Sainsbury Clams Up On Food Sales

Sainsbury (J) plc SBRY Like for like group retail sales at Sainsbury fell by 0.5% in the 9 weeks to the 11th March but very, very strangely it tries to get away with keeping its food sales secret.  Argos did very well with a like for like rise of 4.3% and TU clothing did even […]

Big News from Sainsbury- Broccoli & Onion Prices Permanently Reduced

Sainsbury J. SBRY has had to admit that during its second quarter to the 24th September, it has, because of price deflation, had to sell more to earn less. Despite like for like transaction and volume growth, like for like retail sales were down by 1.1% and total retail sales by 0.4%. As for the […]

Sainsbury Slashes Price of Eggs As Sales Fall.

Sainsbury J. SBRY When a major supermarket group has to describe a 0.8% fall in like for like retail sales excluding fuel,  as a solid start to the year, then you know that the industry’s problems are massive and that this particular company and its management  are troubled.  But it has permanently slashed the price […]

Sainsbury’s Doing Well in Financial Services – The Problem Is Food

J. Sainsbury SBRY has been forced to cut its final dividend, even if only by a small amount,0.1p or 1.2%, making a total cut for the year of of 8.3%. It claims a strong performance in clothing, general merchandise and financial services which, coming from a food store, indicates a problem or two with the food […]

Zak Mir & Brand CEO Alan Green discuss latest macro headlines on TipTV

Zak Mir, Technical Analyst for Zak’s Traders Cafe, was alongside Alan Green, CEO of Brand Communications, when he opened the Tip TV Finance Show to discuss the latest macroeconomic headlines including focus on the BoJ after their recent meeting, as well as the performance of LGEN and SBRY after the release of results and the […]

Sainsbury Fights Back – With Butternut Squash Noodles

Sainsbury (SBRY) still lives in cloud cuckoo land, with  management  proudly boasting that a miniscule rise of 0.1% in fourth quarter like for like sales shows strong growth. This is the first quarterly like for like sales rise in two years, so if you  really are desperate and want to keep your job it is […]