Sainsbury’s said its results showed the firm was continuing to perform well Sainsbury’s has reported an increase in half-year sales, saying it is continuing to perform strongly despite “challenging” trading conditions.
For the six months to 2 October, its like-for-like sales excluding fuel – which strips out the impact of new store openings – increased by 2%.
For the most recent three months, its sales under the same measure rose 2.9%.
The trading update comes a day after Tesco said its half-year, like-for-like non-petrol UK sales rose by 1.2%.
Sainsbury’s said its smaller convenience stores had continued to perform well, and were now achieving annual sales of £1bn.
It added that its online sales were also still rising strongly.
The supermarket group is also continuing to add new stores, while extending a number of its existing outlets.
Chief executive Justin King said Sainsbury’s had delivered “another strong performance”.
Sainsbury’s total sales were up 7% for the half-year, and by 6.6% for the second quarter.
Tesco’s total sales for its half-year added 8.3%.
Tesco also reported a 12.5% increase in six-month pre-tax profits. Sainsbury’s has not released any profit figures in its latest trading update.
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