Sainsbury’s warns on war impact after strong FY2025/26
Sainsbury’s FY2025/26 sales ex. fuel of GBP25.9 billion were up 4.9%, with grocery rising 5.2% and Argos up 0.7% to GBP4.1 billion. Operating profit fell 1.1% to GBP1.02 billion as the grocer absorbed cost inflation and invested in value, stores, digital and pay. Profit rose 55.3% to GBP393 million, while free cash flow rose 8.1% to GBP574 million. CEO Simon Roberts said impacts from the Iran conflict would impact both its customers and the business going forward. (Sainsbury’s)
