Sainsbury’s posts increase in profits as market share rises

Sainsburys Nine Elms outdoor shot

Sainsbury’s has reported an increase in profits in its half-year results as improved grocery sales drove growth in market share.

The supermarket giant said underlying profit before tax jumped 23% to £371m in the 28 weeks to September 18.

Compared with pre-pandemic levels, underlying profit surged 56%, which Sainsbury’s attributed to growth in grocery sales and cost reduction programmes.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

During December, registered users can access 24 free articles in our advent calendar - find it here or on the homepage.

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.