Sainsbury (j) Share Discussion Threads

[loganair] 28/4/2022 09:47

As inflation is running at a much higher level then the increase in sales revenue, means Sainsbury's are selling less groceries and products in general.

[unastubbs] 28/4/2022 09:30

investor/analyst webcast 9.30 today

[philanderer] 28/4/2022 09:30

Yes, it's in my income portfolio so happy to hold.

[unastubbs] 28/4/2022 09:27

disappointing to say the least - how can any of this be a surprise to the market given the mood music of the last month or so?? and then the dividend is increased above consensus (fy of 12.2 had been anticipated). the PBT range for 22-23 is still decent especially when one remembers that 21-22 had a big covid boost on the delivery side... however it is what it is and I am content with what management are doing and as an income investor will stick with it. GLA

[dipa11] 28/4/2022 08:17

Shorting will be closing soon 3% down Good luck

[philanderer] 28/4/2022 08:05

In for a good old kicking.

[dipa11] 28/4/2022 07:54

No wonder as Ukraine war created price hike and that will affect the profits margin but still guide line give clear picture and don't forget the dividend payment Good luck

[unastubbs] 28/4/2022 07:32

final div raised to 9.9p (13.1p fy = 5.4% yield on yday's close) payout ratio increased from 53% to 60%.

outlook: "we expect underlying profit before tax will be between £630 million and £690 million in FY 2022/23. This is below the £730 million reported in FY 2021/22"

given what happened with the tesco results this must have been widely expected and sainsburys shares have fallen since those results, while the tsco share price has recovered. i'm hopeful that the increased dividend will win out over the 'profit warning' - but the market likes to focus on the negative with these so let's wait and see. the dividend yield is very high and i am very happy to hold here. would consider buying more if it fell say 10% from here.

[unastubbs] 28/4/2022 06:36

buckle up!

[loganair] 27/4/2022 20:55

Analysts at broker Jefferies recently upgraded their rating on the shares from hold to buy, setting a 300p price target. At 236.7p, the shares are currently trading near their year lows. As such, they are a long-term buy on strong trading and bid hopes.

[loganair] 27/4/2022 20:54

Sainsbury's shares: results look ahead:


Sainsbury (J) PLC unveils full-year results on Thursday this week. The bullish supermarket operator upped its full-year earnings guidance at its third-quarter trading update in January and announced upbeat Christmas trading.

But in the light of the cost of living crisis and pressure from higher input costs, investors will want to know if the supermarket chain is still just as optimistic about the future.

While rival Tesco recently posted its biggest profits for years, it also warned that inflationary costs would hit earnings, with profits expected to be lower this year.

Analysts forecast that Sainsbury’s will return to profit in 2022, with the supermarket chain hiking its earnings guidance to underlying pre-tax profits of “at least £720m” in the year to March.

Last year Sainsbury’s made a pre-tax loss of £261m after the chain was impacted by £485m of pandemic-related costs, which wiped out 39% of underlying profits. These charges related mainly to the cost of making its stores and operations Covid-19 safe.

However, it is likely to include a similar warning about rising costs and pressure on margins as Tesco.

Another issue for the supermarket chains is that they are struggling with a lack of staff, partly driven by Covid-19, and rising wage costs. More staff are needed for packing because of the increase in online sales. Both Sainsbury’s and Tesco’s recently increased rates to £10 an hour.

In Tesco’s case, this has added another £200m to wage costs. Sainsbury’s says it has invested another £100m in its staff rewards.

[loganair] 27/4/2022 20:46

The latest figures suggest that online grocery sales fell by 15% in the opening months of the year, compared to the same time last year. Kantar data suggests that half a million households that ordered online during the third UK lockdown are no longer doing so.

[unastubbs] 26/4/2022 09:14

anyone think a dividend raise is on the cards?

[loganair] 21/4/2022 11:39

Analysts say “Asda’s performance has been really weak in the market according to [research firm] Kantar. It has structural issues with its less customers more squeezed by the rising cost of living. The question is could they sell it at this price? I think they would struggle to sell it for ages,” an industry insider was quoted as saying.

Morrisons has already revealed that its profits will be hit significantly this year due to cost of living crisis and disruption because of the war in Ukraine.

[debsdowner] 19/4/2022 20:24

The owners of ASDA the Issa brothers are still considering a buyout of BOOTS



But Wallgreens may be wanting too much money for Boots which only made small contribution in WBA profits in 2019

[spob] 19/4/2022 20:18

You wouldn't want to use the toilets in Sainsbury's to be honest.

They are only cleaned once per day.

By evening they smell like a sewer. Disgusting.

They have those urinals that don't flush. Saves water but doesn't work. The victorians invented flushable toilets for a very good reason.


Mcdonald's seem to have the best loos. Cleaned regularly and they have taps which enable you to actually wash your hands properly. How novel.

[plat hunter] 19/4/2022 19:36

Too posh to pee

[loganair] 19/4/2022 17:15

None in my local Waitrose either, as many customers pop to Costa's next door for a coffee and a defuel if necessary.

[albert3591] 19/4/2022 17:12

No toilets in Farnham Waitrose either.

[debsdowner] 19/4/2022 16:58

Most Waitrose shoppers well to do and a few pence more makes no difference to them they want quality.

In the meantime the IMF havde cut world growth forecssts and the UK going to be the worst growth next year in G7



Cost of white goods going through the roof as well

Fridges up 30% says one large retail boss

[loganair] 19/4/2022 16:41

r7 - Disagree as Waitrose is a pleasant comfortable shopping experience where in my local Waitrose one can have a decent chat to the staff about cricket.

The customers I see in Waitrose do not really care if their shopping costs a few pounds more as to them its the pleasantness of experience that counts.

[rolo7] 19/4/2022 16:26

Sainsbury's have gone from number 1 retailer in UK to 3rd behind Amazon and tesco today?

[rolo7] 19/4/2022 16:25

Yep can't see Waitrose being around in years to come.

[plat hunter] 19/4/2022 13:37

big divergence occuring here on the daily ahead of the earnings...

[albert3591] 19/4/2022 12:34

I was in Waitrose farnham yesterday,I noticed while looking at soft drinks that whites 2ltr lemonade was £1.35p,in my local sainsbury it’s 90p.That is a disgusting 50% higher they should be ashamed of themselves,though if the toffs wish to get ripped off let em.