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Sainsbury(JSAIY) - 2024 Q2 - Earnings Call Presentation
2023-11-04 21:38
Financial Performance - The company's retail underlying operating profit increased to £485 million in H1 23/24 from £477 million in H1 22/23[24] - The underlying profit before tax remained flat at £340 million for both H1 22/23 and H1 23/24[25] - Retail free cash flow decreased from £759 million in H1 22/23 to £520 million in H1 23/24[28] - Basic earnings per share decreased slightly from 112 pence in H1 22/23 to 105 pence in H1 23/24[29] - The interim dividend per share remained constant at 39 pence for both H1 22/23 and H1 23/24[29] Sales and Market Share - Grocery volume share has shown consistent growth, reaching 118% in H1 23/24[5] - Total retail sales (excluding fuel) increased by 77% in H1 23/24 [23] - Total retail sales (including fuel) increased by 26% in H1 23/24 [23] Strategic Initiatives and Progress - The company has achieved significant cost savings, with £11 billion in cost savings delivered since March 2021 [98] - The company is improving its price competitiveness, with price index improvements against Aldi (1600bps), Tesco (220bps), and Lidl (1270bps) [9, 10, 11] - Online sales are back in growth, with a 78% increase in items picked per hour in Q2 YoY [80] Financial Services - Financial Services underlying operating profit decreased from £19 million in H1 22/23 to £13 million in H1 23/24[25] - Total customer lending in Financial Services decreased from £51 billion to £48 billion [33]
Sainsbury(JSAIY) - 2024 Q2 - Earnings Call Transcript
2023-11-04 21:33
J Sainsbury PLC (OTCQX:JSNSF) Q2 2024 Earnings Conference Call November 2, 2023 5:00 AM ET Company Participants Simon Roberts - CEO Blathnaid Bergin - CFO Conference Call Participants Frederick Wild - Jefferies Andrew Gwynn - BNP Paribas Exane Izabel Dobreva - Morgan Stanley James Anstead - Barclays Bank Clive Black - Shore Capital Group Nick Coulter - Citigroup David Roux - Bank of America Merrill Lynch William Woods - Sanford C. Bernstein & Co. Sreedhar Mahamkali - UBS Simon Roberts Good morning, everyone ...
Sainsbury(JSAIY) - 2023 Q4 - Earnings Call Transcript
2023-04-29 21:16
J Sainsbury plc (OTCQX:JSNSF) Q4 2023 Results Conference Call April 27, 2023 4:15 AM ET Company Participants Simon Roberts - Chief Executive Officer Blathnaid Bergin - Chief Financial Officer Conference Call Participants Andrew Gwynn - BNP Paribas Exane Clive Black - Shore Capital James Anstead - Barclays James Grzinic - Jeffries Simon Roberts Well, good morning, everyone, and welcome to our '22/'23 Full-Year Results Presentation. I'm really delighted to see everyone here this morning. It's the first time w ...
Sainsbury(JSAIY) - 2022 Q2 - Earnings Call Presentation
2022-11-05 06:44
J Sainsbury plc Interim Results 2022/23 J Sainsbury plc Simon Roberts Chief Executive Officer Agenda 01 Progress against priorities 02 Financial highlights 03 Strategic highlights 3 J Sainsbury plc Interim Results 2022/23 Progress against priorities Financials Strategic highlights Our priorities • Better value and innovation • Underpinned by buying benefits and lower cost to serve • Customer and profit focus • Supporting the core food business • Structurally lower operating costs to fuel investment in the c ...
Sainsbury(JSAIY) - 2022 Q1 - Earnings Call Presentation
2022-04-29 16:04
J Sainsbury plc Preliminary Results 2021/22 J Sainsbury plc Simon Roberts Chief Executive Officer Agenda Progress against priorities Financial highlights Strategic highlights 01 02 03 3 J Sainsbury plc Preliminary Results 2021/22 Progress against priorities Financials Strategic highlights Responding to a year of unprecedented change Customers and colleagues first • Market leading safety scores • Over £100m wage rate investment • Maintained increased online capacity Industry impact and change • Leveraged str ...
Sainsbury(JSAIY) - 2022 Q4 - Earnings Call Transcript
2022-04-28 12:50
Call Start: 04:30 January 1, 0000 5:23 AM ET J Sainsbury plc (OTCQX:JSNSF) Q4 2022 Earnings Conference Call April 28, 2022, 4:30 AM ET Company Participants Simon Roberts – Chief Executive Officer Kevin O'Byrne – Chief Financial Officer Conference Call Participants Andrew Gwynn – Exane BNP Paribas James Anstead – Barclays Rob Joyce – Goldman Sachs James Grzinic – Jefferies William Woods – Bernstein Xavier Le Mené – Bank of America Securities Clive Black – Shore Capital Andrew Porteous – HSBC Nick Coulter – C ...
Sainsbury(JSAIY) - 2022 Q2 - Earnings Call Transcript
2021-11-08 01:35
J Sainsbury plc (OTCQX:JSNSF) Q2 2022 Earnings Conference Call November 4, 2021 5:30 AM ET Company Participants | --- | |---------------------------------------------------------------------------------| | | | Simon Roberts - Chief Executive Officer Kevin O'Byrne - Chief Financial Officer | | Conference Call Participants | | William Woods - Bernstein | | Fabienne Caron - Kepler Cheuvreux | | Rob Joyce - Goldman Sachs | | Andrew Gwynn - Exane BNP Paribas | | Andrew Porteous - HSBC | Simon Roberts Good mornin ...
Sainsbury(JSAIY) - 2021 Q4 - Earnings Call Transcript
2021-05-01 18:30
J Sainsbury PLC (OTCQX:JSNSF) Q4 2021 Earnings Conference Call April 28, 2021 4:30 AM ET Company Participants Simon Roberts - CEO Kevin OÂ'Byrne - CFO Conference Call Participants Nick Coulter - Citi Sreedhar Mahamkali - UBS Andrew Gwynn - Exane BNP Victoria Petrova - Credit Suisse James Anstead - Barclays Rob Joyce - Goldman Sachs Xavier Le Mené - Bank of America Borja Olcese - JP Morgan Thomas Davies - Berenberg Simon Roberts Good morning. Welcome to our 2020/2021 results presentation. Thank you everyone ...
Sainsbury(JSAIY) - 2021 Q1 - Earnings Call Presentation
2021-04-30 12:15
Financial Performance - Group underlying profit before tax decreased by 39% from £586 million in FY19/20 to £356 million in FY20/21[15] - Retail operating profit decreased by 22% from £938 million in FY19/20 to £730 million in FY20/21[11] - Financial Services operating profit decreased from £48 million in FY19/20 to a loss of £(21) million in FY20/21[13] - Free cash flow increased by 28% from £611 million in FY19/20 to £784 million in FY20/21[20] - Net debt excluding leases decreased by £539 million from £1,179 million in FY19/20 to £640 million in FY20/21[20] Sales Performance - Total Retail FY Sales growth was 7.3%[9] - Grocery FY Sales were up by 8.3%[9] - General Merchandise FY Sales were up by 17.6%[9] - Clothing FY Sales were down[9] Digital Performance - Digital grocery sales increased by 120%[57, 107] - Argos digital sales increased by 68%[57] - Smartshop sales increased by 173%[57] Dividend - Total dividend per share for both FY19/20 and FY20/21 is 10.6p[22]
Sainsbury(JSAIY) - 2021 Q2 - Earnings Call Transcript
2020-11-08 08:40
J Sainsbury PLC (OTCQX:JSAIY) Q2 2021 Earnings Conference Call November 5, 2020 4:30 AM ET Company Participants Kevin O'Byrne - CFO Simon Roberts - CEO, Director & Chairman Conference Call Participants Kevin O'Byrne Good morning, and thank you for listening into this presentation. I will cover the financial highlights for the 28 weeks to September '19. First, before Simon covers our operational performance and the details of our updated strategy, let me start with the key numbers. Retail sales, excluding fu ...