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Stock impact report

Sainsbury's clothing sales sparkle in H1 [Yahoo! Finance]

J SAINSBURY PLC S/ADR (JSAIY) 
NASDAQ:AMEX Investor Relations: about.sainsburys.co.uk/investors
Company Research Source: Yahoo! Finance
Statutory profit after tax came in at £165m (HY 2024/25: £76m). Tu Clothing alone saw sales grow 7.8% in H1, outperforming the market for the fifth consecutive quarter, driven by range and availability improvements, strong online growth and its “best ever” back-to-school performance. Sainsbury's said its customer offer now combines “great value with quality design and on-trend desirability, driving improved customer perception metrics”, which has helped deliver an improvement in full price sales. Eleanor Simpson- Gould, senior retail analyst at GlobalData believes Tu clothing excelled "thanks to improved product ranges, better availability, and strong online performance – a clear sign that the grocer's range is resonating among consumers and improving full-price sell-through." Going forward, Sainsbury's expects retail underlying operating profit of more than £1bn and retail free cash flow of more than £500m over the 25/26 period. Simon Roberts, chief executive of J Sainsbur Show less Read more
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