5 hours ago
J Sainsbury (SBRY) has announced the commencement of another share buyback tranche following recent half-year results and the sale of a “financial services cards portfolio”.
229 days ago
J Sainsbury (SBRY) has issued a third quarter trading statement to 6th January 2024 emphasising that it has outperformed the market every week of this financial year and to “continue to expect underlying profit before tax in 2023/24 of between £670 million and £700 million”.
296 days ago
J Sainsbury (SBRY) has announced results for its half-year ended 16th September 2023 and that, with “strong trading momentum” having continued in recent weeks, it is confident heading into the peak trading period.
501 days ago
J Sainsbury (SBRY) has issued a trading statement for the 16 weeks ended 24th June 2023, emphasising “continued strong Grocery momentum” and “General Merchandise growth driven by further Argos market share gains, with strong Consumer Electronics sales offsetting weaker early Summer seasonals performance”. So what of this with a now 269.6p share price?
563 days ago
J Sainsbury (SBRY) has announced results for its year ended 4th March 2023 and said that it’s starting the new financial year with great momentum.
597 days ago
J Sainsbury (SBRY) recently concluded its financial year. However, there look to be good reasons to look forward to the 27th April-scheduled numbers and beyond with confidence with the resilient nature of its core business in a currently highly uncertain macro environment.
1258 days ago
Recommending shares in J Sainsbury (SBRY) as an Income buy in November at a 199.7p offer price, we noted grocery and general merchandise sales had remained strong to date in its second half of the year and suggested a 260p+ share price achievable. Little more than 7 months later the shares are already nearly there.
1299 days ago
J Sainsbury (SBRY) has announced results for its year ended 6th March 2021 and that it has “carried good underlying trading momentum into the new financial year and started the year strongly”.
1422 days ago
Which Bulletin Board Moron said we couldn’t tip a waiter? J Sainsbury (SBRY) has issued a Q3 trading statement. There were Christmas sales changes due to smaller gatherings but despite this and, even after forgoing business rates relief, it still expects to report underlying pre-tax profit of “at least” £330 million in the financial year to March 2021. That is better than we and the market had hoped for.
1472 days ago
Recently-announced results from J Sainsbury (SBRY) included “sales (excluding VAT) down 1.1 per cent” and “loss before tax £(137) million”. The shares responded lower – but that after recently rising and they are now back on the rise again and we can see why…
3615 days ago
Quindell (QPP) later. For now I look at Boohoo, ASOS, Sainsbury, Majestic Wines, whether online retailers should get a premium to offline retailers and comment en passant on Range Resources and Tern but in detail on IGAS and in total detail on the disgraceful behaviour of Mr Steve Berry and Touchstone Gold. This is truly disgusting and the man has no place on the AIM casino while Touchstone is officially a POS.
3897 days ago
This video interview between Tom Winnifrith and Lucian Miers was recorded and published first on their Nifty Fifty website. In light of developments at a number of stocks featured it merits a wider audience.
On the Agenda
1. Gulf Keystone
2. Avanti Communications
3. The Market generally
4. Naibu
5. Globo
6. J Sainsbury
7. Blinkx
4276 days ago
Robert Sutherland Smith is again proving that he is still alive with another guest post. Robert started his City career the year before I was born and is, I think, 157 years old. Fear not. He is very much alive and kicking. He and I have worked together for almost eight years at t1ps.com . He is my friend and he is a very funny and intelligent chap. He is now branching out to celebrate his 158th by doing some freelance writing over at TradingResearchPoint on FTSE 350 Income stocks. Robert is a speaker at the UKInvestor Show on April 13th. He is a great one for focussing on yield. RSS today looks at J Sainsbury. RSS writes:
In the chemical filing cabinet that serves that as my memory, I had evidently misfiled Sainsbury under the heading ‘no dividend interest’; presumably nudged by another memorized observation that Sainsbury has been handsomely outperforming William Morrison and Tesco – which I have also recently reviewed as a dividend paying candidate. The truth is of course that Sainsbury is notably well qualified to serve as an above average dividend yielder. So I have looked at the situation to see what Lord Sainsbury’s store has to offer by way of useful dividend income.
The Lord Sainsbury thing is a little joke of mine which I like to share with the bemused staff at my local Sainsbury when I send my personal regards through them to Lord Sainsbury.
