US EditionSainsbury’s posts jump in festive grocery sales as customers traded up
Sainsbury’s grocery sales rose 5.1% fueled by premium and fresh food demand despite a 2.2% drop in Argos and 1% decline in non-food sales, executives said.
- Over the six weeks to January 3, Sainsbury's posted a 5.1% rise in total grocery sales, driven by customers trading up to its Taste the Difference range.
- Shoppers trading up helped, with the Taste the Difference range jumping 15 per cent and fresh food sales rising 8 per cent in the Christmas quarter.
- In the 16 weeks to January 3, like-for-like sales excluding fuel lifted 3.4%, slowing from 4.3%, while Tesco showed a 3.3% rise over six weeks to January 3.
- Sainsbury's shares fell 4 per cent on Friday after third quarter growth came in lower than expected, but the group said it remained on track with recently upgraded retail earnings guidance of more than six hundred million pounds.
- Argos and non-food sales weakened, with Argos sales falling 2.2% and non-food and clothing sales 1% lower, which Sainsbury attributed to a tough promotional market, weak gaming and subdued confidence.
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UK's Sainsbury's faltering non-food sales dent festive grocery cheer
Sainsbury's , Britain's second-largest supermarket group, reported on Friday a fall in general merchandise and clothing sales for the Christmas quarter, taking the shine off a strong food performance and sending its shares sharply lower.
Sainsbury’s posts jump in festive grocery sales as customers traded up
Sainsbury’s has delivered an increase in festive grocery sales as customers traded up to its premium own-brand range but also revealed ongoing pressure in its non-food arm and Argos business.
Sainsbury's shares fall due to Argos sales despite Christmas cheer
Shares in Sainsbury’s fell 5.78% to 310p today despite another strong Christmas trading update. Even though sales rose, the main focus for investors was the weakness at Argos. In its third-quarter trading statement for the 16 weeks to 3rd January 2026, the listed firm reported total retail sales (excluding fuel) up 3.9% year-on-year, with like-for-like sales up 3.4%. Grocery continued to lead performance, with sales up 5.4% over the quarter and…
Sainsbury’s grocery growth offsets weaker merchandise and Argos sales in Q3
Sainsbury’s posted stronger Q3 grocery sales and held its full-year profit outlook, despite weaker performance in general merchandise and Argos.The post Sainsbury’s grocery growth offsets weaker merchandise and Argos sales in Q3 appeared first on Retail Insight Network.
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