Company Earnings UpdateSainsbury’s (LSE: SBRY) 3Q18 Update: Modest Comp Growth Exceeds Expectations Coresight Research January 11, 2018 Executive Summary UK grocery retailer Sainsbury’s reported comparable sales growth of 1.1% in 3Q18, ahead of the consensus estimate. This includes its general-merchandise banner Argos. The company grew grocery sales by 2.3%, with online groceries up 8.2% and convenience store sales up 7.3%. Sainsbury’s raised its guidance for full-year underlying profit. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Lower-Income Consumers’ Economic and Financial Sentiment Improves: US Consumer Survey InsightsAnalyst Corner: What Happened with US and China Consumer Sentiment on the Eve of Expected Tariffs? with John MercerThree Data Points We’re Watching This Week, Week 11: US CPG E-Commerce LatestThe Tech-Driven Future of US Retail: AI To Power Smarter Supply Chains, Seamless Operations and Personalized Experiences
