Sainsbury’s increased the lower end of its full-year profit guidance following a 4% rise in first-half operating profit to £525 million. This growth was driven by increased grocery sales, cost savings, and investments in pricing and service, despite a 3% drop in general merchandise and clothing sales. The company also boosted free cash flow and completed most of its planned share buyback, while maintaining its interim dividend. The sale of Argos is expected to complete by February 2027, allowing Sainsbury’s to focus more on its core food business.
Sainsbury’s profit outlook rose after a 4% increase in first-half operating profit. For readers following Consumer Staples, here is Pluang's market snapshot as of Oct 22, 2026 14:11 WIB: of 63 priced US stocks, 33 rose and 29 fell. Notable movers include OTLY at USD 12.21 with a 4.46% drop and 63% sell order activity, COCO at USD 63.98 up 3.58% with 75% sell orders, and DNUT at USD 2.88 down 3.03% with 100% buy orders and a typical hold time of 46 days.
Fortuna Mining Corp. will announce its financial results for the third quarter of 2026 on November 4, after market close. A conference call to discuss the results will be held on November 5 at 12 p.m. Eastern time, featuring the CEO and key executive...
Gogoro Inc., a leader in battery swapping technology for electric mobility, will announce its financial results for the third quarter ending September 30, 2026, on November 11 before the market opens. The company will hold a webcast at 7 a.m. Eastern...
Regula Forensics contributed expertise to a Forrester Research report on key requirements for Know-Your-Business (KYB) solutions, emphasizing the importance of ongoing verification beyond initial onboarding. The report highlights how Regula's technol...
The LEPAS L6 EV completed its inaugural LEPAS Global Elegance Drive, a 700 km journey from Shanghai to Wuhu, testing its driving dynamics, comfort, smart parking, range, and charging performance. The event involved 34 drivers from 15 countries and in...
The LEPAS L6 EV electric vehicle successfully completed its inaugural 'Global Elegance Drive,' covering approximately 700km across diverse road conditions in China. Participants from 15 countries tested the car's driving performance, intelligent park...
