Sainsbury (j) Share Discussion Threads

[pirates4] 14/2/2024 08:54

Shortage of teabags soon tetlys. Due to the crisis in the red sea.

[blackhorse23] 13/2/2024 10:58

GNC looks good value who is the food manufacturer & supplier for Sainsbury

[loganair] 08/2/2024 17:00

Nielsen 12 weeks to 27th January 2024.

Tesco.......26.7%
Sainsbury...14.3%
Asda........12.2%
Aldi........11.2%
Lidl.........9.4%
Morrison.....8.0%
Waitrose.....3.8%
M&S..........3.8%
Coop.........3.7%
Iceland......2.3%
Ocado........1.5%

Important to remember Nielsen includes M&S while Kantar does not.

[loganair] 08/2/2024 16:51

Marks & Spencer is poised to overtake Waitrose as it wins over growing numbers of middle class shoppers according to Nielsen as both are now neck and neck market share.

Industry experts said M&S was likely to stretch ahead of its rival for the first time this year as it opens more food stores and continues to attract customers.

This would be another setback for the John Lewis Partnership, which owns Waitrose and the department store, and its outgoing chairman Sharon White.

Susannah Streeter, head of money and markets, at Hargreaves Lansdown, said: ‘M&S food halls in high footfall areas, offering click and collect services for clothing and homewares, offer highly valued convenience for its growing number of customers.

‘If it can hang onto these new customers, it has a greater chance of overtaking its rival in the months to come.’

Dan Coatsworth, investment analyst at broker AJ Bell, said John Lewis ‘seems to have lost its swagger with the nation’.

[loganair] 08/2/2024 16:42

Supermarket shoppers are flocking to Lidl and M&S like never before this year, with both retailers named the UK’s fastest growing supermarkets.

For Lidl, a brand known for affordable deals and low prices, sales jumped 13.2% in the last 12 weeks while M&S grew 11.6%.

[loganair] 08/2/2024 13:58

Naturally inflation has come down, look at the price of petrol and such like really brings the inflation rate down, however in reality grocery inflation is still running at closer to 10%.

[bountyhunter] 08/2/2024 12:55

Many things seem to have gone up by at least 50% since the start of the pandemic (ok I know that's 4 years now). Rishi may be bragging about inflation being down to 4% now but that's on top of the horrendous price rises we have already seen!

[dondee] 08/2/2024 12:44

1 Feb '24 - 10:24 - 630 of 660

They charge the same price for 10 medium eggs, which used to be 15 eggs. A cut in eggs for the same price as 15.
loganair2 Feb '24 - 14:56 - 631 of 660

My local egg seller near a garden centre a year ago charged £2.50. Now it is £3.50, for 12 so they have gone up everywhere.

[loganair] 08/2/2024 08:08

Sainsbury's CEO imaginative thinking....


1. Lets do the same with Nectar as Tesco does with their Clubcard.

2. More automation and AI, less staff.

3. Shut more Argos and bring them in store - the last 5 times I've been in my local Sainsbury's there hasn't been a single customer in the Argos area.

4. Share buy backs which tend mainly to be beneficial to the directors and the bankers who get massive fees for conducting the share buy backs.

[philanderer] 08/2/2024 00:40

William Woods, a retail analyst at AllianceBernstein

.....called some of its commitments on Wednesday “a bit fluffy”. 

.... did not break down details of the 10-15 per cent increase in capital expenditure.

....without further details . . . will weigh on the stock,”

[konradpuss] 07/2/2024 19:51

Well, I think Tesco have done worse in the past than the Argos purchase.

How could a Tesco shareholder forget the restaurant chain they purchased!

[loganair] 07/2/2024 18:56

And it seems the market agrees.

[philanderer] 07/2/2024 18:06

I've read this strategy update a few times and it all sounds like a load of b*ll*cks

[my retirement fund] 07/2/2024 18:02

Didn't these idiots once buy Argos for some mental sum of money ?

[spob] 07/2/2024 17:11

.
Webcast

[loganair] 07/2/2024 17:05

1. Is sales growth higher then inflation, if not then means actually selling less products.

2. Does gain in market share = higher profits......I doubt very much.

[loganair] 07/2/2024 17:04

What ‘Next Level’ Sainsbury’s means for your 2027 shopping trip:


With your shopping list on your phone, you jump into your fully electric car. You’ve been thinking about buying one for years but now, with more supermarkets offering hundreds of fast charging points in more locations, you’ve finally taken the plunge.

Sainsbury’s has invested £70m in its electric charging infrastructure and now offers superfast charging in nearly 100 locations and luckily, your local supermarket is one.

You forgot to charge the car overnight but the 30 minutes it’ll take to fill your battery should give you plenty of time to get everything you need for the rest of the weekend. If you finish your shopping early, you can always check the charger’s progress on your phone.



You’re still pushing a trolley in 2027 but, on the plus side, you can now get everything you need in one shop, rather than having to spend time doing multiple top-up shops.

Over the last few years, Sainsbury’s has been investing steadily in the layout of some of its supermarkets. While you haven’t particularly noticed one freezer moving here, or an aisle or two of Tu clothing disappearing there, you look around today and realise there’s a lot of food to choose from.

And it really is a lot. A further 180 supermarkets across the UK now offer Sainsbury’s full 30,000-plus food range. There also seems to be more own-brand and Taste the Difference ranges, too.

The same is true at the new Sainsbury’s Local that has opened near your office – one of 75 additional convenience stores that have opened over the last three years.

Sainsbury’s has been keeping abreast of the latest food trends. Korean superfoods still seem popular. To your relief, it seems that while the range of alternative meat-free proteins for your teenagers keeps growing, you’ve yet to resort to buying the BBQ flavour crickets.




A few years ago, it felt like you were leaving money on the table if you went to shop just about anywhere without a loyalty card. Your mobile phone wallet was full to bursting with them all and it was hard to keep track of which one was which.

While the economic picture isn’t quite as bleak as it was during the 2023/24 cost-of-living crisis, thousands of items across the food range are still available on Nectar Prices. You’ve been saving on average £12 a week on a full £80 shop in recent years using the loyalty scheme and the savings are still much better than if you weren’t a member.

Beyond the savings, the Nectar app is useful for tracking your purchases and presenting personalised offers on some of the products that you and the family can’t seem to live without.

It also takes away the monotony of coming up with new dinners each week by suggesting recipes using items you’ve not tried before.




You’ve got all the food and drink you need now, but your phone tells you you’ve still got 10 minutes of charging time on the EV.

That’s plenty of time for you to collect the new PlayStation 6 you’ve just bought for the kids. You do spoil them, but you justify it by thinking you might get a bit of use out of it yourself. The app tried to convince you to buy the latest Call of Duty and a new controller to go with it but you’re not made of money.

On the way, you spy the Tu aisles and decide to check them out first. You’re surprised that there are a couple of staff members on hand to ask if you need help with anything.

With more floor space given over to food and more availability, it seems they spend less of their time replenishing stock, so can help you pick out a new pair of trousers and sunglasses you hope you might get some use out of before the weekend is over.



You’ve got all the food and drink you need now, but your phone tells you you’ve still got 10 minutes of charging time on the EV.

That’s plenty of time for you to collect the new PlayStation 6 you’ve just bought for the kids. You do spoil them, but you justify it by thinking you might get a bit of use out of it yourself. The app tried to convince you to buy the latest Call of Duty and a new controller to go with it but you’re not made of money.

On the way, you spy the Tu aisles and decide to check them out first. You’re surprised that there are a couple of staff members on hand to ask if you need help with anything.

With more floor space given over to food and more availability, it seems they spend less of their time replenishing stock, so can help you pick out a new pair of trousers and sunglasses you hope you might get some use out of before the weekend is over.

[spob] 07/2/2024 17:00

.
Will the shares bought back be deleted ?

Or will they be held in treasury, to be used for future director share options ?


They never give any relevant details in these pointless statements.

[loganair] 07/2/2024 16:52

“It’s not hard to dream up such a wish list to improve the company’s fortunes,” said Russ Mould, investment director at AJ Bell.

“Achieving the goal is another matter and it will cost money – something the market typically hates.”

Mould added: “Offering cheaper prices to customers using the Nectar loyalty card is a carbon copy of what Tesco has been doing with its Clubcard, and Co-op is now also doing the same with its membership scheme.



What Morgan Stanley didn't like was how the share buy back only comes in at £200mln -However, analysts at Morgan Stanley were left underwhelmed after the figure came in lower than their £250 million forecast.

Questions were also raised about the group's "price investment plans", with Morgan Stanley pointing out how "headline figures don't immediately suggest an upgrade to our free cash flow/EBIT estimates."

[loganair] 07/2/2024 16:46

Naturally the bankers love the share buy back from Sainsbury's as all the huge fees they're going to make out of it.

[bountyhunter] 07/2/2024 15:18

"Specifically, we will now commit to a progressive dividend policy from the start of next financial year."

Sounds good on the face of it but I didn't like the fact that they didn't say what that will be. RPI? CPI? Less than inflation? Or are they hoping that inflation will be back to 2% by April so they only have to match that? The market doesn't like uncertainty.

[vaston] 07/2/2024 15:02

SYME IS NOW READY TO FLY