J Sainsbury plc — News

Shares in J Sainsbury PLC (LSE:SBRY) and Tesco PLC (LSE:TSCO) nudged lower in morning trading after figures showed the heatwave continued to weigh on shopper numbers in July. Total UK footfall fell 2.1% on a year earlier, according to data from the British Retail Consortium (BRC) and Sensormatic, which tracks visitor numbers to retail locations.

proactiveinvestors.co.uk - 2026-08-07 06:08:54

Deutsche Bank has raised its price target on J Sainsbury PLC (LSE:SBRY) by 8% to 390p, arguing that a supermarket without Argos deserves a higher rating than one carrying it. Analyst Benjamin Yokyong-Zoega lifted earnings per share forecasts by around 2% for the 2028 and 2029 financial years following Friday's announcement that the group is selling the general merchandise chain.

proactiveinvestors.co.uk - 2026-08-04 11:19:47

J Sainsbury Plc's (LSE:SBRY) sale of Argos should prove slightly earnings-accretive while removing a longstanding source of uncertainty for investors, that's according to Shore Capital. The UK stockbroker broker, in a note, described the disposal to newly formed company Swift as a “particularly good outcome” for shareholders, allowing Sainsbury's to concentrate more fully on its core grocery operation.

proactiveinvestors.co.uk - 2026-07-31 10:02:25

J Sainsbury plc (JSAIY) Shareholder/Analyst Call Transcript

seekingalpha.com - 2026-07-31 07:03:14

J Sainsbury LON: SBRY said it has agreed to sell Argos to Swift, a move the supermarket group said will simplify its operations and allow management to focus fully on its core food business.

marketbeat.com - 2026-07-31 06:05:15

J Sainsbury PLC (LSE:SBRY) has agreed to sell Argos to Swift Partners for cash proceeds of at least £120 million, allowing the retailer to focus on its core food business and Next Level Strategy. Swift Partners is a newly established company backed by Richard Pennycook, Trevor Strain, Matt Truman and True Capital.

proactiveinvestors.co.uk - 2026-07-31 02:35:11

Investors interested in Retail - Supermarkets stocks are likely familiar with J. Sainsbury PLC (JSAIY) and Walmart (WMT).

zacks.com - 2026-07-29 12:41:09

J Sainsbury PLC (LSE:SBRY) is likely to lose out from Tesco PLC's (LSE:TSCO) signing up for Uber Eats and Deliveroo deliveries, according to an analysis by Citi. Britain's largest supermarket announced on July 21 that it would launch on both delivery platforms later this summer.

proactiveinvestors.co.uk - 2026-07-29 11:32:04

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

zacks.com - 2026-07-23 10:41:15

Investors interested in stocks from the Retail - Supermarkets sector have probably already heard of J. Sainsbury PLC (JSAIY) and Walmart (WMT).

zacks.com - 2026-07-13 12:41:13

J Sainsbury PLC (LSE:SBRY) is well placed to outperform the wider supermarket sector, according to RBC Capital Markets, after recent numbers showed how it is winning market share in groceries and early signs of a recovery at Argos. Following meetings with management after last week's first-quarter results, the broker said the UK's second-largest grocer was benefiting from improvements in pricing, product innovation and better stock availability, helped by greater use of artificial intelligence in forecasting and supply chain management.

proactiveinvestors.co.uk - 2026-07-02 08:47:09

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

zacks.com - 2026-07-01 10:41:15

J Sainsbury PLC's (LSE:SBRY) first-quarter update gave analysts enough evidence to stick with buy ratings, as grocery sales beat forecasts and Argos traded better than expected. The supermarket group reported retail like-for-like sales growth of 2.1%, excluding fuel, ahead of the City consensus forecast of 1.9%.

proactiveinvestors.co.uk - 2026-07-01 08:33:36

J Sainsbury plc (JSAIY) Q1 2027 Sales/Trading Call Transcript

seekingalpha.com - 2026-06-30 08:32:09

J Sainsbury PLC's (LSE:SBRY) first-quarter update was good enough to reassure, but not strong enough to change the argument materially. Jefferies called the statement a “slight beat”, with grocery and Argos both ahead of consensus, offset by a weaker performance in general merchandise and clothing.

proactiveinvestors.co.uk - 2026-06-30 07:38:23

The company backed its full-year guidance, but warned that the impact of the Middle East conflict on its customers and business remained uncertain.

wsj.com - 2026-06-30 02:49:00

J Sainsbury PLC (LSE:SBRY) reported another quarter of market share gains and stuck with its full-year guidance despite warning that the conflict in the Middle East had increased uncertainty. Britain's second-largest supermarket posted a first-quarter update for the 16 weeks to 20 June showing total retail sales excluding fuel up 2.7%, with like-for-like sales up 2.1%.

proactiveinvestors.co.uk - 2026-06-30 02:38:21

Tesco PLC (LSE:TSCO) and J Sainsbury PLC (LSE:SBRY) appear to have lost ground to rivals in the latest grocery market data, although analysts remain broadly positive on the outlook for the UK's biggest supermarket groups. Figures from Worldpanel by Numerator showed Tesco's sales rose 1.7% in the four weeks to 14 June, while Sainsbury's increased 3.2%.

proactiveinvestors.co.uk - 2026-06-24 07:38:06

Vodafone Group PLC (LSE:VOD) and J Sainsbury PLC (LSE:SBRY) led the FTSE 100 fallers on Thursday after their shares went ex-dividend.  The index was hit by a 3.5-point drag from five companies' shares trading ex-div.

proactiveinvestors.co.uk - 2026-06-04 03:35:00

Tesco PLC (LSE:TSCO) and J Sainsbury PLC (LSE:SBRY) shares received a boost from Asda's latest trading update, with analysts arguing that the struggling supermarket group's continued market share losses underline the resilience of its larger listed rivals. Asda reported first-quarter like-for-like sales down 1.3%, an improvement on the 4.2% decline recorded in the previous quarter but still well short of the stabilisation many investors had hoped for.

proactiveinvestors.co.uk - 2026-06-01 08:16:52

Shares in Tesco PLC (LSE:TSCO), the UK's largest supermarket group, and rival J Sainsbury PLC (LSE:SBRY) were barely moved in early trading on Friday despite official data showing retail sales tumbled at their fastest rate in almost a year. The muted reaction comes against a backdrop of mounting political pressure on the sector, with the Treasury pushing major supermarkets to voluntarily cap prices on staples such as eggs, bread and milk in exchange for regulatory relief.

proactiveinvestors.co.uk - 2026-05-22 03:31:55

Shares in Britain's biggest supermarkets fell sharply after reports that the government is urging retailers to voluntarily limit prices on staple groceries in return for an easing of regulations. Tesco PLC (LSE:TSCO) was down 2.8% and J Sainsbury PLC (LSE:SBRY) fell 1.8% as investors digested the implications of a policy that the British Retail Consortium (BRC) dismissed as unworkable.

proactiveinvestors.co.uk - 2026-05-20 04:50:22