Sainsbury's reports healthy growth despite fears of a supermarket price war [Fortune]
J SAINSBURY PLC S/ADR (JSAIY)
NASDAQ:AMEX Investor Relations:
about.sainsburys.co.uk/investors
Company Research
Source: Fortune
of £1 billion ($1.3 billion)—slightly down by £36 million ($47.6 million) on the year to March 1st. The supermarket reported it is on track to deliver a further £1 billion ($1.3 billion) in cost savings by the financial year 2026/27. The U.K. supermarket chain also advised that its £200 million ($265 million) share buyback programme is complete, with a full-year dividend of 13.6 pence (0.18 dollars), up 4% year-on-year. As the grocer gears up for a price war, it is reporting a £800 million ($1.6 billion) capital expenditure budget, much of which will be used to invest in technology to drive growth, loyalty, and better availability. This investment in technology is especially highlighted in the claim by CEO Simon Roberts that they are taking their loyalty scheme, Nectar, “to the next level”. Named Nectar 360, the development mirrors the trend in the industry towards utilising retail media, promising tailored and targeted propositions, market-leading personalisation, and an integr
Show less
Read more
Impact Snapshot
Event Time:
JSAIY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
JSAIY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
JSAIY alerts
High impacting J SAINSBURY PLC S/ADR news events
Weekly update
A roundup of the hottest topics
JSAIY
News
- J. Sainsbury (OTCMKTS:JSAIY) had its "hold" rating reaffirmed by analysts at Jefferies Financial Group Inc..MarketBeat
- J. Sainsbury (OTCMKTS:JSAIY) was upgraded by analysts at Kepler Capital Markets from a "strong sell" rating to a "hold" rating.MarketBeat
- J. Sainsbury (OTCMKTS:JSAIY) was upgraded by analysts at Citigroup Inc. to a "buy" rating.MarketBeat
- J. Sainsbury (OTCMKTS:JSAIY) was upgraded by analysts at Deutsche Bank Aktiengesellschaft to a "buy" rating.MarketBeat
- How Recent Developments Are Shaping the Story Behind Sainsbury's Valuation and Outlook [Yahoo! Finance]Yahoo! Finance