Ian Pollard – Sainsbury #SBRY, Asda & Walmart – Merger Banned To Prevent Price Increases

J Sainsbury  plc  and Asda. The proposed merger between Sainsbury”s and Asda has been prohibited by The Competition and Markets Authority  in its final report published today.  As a result, Sainsbury’s, Walmart and Asda have mutually agreed to terminate the transaction.The reasoning behind the prohibition is that the proposed merger would result in increased prices […]

Ian Pollard – Sainsbury #SBRY board reduced to Meaningless Twaddle.

Sainsbury J plc SBRY You know that Sainsbury has a serious problem when the best which it can find to say about Chistmas is that Convenience stores hit a new record on Christmas Eve. Management gives the impression that it is lost for words and so it should be. It has been absolutely trounced during […]

Ian Pollard – If Tha Can Only Talk Nonsense, Shut thi Gob

Rolls Royce Holdings plc RR. is confident that Trent 7000 production and delivery volumes will increase significantly to meet customer commitment in 2019s. Growth in strong large engine flying hours  reported in the first half has also continued into the second half of the year. Rolls is however forced to admit that the number of […]

Ian Pollard – Sainsbury’s Investment in Price Cuts Pays Off

Sainsbury J SBRY First quarter sales for the 16 weeks to the 30th June saw a continuation of the improving volume trend which became evident in the second half of last year. Like for like retail sales grew by 0.2% excluding fuel and grocery sales rose by 0.5% helped by online grocery growth of 7.3% […]

Ian Pollard: Sainsbury – Embarrassed At The Altar

Sainsbury (J) plc SBRY tries to present itself as the blushing bride dressed in all her finery and waiting at the altar for her handsome suitor. Certainly the blushing is well justified having regard to the way in which the annual figures for the year to the 10th March are presented. On an underlying basis […]

Ian Pollard – Sainsbury Beats The Pessimists

Sainsbury J plc SBRY expects full year underlying profit before tax will be moderately ahead of published consensus after a strong third quarter produced a rise of 1.1% in like for like sales, excluding fuel, for the 15 weeks to the 6th January. Groceries online and convenience saw growth of 8.2% and 7.3% respectively leading […]

UK High Street – Not In Good Health ?

Sainsbury SBRY hs been forced to cut  its interim dividend by 14% to 3.1p. Despite all the hype about outperforming this and growing market share in challenging conditions etc etc, in the end it was forced to choose between sticking to its strict policy of paying an interim dividend  equal to 30% of the prior […]

Sainsbury’s Lesson in Retailing

Sainsbury J. SBRY put in a strong performance during the quarter to the 1st July with retail like for like sales growing by 2.3% and grocery sales by an even larger 3%. Online grocery sales surged by 8%. In General merchandising and Clothing, Sainsbury outperformed the market and this was not a one quarter flash […]

Sainsbury Slashes Dividend – Clear Growth Strategy Succeeds

Sainsbury J. SBRY slashes its final dividend by 18.5% for the year to 11th March, sees profit before tax fall by 8.2% and basic earnings per share by 26.8%.  And the CEO has the cheek to trumpet it as a pivotal year with a clear growth strategy which has made significant progress. If it did […]