Company Earnings Update 3 minutesRegister for Free AccessSainsbury’s (LSE: SBRY) 3Q19 Trading Update: Lower Holiday Promotions Weigh on Top Line Coresight Research January 10, 2019 Executive Summary UK grocery retailer Sainsbury’s reported a 1.1% decline in comparable sales for 3Q19, below the consensus of 0.3%. The company grew total grocery sales by 4%, with online groceries up 6.0% and convenience store sales up 3.0%. Total general merchandise sales, which includes Argos, declined 2.3%. Clothing sales fell 2%. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Surprisingly Strong In-Store Shopping Accompanies Prime Day Week: US Consumer Tracker 2023, Week 30US Consumer Tracker: Fewer Consumers Trade Down To Combat InflationRetail Around the World: Singles’ Day 2024—Coresight Research ObservationsGenerative AI Latest: Amazon’s Initiatives, the Home Sector’s Entry and the Launch of Hypermodal AI
