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5 days ago · proactiveinvestors.co.uk
Sainsbury shares rise 4% as market shrugs off flat profit forecastJ Sainsbury PLC (LSE:SBRY) shares were up 4% in early trading after the supermarket said it expects profits to hold steady this year at around £1 billion. The group is forecasting retail underlying op...

5 days ago · proactiveinvestors.co.uk
Sainsbury warns profits will be flat this year despite upbeat sales momentumThe grocer signalled that cost savings and solid trading may not be enough to push earnings higher after four years of heavy investment. J Sainsbury PLC (LSE:SBRY) expects its underlying retail operat...

1 week ago · proactiveinvestors.co.uk
Tesco and Sainsbury well-bid as investors look for defensive havens amid trade war worriesTesco PLC (LSE:TSCO) shares climbed 4% on Friday, with Sainsbury's up 3%, as investors chose to look beyond a cautious profit outlook and instead focused on the sector's reputation for resilience in t...

1 week ago · proactiveinvestors.co.uk
Tesco hits shares in Sainsbury's and M&S as analysts say 'knuckledusters are out'The Tesco PLC (LSE:TSCO) results and new financial guidance on Thursday morning hit not only its own shares but also those of its grocery sector rivals, with analysts saying the UK's largest supermark...