagement
