UK's Sainsbury's falls after flagging impact from Middle East conflict

J Sainsbury

23/04/2026 08:25

** British supermarket chain Sainsbury's SBRY.L slides 5.5% at 333.8p; stock among top losers on FTSE-100 index .FTSE

** Co says conflict in Middle East will impact both its customers and business

** Records 2025/26 retail underlying operating profit of 1,025 million pounds, down 1.1% on 2024/25

** "The duration and extent of these (Middle East conflict) impacts is very uncertain and this is reflected in our profit guidance," Sainsbury's says

** SBRY forecast 2026/27 total underlying operating profit between 975 million pounds ($1.32 billion) and 1,075 million pounds

** YTD, stock up ~1.51%

($1 = 0.7411 pounds)

 (Reporting by Rishab Shaju in Bengaluru)

 ((Rishab.shaju@thomsonreuters.com ; +91 9048142177))