Sainsbury Third Quarter - Willu Invest

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    Sainsbury Third Quarter

    Third quarter results stated:

    Record Christmas week driven by excellent operations across the Group
    Total retail sales up 1.2 per cent (excl. fuel) and like-for-like sales up 1.1 per cent (excl. fuel)
    Grocery sales grew 2.3 per cent with Groceries Online and Convenience up 8.2% and 7.3% respectively
    Full year underlying profit before tax now expected to be moderately ahead of published consensus

    As of 8.02am the stock was trading up c.1.8% at c.253p


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