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J Sainsbury PLC (JSAIY.PK)

JSAIY.PK on OTC Markets Group

14.53USD
3:59pm EST
Change (% chg)

$-0.08 (-0.55%)
Prev Close
$14.61
Open
$14.56
Day's High
$14.57
Day's Low
$14.31
Volume
27,015
Avg. Vol
57,472
52-wk High
$14.70
52-wk Low
$11.78

Latest Key Developments (Source: Significant Developments)

Sainsbury's CEO says expects full year profit of over 572 mln stg
Wednesday, 10 Jan 2018 03:33am EST 

Jan 10 (Reuters) - Sainsbury's ::SHARES UP 1.7 PERCENT AFTER FIRM BEATS FORECASTS FOR CHRISTMAS TRADING, UPGRADES PROFIT OUTLOOK.CEO SAYS GROCERY SALES VOLUMES "WENT BACKWARDS SLIGHTLY" IN Q3.CEO SAYS ARGOS IMPROVED MARKET SHARE IN Q3.CEO SAYS TOY SALES "WERE CHALLENGED" IN Q3.CEO SAYS PREMIUM RANGE "TASTE THE DIFFERENCE" GREW SALES 6 PERCENT IN Q3.CFO SAYS OVERALL RETAIL BUSINESS DELIVERED EXACTLY IN Q3 AS MANAGEMENT EXPECTED.CEO SAYS EXPECTS FY PRETAX PROFIT OF OVER 572 MILLION STG.  Full Article

Sainsbury's shares lower as Q2 sales growth slows
Thursday, 9 Nov 2017 04:04am EST 

Nov 9 (Reuters) - Sainsbury's :Shares down 2.9 percent as Q2 underlying sales growth slows.CEO says gained market share in general merchandise in first half.CEO says UK customers currently "very value conscious".CEO says "confident in Christmas offer", group "in pretty good shape".  Full Article

St. Ives says contract with Sainsbury's will not be renewed
Thursday, 21 Sep 2017 08:01am EDT 

Sept 21 (Reuters) - St Ives Plc :ST. IVES PLC - STATEMENT RE CONTRACT.ST IVES - INFORMED BY SAINSBURY'S THAT CONTRACT WITH GROUP'S MARKETING ACTIVATION SEGMENT WILL NOT BE RENEWED.ST IVES PLC - ‍MANAGEMENT WILL BE INITIATING ACTIONS TO REDUCE COST BASE OF SEGMENT TO MITIGATE IMPACT OF NON-RENEWAL OF CONTRACT​.ST IVES - DUE TO STRONGER THAN EXPECTED TRADING OUTLOOK IN STRATEGIC MARKETING UNIT, CO DOES NOT SEE NON-RENEWAL OF CONTRACT TO HAVE IMPACT ON FY OUTLOOK.  Full Article

GE's Current partnering with Sainsbury's for LED lighting
Monday, 26 Jun 2017 08:01am EDT 

June 26 (Reuters) - General Electric Co :General Electric- Current is partnering with Sainsbury's to make it first grocery retailer in U.K. To power all its supermarkets entirely by LED lighting.  Full Article

J Sainsbury is exploring a takeover bid for Palmer & Harvey- Sky News, citing sources
Friday, 26 May 2017 06:19am EDT 

May 26 (Reuters) - :J Sainsbury Plc is exploring a takeover bid for Palmer & Harvey- Sky News, citing sources.  Full Article

Sainsbury's says over 3 to 5 year period can deliver profit growth
Wednesday, 3 May 2017 03:36am EDT 

May 3 (Reuters) - Sainsbury's :Shares down 2.7 percent on cautious outlook with full year results.Sainsbury's CEO says over 3 to 5 year period firm can deliver profit growth.CFO says comfortable with analysts' profit consensus for 2017-18 of 573 million stg.  Full Article

Sainsbury's "happy" with 2016-17 profit consensus of 578 mln stg
Thursday, 16 Mar 2017 04:32am EDT 

Sainsbury's : Shares down 2.5 percent after Q4 underlying supermarket sales edge lower, highlights cost price pressures . CFO says "very happy" with analysts' 2016-17 pretax profit consensus of 578 million stg Further company coverage: [nL5N1GT18G] (London Newsroom) ((UK.online@Reuters.com; +44 (0)20 7542 7717;)).  Full Article

Food Standards Agency says Sainsbury's recalls stir fry products due to possible presence of salmonella
Thursday, 9 Feb 2017 02:40pm EST 

Food standards agency :Says Sainsbury's recalls stir fry products due to possible presence of salmonella; no other Sainsbury's products known to be affected.  Full Article

Sainsbury's says Christmas trading has "reinforced case" for Argos purchase
Wednesday, 11 Jan 2017 03:14am EST 

Sainsbury's : Interim CFO says deflation in grocery business in Q3 measured at 0.5 percent . Interim CFO says comfortable with analysts' consensus for 2016-17 pretax profit . CEO says Christmas trading has "reinforced case" for Argos acquisition . Shares up 3.4 percent after reporting better-than-expected Xmas sales Further company coverage: [SBRY.L] (London Newsroom) ((UK.online@Reuters.com; +44 (0)20 7542 7717;)).  Full Article

Morrisons says deflation eased in Xmas trading period
Tuesday, 10 Jan 2017 03:05am EST 

Morrisons : CFO says saw some easing of deflation from Q3 to Xmas trading period . CFO says priority is to be "very competitive" . CFO says online contribution to Xmas period like-for-like growth was 0.6 percent . CFO says deflation in 9 week Xmas period was 0.2 percent . Shares open up 4 percent as Xmas sales beat forecasts, profit guidance raised . Tesco shares up 4 percent, Sainsbury up 2.4 percent Further company coverage: (London Newsroom) ((UK.online@Reuters.com; +44 (0)20 7542 7717;)).  Full Article

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Sainsbury's targets cost savings with store management shake-up

LONDON Sainsbury's , Britain's second largest supermarket group, said on Tuesday it would restructure its store management as it seeks to achieve another round of targeted cost savings.