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June 11, 2014

Sainsbury’s Q1 results: What the analysts say

UK retailer Sainsbury's this morning (11 June) issued its first-quarter trading update, in which it revealed that its clothing business continued to grow strongly, delivering double-digit like-for-like sales growth. Overall, analysts have offered an upbeat view on the retail group's update and the potential of its clothing business.

UK retailer Sainsbury’s this morning (11 June) issued its first-quarter trading update, in which it revealed that its clothing business continued to grow strongly, delivering double-digit like-for-like sales growth. Overall, analysts have offered an upbeat view on the retail group’s update and the potential of its clothing business.

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