J Sainsbury plc (LSE:SBRY) is currently trading at a trailing P/E of 13.5x, which is lower than the industry average of 24.1x. While this makes SBRY appear like a great stock to buy, you might change your mind after I explain the …
Both Sainsbury's (SBRY) and Tesco (TSCO) are favoured here ... showed lower revenues than the prior year in July and all sectors were down. Since then, the stock's seemingly meteoric rise has stalled and it's down 13%, and 28% since its …
The company, which span out of Royal Bank of Scotland in 2010 and spent five years in private equity ownership before floating on the stock market in 2015 ... nearly eight points at 5,581. J Sainsbury (SBRY) stood out among blue chip …
Shares in supermarket Sainsbury's (SBRY) were down 0.6% to 305.55p on news the Competition and Markets Authority plans to seek views from interested parties on its £15bn merger with Asda. In the US the S&P 500 started modestly …
Analysts at Morgan Stanley, who have an "underweight" rating on the stock, said that the strong first quarter sales number "is likely to be taken as evidence that Next has managed to negotiate some pretty challenging market conditions very …
LONDON, Oct 30 (Reuters) - Asda, the British supermarket arm of U.S. retailer Walmart, said on Monday Sean Clarke would step down as president and chief executive on Jan. 1 next year and be succeeded by his lieutenant Roger …
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To-come dividend cuts will drive the stock lower. Management shake-up will not affect strategy. Balance sheet protection WM Morrison's (OTCPK:MRWSY) leverage at 3.4x Net Debt adjusted for pensions and leases / EBITDA is lower than …
Back in the UK, the FTSE 100 closed 1% higher at 7,859, supported by a rally in big names such as Sainsburys (SBRY), Marks and Spencer (MKS) and Next (NXT). Brent crude oil advanced 0.5% to $78.90 per barrel. Copper climbed 0.9% …
now expects savings of c£225 mln by end of this financial yr ** Stock +20% since issuing encouraging guidance end-September ** SBRY has shown greater resilience to the rise of German discounters than its big four rivals, helped by …