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United Kingdom

J Sainsbury PLC (SBRY.L)

SBRY.L on London Stock Exchange

334.60GBp
17 Aug 2018
Change (% chg)

-3.60 (-1.06%)
Prev Close
338.20
Open
337.50
Day's High
338.90
Day's Low
332.30
Volume
4,349,861
Avg. Vol
10,307,115
52-wk High
339.31
52-wk Low
222.40

Latest Key Developments (Source: Significant Developments)

Sainsbury's says inflation in business dropped 1.5 pct Q4 to Q1
Wednesday, 4 Jul 2018 

July 4 (Reuters) - J Sainsbury ::CEO SAYS INFLATION IN BUSINESS DROPPED BY 1.5 PERCENT FROM Q4 TO Q1.CEO SAYS ASDA <<>> DEAL NOT HAVING A DISTRACTION EFFECT ON TRADING.CFO SAYS ONLY 15 PEOPLE IN ORGANISATION WORKING ON ASDA <<>> DEAL.CFO SAYS "WE DO THINK THERE NEEDS TO BE A CHANGE" ON UK BUSINESS RATES.CEO SAYS HAS SEEN NO SIGNIFICANT IMPACT ON BUSINESS FROM CO2 SHORTAGE.  Full Article

Ten Entertainment Says Rob Mcwilliam Resigns As Non-Exec Director
Tuesday, 3 Jul 2018 

July 3 (Reuters) - Ten Entertainment Group Plc ::ROB MCWILLIAM NOTIFIED CO OF HIS RESIGNATION AS NON-EXEC DIRECTOR AS HE ACCEPTED ROLE AS CFO OF ASDA STORES LIMITED.  Full Article

J Sainsbury Says Clodagh Moriarty To Take On New Group Chief Digital Officer Role
Wednesday, 6 Jun 2018 

June 6 (Reuters) - J Sainsbury Plc ::SAINSBURY'S CREATES GROUP CHIEF DIGITAL OFFICER ROLE.CLODAGH MORIARTY HAS BEEN PROMOTED TO ITS OPERATING BOARD AS GROUP CHIEF DIGITAL OFFICER, WITH IMMEDIATE EFFECT.  Full Article

J Sainsbury Confirms Hourly Rate For Employees To Increase To 9.20 Pounds/Hour
Thursday, 24 May 2018 

May 24 (Reuters) - J Sainsbury Plc ::HOURLY RATE FOR EMPLOYEES TO INCREASE FROM £8 TO £9.20 PER HOUR.INVESTMENT OF £110 MILLION TO GIVE 121,000 STORE COLLEAGUES AN AVERAGE PAY RISE OF 9.3 PCT.  Full Article

J Sainsbury FY Underlying Pretax Profit Rose 1.4 Pct TO 589 mln Stg
Wednesday, 2 May 2018 

May 2 (Reuters) - J Sainsbury PLC ::FY UNDERLYING PRETAX PROFIT ROSE 1.4 PERCENT TO 589 MILLION STG.FINAL DIVIDEND 7.1 PENCEPER SHARE.TOTAL DIVIDEND 10.2 PENCEPER SHARE.J SAINSBURY - SAYS A SEARCH PROCESS HAS BEGUN, LED BY DAME SUSAN RICE AND NOMINATION COMMITTEE, TO FIND SUCCESSOR FOR DAVID TYLER AS NON-EXECUTIVE CHAIRMAN.  Full Article

Sainsbury's CEO says will fight Asda for market share until deal goes through
Monday, 30 Apr 2018 

April 30 (Reuters) - Sainsbury’S ::CEO SAYS UNTIL ASDA DEAL COMPLETES SAINSBURY’S AND ASDA WILL FIGHT EACH OTHER FOR MARKET SHARE.SAINSBURY'S CEO SAYS SOME OF STORE DISPOSAL NUMBERS BEING CITED BY ANALYSTS ARE “WAY OFF THE MARK”.SAINSBURY'S CEO COUPE SAYS DEAL HAS “NOTHING WHATSOEVER TO DO WITH BREXIT”.SAINSBURY'S CEO SAYS UK CMA WILL NOT TELL SAINSBURY’S/ASDA TO CLOSE STORES, MAY ASK THEM TO SELL STORES.  Full Article

Sainsbury's FY profit returns to growth, on track to meet forecasts for 2018/19
Monday, 30 Apr 2018 

April 30 (Reuters) - J Sainsbury Plc ::TOTAL DIVIDEND 10.2 PENCEPER SHARE.FY UNDERLYING PRETAX PROFIT ROSE 1.4 PERCENT TO 589 MILLION STG.FINAL DIVIDEND 7.1 PENCEPER SHARE.UNDERLYING PROFIT BEFORE TAX £589 MILLION, A RETURN TO GROWTH; H2 PROFIT INCREASE OF 11 PER CENT.STRONG CASH GENERATION WITH FREE CASH FLOW OF £432 MILLION, UP £113 MILLION IN YEAR.NET DEBT REDUCED BY £113 MILLION TO £1,364 MILLION. TARGETING TO REDUCE NET DEBT BY A FURTHER £100 MILLION IN 2018/19.DELIVERY OF £185 MILLION COST SAVINGS IN YEAR, BRINGING TOTAL TO £540 MILLION OVER THREE YEARS.WILL DELIVER FURTHER COST SAVINGS OF AT LEAST £500 MILLION OVER NEXT THREE YEARS TO 2020/21.UNDERLYING EARNINGS PER SHARE DECREASED SIX PER CENT TO 20.4 PENCE PER SHARE.TO PAY A FINAL DIVIDEND OF 7.1 PENCE PER SHARE, AN INCREASE OF EIGHT PER CENT.PROFIT EXPECTATION FOR 2018/19 IS IN LINE WITH CURRENT MARKET CONSENSUS OF £629 MILLION.  Full Article

Superdry CFO Wharton to retire, Sainsbury's Barker to succeed​
Tuesday, 23 Jan 2018 

Jan 23 (Reuters) - Superdry Plc ::‍NICK WHARTON, CHIEF FINANCIAL OFFICER, HAS INDICATED HIS DESIRE TO RETIRE IN ORDER TO PURSUE A PLURAL CAREER​.‍HE WILL BE SUCCEEDED BY ED BARKER, CURRENTLY DIRECTOR OF GROUP FINANCE, AND PREVIOUSLY INTERIM CFO AT J SAINSBURY <<>>.BARKER WILL BE APPOINTED CFO ON A DATE TO BE CONFIRMED IN THE SECOND CALENDAR QUARTER OF 2018.Source text for Eikon: nRSW5925Ca.  Full Article

Sainsbury's CEO says expects full year profit of over 572 mln stg
Wednesday, 10 Jan 2018 

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.  Full Article

Sainsbury's shares lower as Q2 sales growth slows
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Sainsbury's :Shares down 2.9 percent as Q2 underlying sales growth slows.CEO says gained market share in general merchandise in first half.CEO says UK customers currently "very value conscious".CEO says "confident in Christmas offer", group "in pretty good shape".  Full Article

J Sainsbury PLC News

UPDATE 5-Walmart posts biggest U.S. sales rise in a decade, shares soar

NEW YORK, Aug 16 Walmart Inc posted its best quarterly U.S. sales growth in a decade and upped full-year sales and profit outlooks on Thursday, sending shares surging as a jump in online and grocery purchases showed it can hold its own against Amazon.com Inc.

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