News Business & economy United Kingdom England

Sainsbury’s reports higher half-year revenue as grocery sales grow

The retailer recorded £16.2bn in revenue for the 28 weeks to 12 September, while quarterly like-for-like growth slowed.

J Sainsbury plc reported higher revenue and underlying operating profit for the first half of its financial year. Grocery sales rose, although quarterly like-for-like growth slowed, and its shares fell in early trading.

Revenue and profit rose in the first half

J Sainsbury plc reported that total revenue rose 4.1% to £16.2bn for the 28 weeks to 12 September, compared with the same period a year earlier.

Sales from continuing operations, excluding fuel, increased 2.6%. Grocery sales rose 2.9% to £13.2bn, while general merchandise sales fell 3.4%. The company reported underlying operating profit of £525m, up 3.6%.

Quarterly sales growth slowed

City A.M. reported that Sainsbury’s like-for-like sales growth slowed to 1.2% in the three months to September, from 2.3% in the previous quarter. Grocery sales growth eased to 2.2% from 3.5%, while general merchandise and clothing sales declined by 2.9%, compared with a 3.7% fall in the preceding quarter.

The company’s annual results announcement separately said its full-year grocery sales had increased by 5.2%, with volume growth and market-share gains through the year. That full-year figure covers a different reporting period from the half-year trading update.

Shares fell in early trading

City A.M. reported that Sainsbury’s shares fell by nearly 4% to 346p in early trading after the trading update. The article also reported that the chief executive, Simon Roberts, described volume growth during the period as “a bit subdued”.

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Further reading

Selected background resources to explain the context and concepts behind this story.

Understand the corporate structure and regulatory standing of Argos Limited within the UK market.

ARGOS LIMITED filing history - Companies House - GOV.UK

This Companies House record provides the official legal profile and filing history for Argos, a key subsidiary mentioned in the article, allowing readers to verify its status and governance as a distinct entity.

find-and-update.company-information.service.gov.uk

Learn how grocery sales data is defined and measured in UK retail market analyses.

Anticipated merger between J Sainsbury PLC and Asda ...

This official CMA document includes a glossary and methodological notes on grocery sales data, helping readers understand the specific metrics and definitions used when evaluating supermarket performance.

assets.publishing.service.gov.uk

Gain context on the competitive landscape of grocery retailing in the United Kingdom.

Working Paper C Grocery Retailing - Greater London Authority

This working paper from the Greater London Authority offers a structured analysis of grocery retailing, including market shares of major supermarkets, which provides essential background for understanding Sainsbury's position in the sector.

london.gov.uk

External links selected for their educational value. They are separate from the sources used to report this story.

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