SBRY

12 days ago

J Sainsbury – Q3, including Christmas, trading statement, still income value

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”.

79 days ago

J Sainsbury – interims note continuing “strong trading momentum”, a 300p+ share price realistic...

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.

284 days ago

J Sainsbury – Q1 trading statement, a current trading momentum Buy

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?

306 days ago

Tom Winnifrith Bearcast: How to lose $27 billion but not lose your job!

I start with Bud Light and wonder which British company might blow itself up in Pride Month. Sainsbury (SBRY) seems keen to destroy shareholder value. Then it is onto Tingo (FRAUD), Guild ESports (GILD) and Gfinity (GFIN) and Versarien (VRS). Do the maths at 6p and you will be gobsmacked.

346 days ago

J Sainsbury – full-year results, trading great momentum?

J Sainsbury (SBRY) has announced results for its year ended 4^th March 2023 and said that it’s starting the new financial year with great momentum.

380 days ago

J Sainsbury – targeting comfortably above a 300p share price and some decent dividends

J Sainsbury (SBRY) recently concluded its financial year. However, there look to be good reasons to look forward to the 27^th April-scheduled numbers and beyond with confidence with the resilient nature of its core business in a currently highly uncertain macro environment.

1041 days ago

J Sainsbury – recently risen fast for a FTSE ‘elephant’ and another dividend secured, so...

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.

1082 days ago

J Sainsbury – full-year results show there is still income value

J Sainsbury (SBRY) has announced results for its year ended 6^th March 2021 and that it has “carried good underlying trading momentum into the new financial year and started the year strongly”.

1205 days ago

J Sainsbury – a great share tip so far and now a Q3 trading update, still Income value?

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.

1255 days ago

J Sainsbury - an Income buy?

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…

2190 days ago

Tom Winnifrith Bearcast: what a merger of Sainsbury & Asda means for staff, customers and shareholders

There is only one story in the financial papers today - the advanced stage talks between Sainsbury (SBRY) and Asda owner Walmart about merging the two UK operations. I discuss what any marriage, a marriage born of desperation, would mean for staff, customers and shareholders.