J Sainsbury PLC

J Sainsbury Plc engages in the retailing, financial services, and property investment businesses. It operates through the following segments: Retail-Food, Retail-General Merchandise and Clothing, and Financial Services. The Retail segment distributes food, general merchandise, and clothing. The Financial Services segment includes Sainsbury's Bank Plc and Argos Financial Services entities. The company was founded by John James Sainsbury and Mary Ann Sainsbury in 1869 and is headquartered in London, the United Kingdom.

J Sainsbury PLC (LSE:SBRY) is taking on an additional 20,000 staff over Christmas as it gears up for the annual seasonal splurge. Contracts will be across the UK and last for between three weeks and three months.

Sainsbury's to take on 20,000 Christmas staff

Britons bruised by a cost of living crisis will not start spending strongly again until the new Labour government sets out its tax and spending plans, and interest rates fall further, the boss of supermarket Sainsbury's said.

Sainsbury's boss looks to UK budget to lift spending gloom

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.

Should Value Investors Buy J. Sainsbury (JSAIY) Stock?

British supermarket group Sainsbury's said it has sold its cash machine operation in a further move to simplify its banking business and reduce costs.

Britain's Sainsbury's sells cash machine business

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J Sainsbury PLC (LSE:SBRY)'s acquisition of 10 former Homebase stores is great news, not just for the estimated 1,000 new employees, but for Britain's second-largest grocery store's bottom line. “The deal, which we warmly welcome, is consistent with the strategy set out in its 2024 Capital Markets Day,” noted Shore Capital markets analysts.

Sainsbury's Homebase bolt-ons warmly welcomed by City broker

J Sainsbury PLC (LSE:SBRY) will take over and convert Homebase stores into its own supermarkets under a £130 million expansion plan. As part of a deal with the DIY retailer, Sainsbury's will buy 10 shops and convert these into its own sites for Christmas next year.

Sainsbury's snaps up Homebase stores in £130mln expansion

Britain's second-largest supermarket group, Sainsbury's, said on Thursday it had agreed to acquire 10 leasehold stores from home improvement retailer Homebase to covert into supermarkets.

UK's Sainsbury's agrees deal to acquire 10 Homebase stores

Tesco PLC

Major UK retailers are often misleading customers over how good the deals are on their loyalty card schemes, according to an investigation by consumer group Which? Supermarket and chemist chains frequently raised the non-member price to make their loyalty offers look better, the research found, having examined 12,000 prices and deals at Tesco PLC (LSE:TSCO), J Sainsbury PLC (LSE:SBRY), Boots, Superdrug, Morrisons, Asda and Coop.

Tesco, Boots and Sainsbury's 'need regulatory guidance' over loyalty discounts

J Sainsbury PLC (LSE:SBRY) shares have ticked close to 2% higher today after it was revealed the supermarket had made its largest market share gain in nearly three decades over the last quarter. UK market share for the country's second-largest supermarket lifted from 14.8% in 2023 to 15.3% in the quarter to August 4, marking its largest leap since 1997 and keeping it on track to be the fastest-growing traditional supermarket.

Sainsbury's posts largest market share gain since 1997

J Sainsbury PLC (LSE:SBRY) and the Union of Shop, Distributive and Allied Workers (USDAW) have jointly called on the Labour government to “deliver on its promise” to reform business rates, warning that failure to act could result in 17,300 retail store closures over the next decade.  The call follows research conducted by Development Economics highlighting the impact of rising business rates on the retail sector.

Sainsbury's calls on Labour to deliver on business rate reform promises

J Sainsbury PLC (LSE:SBRY) stores across the country suffered an expected issue this week after a glitch allowed customers to repeatably use the same voucher at self-checkout tills. Videos of customers exiting with multiple shopping trolleys filled to the brim began circulating on social media earlier this week after the public found out about the glitch.

Sainsbury's glitch sees customers exit with free shopping

Tesco PLC (LSE:TSCO) and J Sainsbury PLC (LSE:SBRY) have continued to strengthen their position as the UK's largest supermarkets, while rivals Morrisons, Asda and Aldi falter, industry data revealed on Wednesday. Asda saw its market share drop by 1.1% to 12% in the last year after it experienced a 5.9% drop in sales during the four weeks to July 13, NIQ data showed.

Tesco and Sainsbury's grow market share as Asda and Aldi slip

French payments group Worldline has apologised to customers in the UK after a glitch in its systems saw payments refused across a range of shops this morning including Sainsbury's, M&S and Asda. “Operating conditions were swiftly restored and Worldline's teams are fully mobilized to monitor the normalised situation.

Sainsbury's payments back up, French group apologises for problems

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Shares in Ladbrokes owner Entain PLC (LSE:ENT) and J Sainsbury PLC (LSE:SBRY) are higher in end-of-day exchanges. Could it be football fever?

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J Sainsbury plc (OTCQX:JSAIY) Q1 2024/2025 Trading Statement Earnings Conference Call July 2, 2024 4:15 AM ET Company Participants Simon Roberts - Chief Executive Officer Blathnaid Bergin - Chief Financial Officer Conference Call Participants Sreedhar Mahamkali - UBS Izabel Dobreva - Morgan Stanley Monique Pollard - Citigroup Inc. François Digard - Kepler Cheuvreux Anna Schumacher - BNP Paribas Exane Paul Rossington - HSBC Darren Shirley - Shore Capital Operator Hello, and welcome to the Sainsbury's 2024/2025 Q1 Trading Statement Analyst Q&A Call. On the call this morning is Simon Roberts, Chief Executive; and Blathnaid Bergin, Chief Financial Officer.

J Sainsbury plc (JSAIY) Q1 2024/2025 Trading Statement Earnings Call Transcript

Britain's second-largest supermarket chain J Sainsbury PLC (LSE:SBRY) appears to be undervalued in light of today's trading statement, according to City brokers. Sainsbury's enterprise value ratios against sales and underlying earnings (EBITDA), which came to 0.35 times and 5.4 times respectively, are “too low for us”, said house broker Shore Capital Markets.

Sainsbury's tipped to outperform, thanks to shoppers tasting the difference

J Sainsbury PLC (LSE:SBRY) boss Simon Roberts has joined a growing list of business leaders who are calling for the closure of a tax loophole that benefits foreign e-commerce retailers. Under current tax rules, consumers can make orders worth less than £135 online from overseas sellers and not have to pay customs duty, providing direct boosts to companies like fashion giant Shein.

Sainsbury's boss hits out at e-commerce tax loophole

J Sainsbury plc reported a 6.2% decline in year-on-year sales at its Argos subsidiary in the latest quarter due to a drop in demand for consumer electronics. Sales at the catalogue-based retail chain fell 6.2% in the 16 weeks to 22 June and while this was against strong 2023 comparatives, Sainsbury's also acknowledged “significantly lower” seasonal sales and weak demand for electronics, particularly gaming.

Sainsbury's suffers Argos sales dip as electronics demand falls off

Sainsbury's, Britain's second largest supermarket group, kept its annual financial guidance as it reported a 3% rise in first-quarter underlying sales, though robust grocery sales were partially offset by weather-related weakness in non-food areas.

UK's Sainsbury's says weak non-food weighs on quarterly sales growth

Tesco and Sainsbury are coming under pressure from a resurgent Morrisons, according to an analysis of the grocery sector's latest numbers by JP Morgan. Morrisons' improving shape is driven by better execution and self-help, says the US bank.

News for J Sainsbury PLC Stock (JSAIY)