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Sainsbury's Swings to Fiscal H1 Attributable Loss; Revenue Grows

MT Newswires·10/22/2026 02:46:11
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02:46 AM EDT, 10/22/2026 (MT Newswires) -- J Sainsbury (SBRY.L), or Sainsbury's, logged 164 million pounds sterling in attributable loss after tax for the fiscal first half, compared with a profit of 155 million pounds a year ago. Loss per share moved to 0.074 pound from an EPS of 0.068 pound, a Thursday filing showed. For the 28 weeks ended Sept. 12, revenue was 16.24 billion pounds versus 15.60 billion pounds a year ago, the British retailer added. Meanwhile, the board intends to propose an unchanged dividend of 0.041 pound per share for the interim period, payable on Dec. 18 to shareholders on record Nov. 13. For fiscal 2027, Sainsbury's now forecasts a profit of between 965 million pounds and 1.07 billion pounds after classifying Argos as a discontinued operation. It previously estimated a profit of 975 million pounds to 1.08 billion pounds.