Company Earnings UpdateSainsbury’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? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: US Store Tracker Extra, March 2025: US Total Closed Retail Space Exceeds 100 Million Square FeetInnovator Profile: Palate—Agile, Authentic Product Feedback for Better Food InnovationAnalyst Corner: Three Consumer-Focused Predictions for US Retail for the Second Half of 2025, with Anand Kumar2026 Sector Outlook: US Mass Merchandisers, Warehouse Clubs and Discount Retailers—Warehouse Clubs To Lead Growth amid Sustained Value-Seeking Behavior
