January 10, 2018 / 8:46 AM / 9 days ago

BRIEF-Sainsbury's CEO says expects full year profit of over 572 mln stg

Jan 10 (Reuters) - Sainsbury‘s:

* SHARES UP 1.7 PERCENT AFTER FIRM BEATS FORECASTS FOR CHRISTMAS TRADING, UPGRADES PROFIT OUTLOOK

* CEO SAYS GROCERY SALES VOLUMES “WENT BACKWARDS SLIGHTLY” IN Q3

* CEO SAYS ARGOS IMPROVED MARKET SHARE IN Q3

* CEO SAYS TOY SALES “WERE CHALLENGED” IN Q3

* CEO SAYS PREMIUM RANGE “TASTE THE DIFFERENCE” GREW SALES 6 PERCENT IN Q3

* CFO SAYS OVERALL RETAIL BUSINESS DELIVERED EXACTLY IN Q3 AS MANAGEMENT EXPECTED

* CEO SAYS EXPECTS FY PRETAX PROFIT OF OVER 572 MILLION STG

Further company coverage: (London Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below