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Sainsbury’s first-quarter sales climb as digital revenue more than doubles
Sainsbury’s has posted a rise in its first-quarter sales spurred by strong online growth as new boss Simon Roberts says the grocery business has “changed fundamentally”.
The supermarket chain posted an 8.5% uplift in overall sales excluding fuel in the 16 weeks to June 27, with like-for-like sales up 8.2%.
Sainsbury’s grocery sales rose 10.5% during the period while general merchandise sales increased 7.2%, bolstered by a 10.7% uplift in Argos sales.
By contrast, the grocer’s clothing sale slumped 26.7% during the period.
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