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J Sainsbury plc (GB:SBRY)
LSE:SBRY
Earnings Data
Report Date
Apr 17, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
11.9Last Year’s EPS
11.3Same Quarter Last Year
Moderate Buy
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2024
|% Change Since: -5.65%
|Next Earnings Date:Apr 17, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a strong performance in the grocery segment with significant market share gains and strategic expansion plans, although challenges in Argos and rising operational costs temper the outlook. The sentiment is balanced by a strong grocery performance and strategic investments but countered by operational challenges in other segments.Company Guidance
In the recent call, Sainsbury's provided detailed guidance for its fiscal year, highlighting several key metrics and strategic initiatives. The company projects a Retail underlying operating profit between £1,010 million and £1,060 million, expecting a growth rate of 5% to 10% year-on-year. Sainsbury's reported a 4.6% sales growth in the first half, with Grocery sales growing by 5%. The company achieved an 8.7% increase in Sainsbury's profit contribution, attributed to strong grocery volume growth and operating leverage, with Sainsbury's margin up 20 basis points. Despite a decline in Argos sales by 5% due to challenging conditions, Sainsbury's anticipates a stronger Argos performance in the second half, traditionally its more profitable period. The company remains focused on increasing its market share in the grocery sector, with the biggest improvement in customer value perception up by 8.5 percentage points year-on-year. Additionally, Sainsbury's plans to save £1 billion in structural costs over three years, aiming for £500 million in retail free cash flow for the year. The expansion strategy includes the acquisition of 13 new stores, adding significant value to its key strategic locations.Record-Breaking Grocery Volume Growth
Sainsbury's achieved the biggest market share gains in the industry for big basket main weekly shop customers, with a grocery growth of 5% despite inflation. This is attributed to quality, service, and value improvements, with customer perception of value up 8.5 percentage points year-on-year.
Strong Financial Performance and Profit Leverage
Sainsbury's reported a retail underlying operating profit growth of 3.7% year-on-year to £503 million, driven by a strong increase in grocery volumes and an 8.7% growth in Sainsbury's profit contribution, well ahead of sales growth of 4.6%.
Expansion Plans and Strategic Investments
Sainsbury's is expanding its supermarket coverage with the acquisition of 11 Homebase stores and two Co-op stores, aiming to open 20 new supermarkets by March 2026. These investments are expected to deliver a return on capital employed in the low teens.
Financial Services Division Success
The underlying operating profit for Financial Services grew by 38% to £18 million. The company expects to deliver total annual income from Financial Services of at least £40 million by the financial year ending March 2028.
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GB:SBRY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GB:SBRY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | 263.50p | 252.68p | -4.11% |
| Apr 25, 2024 | 254.85p | 244.01p | -4.25% |
| Nov 02, 2023 | 245.32p | 254.70p | +3.82% |
| Jul 04, 2023 | 257.32p | 252.63p | -1.82% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does J Sainsbury plc (GB:SBRY) report earnings?
J Sainsbury plc (GB:SBRY) is schdueled to report earning on Apr 17, 2025, TBA Not Confirmed.
What is J Sainsbury plc (GB:SBRY) earnings time?
J Sainsbury plc (GB:SBRY) earnings time is at Apr 17, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of J Sainsbury plc stock?
The P/E ratio of J Sainsbury plc is N/A.
What is GB:SBRY EPS forecast?
GB:SBRY EPS forecast for the fiscal quarter 2025 (Q4) is 11.9.
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