- Sainsbury’s full year revenue was GBP32.81 billion, which was below the estimate of GBP33.29 billion.
- The financial services underlying revenue was GBP512 million, missing the estimate of GBP550.2 million.
- Adjusted operating profit exceeded expectations at GBP1.07 billion, compared to the estimate of GBP1.06 billion.
- Sainsbury’s financial services underlying operating profit was GBP30 million, surpassing the estimate of GBP26.4 million.
- The adjusted pretax profit was GBP761 million, beating the estimate of GBP746.6 million.
- Dividend per share was reported at 13.6p, slightly above the estimate of 13.5p.
- The final dividend per share was 9.7p.
- Sainsbury’s noted significant market share gains, marking the highest in over a decade, due to more people choosing them for their main grocery shopping.
- The stock ratings show 10 buys, 3 holds, and 2 sells.
A look at J Sainsbury PLC Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 2 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, J Sainsbury PLC shows strengths in value and dividend aspects, with both scoring highly at 4. This suggests that the company offers good value for investors and has a solid track record of paying out dividends. However, the scores for growth and resilience are moderate, indicating room for improvement in these areas. Momentum, another key factor, is rated at 3, signifying some positive trends but not at the highest level.
J Sainsbury PLC is a food retail company operating supermarkets, convenience stores, an online delivery service, and a banking arm. With a focus on value and dividends, the company demonstrates stability and investor-friendly characteristics. While growth and resilience scores show some weaknesses, the overall outlook suggests a mix of positive and development opportunities for the company moving forward.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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