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BRIEF-Sainsbury's says Christmas trading has "reinforced case" for Argos purchase
January 11, 2017 / 8:16 AM / in 6 months

BRIEF-Sainsbury's says Christmas trading has "reinforced case" for Argos purchase

1 Min Read

Jan 11 (Reuters) - Sainsbury's

* Interim CFO says deflation in grocery business in Q3 measured at 0.5 percent

* Interim CFO says comfortable with analysts' consensus for 2016-17 pretax profit

* CEO says Christmas trading has "reinforced case" for Argos acquisition

* Shares up 3.4 percent after reporting better-than-expected Xmas sales Further company coverage: (London Newsroom)

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