Sainsbury’s is continuing its fight back against declining market share with another rise in sales for the first half of the year.
In financial figures for the six months to 8 October, the retailer said pre-tax profit hit £87m, up on a loss of £292m for the same period last year.
But underlying pre-tax earnings were broadly level, even though like-for-like sales (excluding petrol) rose by more than 2% to £8.82bn.
The retailer said it was still on track to meet its three-year plan of boosting sales by £2.5bn.
“Customer satisfaction has improved and we now have 15 million customers
a week. Customers are now able to complete more of their weekly shop and are shopping more frequently with us again,” said chief executive Justin King.