Stay-at-home Christmas celebrations bring cheer to Sainsbury’s quarterly figures
07 January 2021 - 14:58
London — British supermarket group Sainsbury’s raised its profit outlook after beating its own expectations for trading in the Christmas quarter as Covid-19 restrictions meant people celebrated more at home.
Sainsbury’s, Britain’s largest grocer after Tesco, said on Thursday like-for-like sales, excluding fuel, rose 8.6% over the 15 weeks to January 2, its fiscal third quarter...
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