Sainsbury's has reported a 3.4% increase in
first-quarter like-for-like sales, excluding fuel.
The growth was lower than the 4.1% recorded by the
supermarket chain in the previous quarter, and lower
than Tesco which last week posted a 3.5% increase in
like-for-like sales, excluding fuel, for the 13 weeks to
Sainsbury's said total sales rose 8.1% in the 12 weeks
to 4 June, or by 4.5% excluding fuel.
It had enhanced its promotional offer during the quarter
with clear and simple deals, and expanded its value
range 'Basics', which had shown strong sales growth.
The economic environment had continued to be challenging
during the period, said CEO Justin King, who added:
?While we anticipate that the environment will remain
challenging, we operate from a strong financial position
and our expectations for the full year remain
Non-food continued to grow strongly, King added, and the
retailer had expanded its ranges and introduced them
into new and extended stores.