Brief: Sainsbury Says Impact Of Conflict In Middle East On Customers & Business Remains Uncertain
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BRIEF-Sainsbury Says Impact Of Conflict In Middle East On Customers & Business Remains Uncertain June 30 (Reuters) - J Sainsbury PLC SBRY.L:
TRADING STATEMENT
IMPACT OF CONFLICT IN MIDDLE EAST ON OUR CUSTOMERS AND OUR BUSINESS REMAINS UNCERTAIN
CONTINUE TO EXPECT TO DELIVER TOTAL UNDERLYING OPERATING PROFIT OF BETWEEN £975 MILLION AND £1,075 MILLION FOR 2026/27
Q1 TOTAL RETAIL SALES (EXC. FUEL) UP 2.7%
Q1 LIKE-FOR-LIKE SALES (EXC. FUEL) UP 2.1%
EXPECT RETAIL FREE CASH FLOW OF MORE THAN £500 MILLION FOR 2026/27
ON TRACK TO DELIVER £1 BILLION COST SAVINGS OVER THREE YEARS TO MARCH 2027
EXPECT TO CONTINUE TO OUTPERFORM GROCERY MARKET FOR 2026/27
((Reuters.Briefs@thomsonreuters.com;;))
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Brief: Sainsbury Says Impact Of Conflict In Middle East On Customers & Business Remains Uncertain