Sainsbury's profits fall following price investment and post-Covid shift in shopping habits

Simon Roberts, Sainsburys

Sainsbury’s has reported a decline in first-half profits but said current trading is strong and it is making volume market share gains.

Sainsbury’s posted a statutory profit before tax down 29% to £376m, on revenues up 4.4% to £16.41bn. 

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

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.