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02.07.2024 08:24:26 - dpa-AFX: J Sainsbury Q1 Retail Sales Grow; Plans To Return At Least GBP 250 Mln To Shareholders
LONDON (dpa-AFX) - J Sainsbury plc (JSAIY.PK), a British supermarket chain,
Tuesday said its total retail sales for the first quarter increased 2.1 percent
from last year. Excluding fuel, sales grew 2.3 percent.
On a like-for-like basis, sales growth was 2.4 percent, while excluding fuel,
sales increased 2.7 percent.
Looking ahead, the company continues to expect full-year underlying operating
profit of between 1.010 billion pounds and 1.060 billion pounds.
Sainsbury expects to return at least 250 million pounds to shareholders once the
sale of Sainsbury's Bank's Core Banking Business to NatWest is complete and the
future model for Argos Financial Services is in place, the company said in a
statement.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
Tuesday said its total retail sales for the first quarter increased 2.1 percent
from last year. Excluding fuel, sales grew 2.3 percent.
On a like-for-like basis, sales growth was 2.4 percent, while excluding fuel,
sales increased 2.7 percent.
Looking ahead, the company continues to expect full-year underlying operating
profit of between 1.010 billion pounds and 1.060 billion pounds.
Sainsbury expects to return at least 250 million pounds to shareholders once the
sale of Sainsbury's Bank's Core Banking Business to NatWest is complete and the
future model for Argos Financial Services is in place, the company said in a
statement.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
| Name | WKN | Börse | Kurs | Datum/Zeit | Diff. | Diff. % | Geld | Brief | Erster | Schluss | |
|---|---|---|---|---|---|---|---|---|---|---|---|
 |
SAINSBURY-J.- LS-28571428 | A0B6G0 | Frankfurt | 2,996 | 05.07.24 08:05:21 | +0,008 | +0,27% | 0,000 | 0,000 | 2,996 | 2,996 |
