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: Weekly US and UK Store Openings and Closures Tracker 2024, Week 34: Full-Year Store Closures in the US To Exceed 5,000US Apparel and Beauty Spending Tracker, November 2023: Holiday Fuels Accelerated Clothing and Footwear SpendingAnalyst Corner—A Budget for Retail? Reviewing the UK’s 2024 Finance Update with John MercerOnline Shopping in Focus—Amazon Is the Clear Winner; Walmart Is a Distant Second: US Consumer Survey Insights
