Despite a weak start to the year, management is trying to revive consumer demand. This includes steps like investing in essential goods and groceries. While it is a positive step, much more needs to be done. Confirmation of FY19 PBT consensus is a comforting factor. No change in stock recommendation.
18 Jul 2019
Weak top line still an issue
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Weak top line still an issue
J Sainsbury plc (SBRY:LON) | 271 -4.1 (-0.6%) | Mkt Cap: 6,422m
- Published:
18 Jul 2019 -
Author:
Nishant Choudhary -
Pages:
3
Despite a weak start to the year, management is trying to revive consumer demand. This includes steps like investing in essential goods and groceries. While it is a positive step, much more needs to be done. Confirmation of FY19 PBT consensus is a comforting factor. No change in stock recommendation.