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Sainsbury’s grocery growth offsets weaker merchandise and Argos sales in Q3
Yahoo Finance· 2026-01-09 15:31
UK-based supermarket chain Sainsbury’s posted stronger third-quarter grocery sales and held its full-year profit outlook, despite weaker performance in general merchandise and Argos. In the 16 weeks to 3 January 2026, total retail sales excluding fuel increased 3.9% year-on-year to £10.02bn ($13.43bn) Total retail sales, including fuel, climbed to £11.12bn, up from £10.76bn in the same quarter last year. Grocery sales advanced 5.4% over the period while general merchandise and clothing declined 1.1%. ...