Edition:
United Kingdom

J Sainsbury PLC (SBRY.L)

SBRY.L on London Stock Exchange

255.50GBp
23 Feb 2018
Change (% chg)

0.40 (+0.16%)
Prev Close
255.10
Open
255.20
Day's High
256.10
Day's Low
253.90
Volume
6,211,390
Avg. Vol
9,777,929
52-wk High
283.60
52-wk Low
222.40

Latest Key Developments (Source: Significant Developments)

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

Sainsbury's "not seeing massive change in consumer behaviour"
Tuesday, 4 Jul 2017 

July 4 (Reuters) - Sainsbury's :Shares up 2.4 percent after Q1 sales beat analysts' forecasts.CEO says price position versus rivals improved in Q1.CEO says Q1 grocery outcome driven by own label performance.CEO declines comment on possible Nisa deal.CEO says "not seeing massive change in consumer behaviour".CFO says comfortable with analysts' 2017-18 profit consensus of 572 million stg.  Full Article

UK's CMA proposes to accept undertakings from Lloyds, Celesio
Friday, 30 Sep 2016 

Competition and Markets Authority : UK's CMA says proposes to accept proposed undertakings from Lloyds and Celesio regarding purchase of Sainsburys UK pharmacy business Link to source: (http://bit.ly/2dsyK8p) (((Bengaluru Newsroom +91 806 749 1136);)).  Full Article

Sainsbury's says prices versus discounters "never sharper"
Wednesday, 28 Sep 2016 

Sainsbury's : Acting CFO says price deflation in Q2 around 1 percent . CEO says Brexit vote has had no impact at all so far on customer behaviour . CEO says price position relative to discounters "has never been sharper" Further company coverage: (London Newsroom) ((UK.online@Reuters.com; +44 (0)20 7542 7717;)).  Full Article

Sainsbury's expects to outperform peers in competitive market
Wednesday, 28 Sep 2016 

Sainsbury's : "we expect the market to remain competitive and the effect of the devaluation of sterling remains unclear. However, sainsbury's is well positioned to navigate the changing marketplace and we are confident that our strategy will enable us to continue to outperform our major peers." .Argos q2 performance for the 13 weeks to 27 aug, argos achieved total sales growth of 3.0 percent and like-for-like sales growth of 2.3 percent.  Full Article

Home Retail says Sainsbury deal completed
Friday, 2 Sep 2016 

Home Retail Group Plc : Says acquisition of Home Retail Group by Sainsbury's has now completed in accordance with its terms .Says entire issued share capital of Home Retail Group is now owned by Newco which is now wholly owned by Sainsbury's.  Full Article

Home Retail says CFO to step down after Sainsbury deal completes
Friday, 2 Sep 2016 

Home Retail Group Plc:Richard ashton, its cfo, will be stepping down from his role upon completion of proposed acquisition of group by j sainsbury.  Full Article

Home Retail says Sainsbury deal implementation scheme now effective
Thursday, 1 Sep 2016 

Home Retail :Scheme by which recommended acquisition of Home Retail Group by J Sainsbury Plc is being implemented has now become effective.  Full Article

BRIEF-Ingenta wins 3-year deal with Sainsbury's​

* CONTRACT IS FOR INGENTA ADVERTISING SOLUTION​ Source text for Eikon: Further company coverage: (London Newsroom)