Sainsbury (J) (SBRY)

Sector:

Food Pharmacy Retail

Index:

FTSE 100

263.60p
   
  • Change Today:
      6.40p
  • 52 Week High: 299.80p
  • 52 Week Low: 239.60p
  • Currency: UK Pounds
  • Shares Issued: 2,339.15m
  • Volume: 7,022,000
  • Market Cap: £6,166m
  • RiskGrade: 132
  • Beta: 0.01

UK shoppers splurge on festive food and drink - NIQ

By Abigail Townsend

Date: Wednesday 08 Jan 2025

LONDON (ShareCast) - (Sharecast News) - UK consumers splashed out a record £14.6bn on food and drink in the run-up to Christmas, industry research showed on Wednesday.

According to consumer research firm NIQ, overall total till sales growth was 3.2% in the four weeks to 28 December.

That was down on November's growth of 3.7%. However, after a slow start to the month food sales rallied, boosted by discounts and increased promotional activity.

The timing of Christmas Eve further helped, with Monday 23 December the peak shopping day, NIQ noted.

Mike Watkins, UK head of retailer and business insight at NIQ, said: "In the last four weeks we've seen the highest levels of promotions in the last three years, with 27% of all fast-moving consumer goods sales being purchased on promotion.

"This has not doubt helped to boost purchasing over the Christmas period."

Among individual retailers, online only grocer Ocado was the fastest growing retailer over the four weeks, despite the popularity of in-person shopping, with sales soaring 13.9%.

Hard discounters Aldi and Lidl also fared well, with sales growth of 4.4% and 8.5% respectively.

Tesco, the UK's biggest grocer, reported a 4.5% uplift in sales while J Sainsbury saw a 3.1% improvement. Asda continued to struggle, however, with sales falling 4.2%.

Across the sector, in-store sales rose by 3.6% while in-store visits increased 8%.

Watkins said: "Overall it was a good Christmas for most food retailers.

"The topline growth was helped by the return of low inflation but also by shoppers being including to buy more in the final week leading up to Christmas Eve.

"However, shoppers still had to spend this year on household bills before buying Christmas indulgences, and this may have taken the edge of the growth in some categories."

On Tuesday, retail consultancy Kantar said sales had risen 2.1% in the four weeks to 29 December, with the average household spending on take-home groceries reaching £460.

Ocado was also Kantar's big winner, with sales up 9.6%.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Sainsbury Market Data

Currency UK Pounds
Share Price 263.60p
Change Today 6.40p
% Change 2.49 %
52 Week High 299.80p
52 Week Low 239.60p
Volume 7,022,000
Shares Issued 2,339.15m
Market Cap £6,166m
Beta 0.01
RiskGrade 132

Sainsbury Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
79.89% above the market average79.89% above the market average79.89% above the market average79.89% above the market average79.89% above the market average
66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average
Price Trend
14.29% below the market average14.29% below the market average14.29% below the market average14.29% below the market average14.29% below the market average
23.08% below the sector average23.08% below the sector average23.08% below the sector average23.08% below the sector average23.08% below the sector average
Income
51.85% above the market average51.85% above the market average51.85% above the market average51.85% above the market average51.85% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
74.87% below the market average74.87% below the market average74.87% below the market average74.87% below the market average74.87% below the market average
84.62% below the sector average84.62% below the sector average84.62% below the sector average84.62% below the sector average84.62% below the sector average

What The Brokers Say

Strong Buy 3
Buy 5
Neutral 3
Sell 1
Strong Sell 0
Total 12
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Sainsbury Dividends

  Latest Previous
  Interim Final
Ex-Div 14-Nov-24 06-Jun-24
Paid 20-Dec-24 12-Jul-24
Amount 3.90p 9.20p

Trades for 05-Feb-2025

Time Volume / Share Price
15:03 1 @ 262.00p
15:03 1 @ 262.00p
16:35 24,194 @ 263.60p
16:35 229,317 @ 263.60p
16:35 229,317 @ 263.60p

Sainsbury Key Personnel

Chair Martin Scicluna
CEO Simon Roberts
CFO Bl á thnaid Bergin

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