Sainsbury’s predicts flat profits as grocery price war heats up

Sainsbury's slashes price of £15.50 Cadbury eggs as they're left on shelves - The Mirror

It seems likes two Cadbury Easter eggs which formerly carried a heft £15.50 price tag in Sainsbury's may not be that in demand as heaps of the eggs have been seen left on shelves ahead of Easter Sunday

Sainsbury’s invests £1billion on pricing to fight rivals Tesco and Asda

GROCERY chain Sainsbury’s yesterday entered the growing supermarket war by announcing it will invest £1billion to improve its pricing. It was responding to a similar vow from rival Tesco this month, while Asda said in March it would slash prices in a bid to turn around its fortunes. GettySainsbury’s has invested £1billion on pricing to fight its biggest rivals[/caption] Sainsbury’s reported that profits rose by 7.2 per cent to £1.03billion for t…

Sainsbury’s reports healthy growth despite fears of a supermarket price war

Sainsbury’s has reported a healthy 7.2% increase in operating profit; however it is forecasting underlying profit for 2025/26 to be in the order of £1 billion ($1.3 billion)—slightly down by £36 million ($47.6 million) on the year to March 1st. The supermarket reported it is on track to deliver a further £1 billion ($1.3 billion) in cost savings by the financial year 2026/27. The U.K. supermarket chain also advised that its £200 million ($265 mi…

Sainsbury’s to slash prices in supermarket war with Tesco

Sainsbury’s has indicated that profits will be flat over the next year as it faces competition on price and a surge in costs

Sainsbury’s predicts flat profits as grocery price war heats up

The retailer said full-year sales, excluding fuel, rose by 4.2% to £26.6 billion as it increased its share of the UK grocery market.

Sainsbury's warns of profit dip amid supermarket price war

SAINSBURY’s has forecast that profits from its retail operations may remain flat or decline over the coming year as it continues to reduce grocery prices.The company expects to generate £1bn in profit, with an underlying dip of around £36m, as competition intensifies across the supermarket sector.The retailer’s move comes amid expectations of a price war triggered by Asda, which, under new executive chairman Allan Leighton, announced a plan to c…