UK's Sainsbury's bottoms FTSE 100 on retaining annual profit outlook

J Sainsbury

09/01/2026 08:44

** British supermarket chain Sainsbury's SBRY.L down 5.1% at 312.2p; top loser on FTSE 100 index .FTSE

** Maintains FY retail underlying operating profit forecast of more than 1 billion pounds ($1.34 billion)

** Posts 3.4% rise in underlying sales for Christmas quarter while sales at Argos, co's multi-category retailer, falls 1%

** General merchandise and clothing sales in SBRY's stores falls 1.1% in Q3

** In 2025, SBRY shares gained 22.8%

($1 = 0.7448 pounds)

 (Reporting by Atharva Singh in Bengaluru)

 ((Atharva.singh@thomsonreuters.com))