Industry data released by Kantar Worldpanel yesterday showed the chain was continuing to struggle up against its revived main rivals and the discounters. Sainsbury’s sales fell by 1% year-on-year over the 12-week period to 24 February with its market share slipping 0.5 percentage points to 15.7%. This marks an acceleration from the 0.3% fall in sales that the chain suffered in the previous period. [more details for NamNews subscribers]
- Time for Sainsbury’s (and their NAMs) to forget the CMA, and get back to the day-job…
- …in readiness for the inevitable takeover bid, given the falls in share price.
- As you know, share price recovery is driven by improved ROCE, in turn driven by margin and capital rotation…
- …Simples!
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