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SBRY Sainsbury (j) Plc

260.40
0.00 (0.00%)
16 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sainsbury (j) Plc LSE:SBRY London Ordinary Share GB00B019KW72 ORD 28 4/7P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 260.40 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
259.80 260.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Grocery Stores 31.49B 207M 0.0878 29.59 6.12B
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 260.40 GBX

Sainsbury (j) (SBRY) Latest News

Sainsbury (j) (SBRY) Discussions and Chat

Sainsbury (j) (SBRY) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-04-15 16:25:05260.3616,67443,412.59O
2024-04-15 16:20:39260.4019,03149,556.34O
2024-04-15 16:19:04260.4012.60O
2024-04-15 16:14:15260.921,7274,506.16O
2024-04-15 16:12:29260.405,40414,072.02O

Sainsbury (j) (SBRY) Top Chat Posts

Top Posts
Posted at 15/4/2024 09:20 by Sainsbury (j) Daily Update
Sainsbury (j) Plc is listed in the Grocery Stores sector of the London Stock Exchange with ticker SBRY. The last closing price for Sainsbury (j) was 260.40p.
Sainsbury (j) currently has 2,356,866,697 shares in issue. The market capitalisation of Sainsbury (j) is £6,123,139,679.
Sainsbury (j) has a price to earnings ratio (PE ratio) of 29.59.
This morning SBRY shares opened at -
Posted at 08/4/2024 16:14 by loganair
Aldi overtakes Asda to become Britain's third biggest supermarket, analysis shows
By PATRICK TOOHER:


Aldi has overtaken Asda to become Britain's third biggest supermarket, analysis shows.

It is the latest blow for the grocer, which has been losing market share to Aldi and fellow discounter Lidl since a £6.8billion takeover led by the Issa brothers saddled it with huge debts.

Co-owner Mohsin Issa has vowed to restore Asda as the UK's second biggest food retailer ahead of Sainsbury's.

A closer look at the figures reveals that its market share now lags Aldi's. Asda accounted for 11.7 per cent of the grocery market compared with Aldi's 12.2 per cent in the 12 weeks to March 23.

The news comes as Asda delays publication of its annual results. They were due last month but are not expected for another few weeks, sources say. No reason has been given.

In two decades, the German-owned discounters have come from nowhere and now take £1 of every £4.50 spent at British grocery store checkouts.

Former Lidl UK boss Ronny Gottschlich has said he expects the discounters' combined share will surpass that of market leader Tesco 'by 2027 at the latest'. But Tesco has proved resilient – and increased its grocery market share to 26 per cent, according to the NIQ figures.

It is expected to post strong results this week, with analysts pencilling in group profits – which include its international business and cash-and-carry operator Booker – of £2.9billion, up from £2.6billion the previous year.

Sales are expected to have jumped to around £69billion, against £57.7billion last time.

Aldi, which has more than 1,000 stores in the UK, is set to open another 35 this year but its pace of expansion has slowed recently.

Clive Black, of Shore Capital, said Aldi's growth was 'unsustainable', while Asda's trading momentum was 'worrying'.

Asda said other industry data, such as from Kantar, show it is still ahead of Aldi. And a source close to the company said: 'Market share data ebbs and flows, with gains and declines for grocery retailers each year.'

An Asda spokesman said: 'Asda's grocery market share was 13.8 per cent – a clear 4 per cent ahead of the current fourth biggest player – for the 12 weeks to 17 March 2024, according to the widely-followed Kantar data.
Posted at 05/4/2024 23:16 by havinthelasttoast
The time is now for Sainsbury’s as UK grocery giant eyes huge potential for growth and market share gains

Sainsbury’s has more potential for growth and market share gains than any other grocer in the UK.

At present, however, there is too much focus on reducing costs and not enough focus on innovation.

That’s the view of Brittain Ladd, a supply chain consultant and former Amazon executive.

In a LinkedIn post, he said: “Although the size of the United States grocery market is around $850 billion annually, I believe the most fiercely competitive grocery market is that of Great Britain, with a market size of $295 billion.”

The market is dominated by four British retailers with a long history of operating in the country: Tesco, Sainsbury’s, Morrisons, and Asda.

“Two German owned discounters, Aldi and Lidl, have forced all the other players to rip out costs and improve prices to avoid losing customers. It’s fair to state that Aldi and Lidl have severely disrupted Great Britain’s grocery industry,” Ladd noted.

He added that Amazon has a presence in the UK, but its grocery strategy is “severely lacking in my opinion. Note to Amazon: Close all Whole Foods stores.”

Ocado Group, meanwhile, is a player in groceries but, like Amazon, it has yet to come close to achieving its potential.

Ladd commented: “I’m often asked which of the grocery retailers in the UK do I admire the most and who do I believe has the most potential.”

“In my opinion, Sainsbury’s has more potential for growth and market share gains than any other grocer in the UK. I’ve also stated several times that if Amazon wants to acquire a grocery retailer in the UK, they should acquire Sainsbury’s.”

“SainsburyR17;s has reached an inflection point within the company. CEO Simon Roberts, someone I consider to be one of the best CEOs globally in the grocery industry, has outlined a transformation strategy that will increase market share and revenue, and also remove costs.”

“I’ve read the plan and I’ve spoken with current and former Sainsbury’s executives in off the record discussions. I believe the plan is sound. However, I do have several concerns.”

Roberts should, according to Ladd, leverage the leading thought leaders to gain a competitive advantage.

“Example: 345 Global has the most advanced integrated store planning, merchandising, sales and marketing, 3D, and digital twin software on the market.”

“Founder and CEO Mark Edwards would be an excellent advisor to the CEO and also to Graham Biggest (Chief Transformation & General Merchandise Commercial Officer at Sainsbury’s), Rhian Bartlett (CCO: Food), Mark Given (Chief Marketing Officer), and Clodagh Moriarty (Retail & Digital Director).”

The retailer should also design and implement a supply chain strategy and logistics network that enables growth vs. reducing costs, and introduce automated store fulfilment centres (which would be a first in the UK).

Ultimately, it needs to lead with innovation.

“I’m concerned that there is too much focus on reducing costs and not enough focus on innovation. For example, the science of auctions offers incredible opportunities for Sainsbury’s to beat everyone on price including Aldi and Lidl.”

“The time is now for Sainsbury’s. I wish them success,” Ladd concluded.

Sainsbury’s did not respond to our request for comment.
Posted at 04/4/2024 09:02 by loganair
If management were doing such a great job the Sainsbury's share price would be 400p and making a profit of over £1 billion.
Posted at 02/4/2024 21:01 by loganair
jag - "My understandinfg is loganair is a longtime Sainsbury’s shareholder but does not rate the management or the company’s strategy. Not a Tesco shareholder." - 100% correct.

When it comes to Sainsbury's management they seem to be following what the other supermarkets are doing rather then trying to come up with an idea of their own. All they seems to be worried about is how cheaply can they sell their products for and being as green as possible when as a share holder I'm concerned about as much profit as possible in turn leading to the highest possible dividend which has not really been the case over the past 10 years.

When ever possible I also post Nielsen market share which is completely different to Kantar as they also include M&S food who have circa 3.8% market share and is likely to continue to rise to 4.0% by the end of this year. Also Nielsen show Aldi and Lidl at a far higher market share then Kantar do?
Posted at 26/1/2024 12:11 by loganair
I also noticed for the first time, Tesco is charging 15p more for half a dozen brown eggs then for white.


I think the share price is likely to fall towards the 200p level, then they would be a good buy, not at the current level.
Posted at 21/1/2024 13:55 by loganair
bounty - I understand what you are saying if a share price falls by say 90% over a 10 year period then doubles over the next year, so it has only fallen by 80% then the companies share price is doing pretty well.
Posted at 06/12/2023 17:17 by loganair
I wasn't too far off as the share price in October 2022 dropped to 170p when 6 months plus earlier many posters were pooh-poohing me as ridiculous when I posted the share price may drop as low as 150p.
Posted at 06/11/2023 09:15 by loganair
Good question?

I thought as everybody needs to eat Supermarkets were supposed to be a sure thing, especially years ago after the QIA took a 25% stake in the company - at the current share price at least I'm not underwater when it comes to the price I paid for my Sainsbury's shares.

When the share price reached circa 340p during the ASDA take over saga, yes, it would have been for the best to have sold my shares then.

Sadly most retailers including Sainsbury's and M&S have gone backwards at a rate of knots over the past 20 to 30 years.
Posted at 04/11/2023 11:03 by noobiedoobie
I am aggressively buying SBRY next 6 months, target 500p+

I am one of those shoppers who has switched to SBRY permanently from Lidl Tesco. Since joining nectar program I do indeed make great savings on personalized nectar offers and since the company rolled out smartshop scanners in-store I have been taking full advantage of the 25-30% multi use discounts I get on selected items that change each week.

I also don't live near a Aldi so SBRY price matching to Aldi means I get best of both worlds without traipsing about looking for a Aldi when I have no car

I certainly spend more there now

There is no reason SBRY shouldn't be at prices that OCDO have been at given that OCDO hasn't even been profitable
Posted at 12/8/2023 09:47 by bountyhunter
Yes that was my understanding prior to the recent run up in the share price, however their prospects must have improved to account for the doubling in the share price in the last 3 months. I haven't been following closely and admittedly their share price has been all over the place longer term!
Sainsbury (j) share price data is direct from the London Stock Exchange

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