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. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: June 2023 Leading Indicators of US Retail Sales: Total Gains To Be in the Low Single Digits Due to Flat Disposable Income Growth4Q23 US Earnings Season Wrap-Up: Many Companies Report Better Performances Following the Holiday SeasonRising Above the Competition: Playbook for Emerging Brands To Succeed in a Crowded MarketWeinswig’s Weekly: Growing Signs of Economic Optimism
