Food and Beverage Retail

J Sainsbury plc

Kepler Capital Analyst Maintains Hold Rating on J Sainsbury plc

Sainsbury Reports 2% Increase in FY22 Pre-tax Profit to 619 Million Pounds

Tesco and Sainsbury's Sales Growth Year Over Year

SBRY

J Sainsbury plc has repurchased 3.66 million shares under its buyback program from May 1 to 7, 2026, at prices between 320p and 329p. The company plans to cancel these shares, reducing share capital and potentially enhancing earnings per share. This move reflects Sainsbury's confidence in its financial position amid a challenging retail environment. The latest analyst rating for SBRY stock is a Hold with a £335.00 price target, while Spark's AI Analyst rates it as Neutral, citing steady sales and improving margins.

Tip Ranks

Sainsbury’s Cancels 3.66 Million Shares in Latest Buyback Round

TSCDY

TSCO

Supermarket inflation remains stable as falling cooking oil prices, particularly rapeseed oil, have contributed to keeping shop price inflation around zero. A survey of three major supermarkets revealed mixed price changes, with some items increasing, such as chopped tomatoes and tenderstem broccoli, while others, like sourdough bread and chocolate, saw price reductions. Overall, average prices at Tesco rose by 0.1%, while Sainsbury's and Waitrose experienced slight declines. This suggests a temporary stability in prices, although potential future increases in food inflation are anticipated.

- City AM conducted a price survey across three major supermarkets, finding that a 500ml bottle of rapeseed oil decreased by an average of 14% from April to May.  
- Despite some price increases for items like chopped tomatoes and broccoli, overall shop price inflation remained around zero, with minor fluctuations across the stores.  
- The data indicates a mixed response in pricing strategies among the supermarkets, suggesting that while some prices have increased, others have decreased, generating virtually neutral net changes in average prices.

cityam

Tesco

Tesco PLC

Supermarket inflation: Falling oil prices help keep costs down at the till

The UK government is reviewing a controversial £2bn sustainable packaging tax amid rising food inflation pressures from retailers. The Extended Producer Responsibility (EPR) tax, which requires businesses to cover packaging disposal costs, has faced criticism for potentially increasing household expenses. Retailers, including Tesco and Sainsbury's, are urging the government to reduce tax burdens to help keep food prices down. The Food and Drink Federation warns food inflation could reach 9-10% this year, exacerbated by rising energy and shipping costs due to geopolitical tensions. The government has ruled out scrapping the EPR tax entirely, citing its economic benefits.

Fevertree Drinks PLC

Controversial £2bn packaging tax could be scrapped as food inflation looms

A self-service kiosk at Sainsbury's displayed an "Activate Windows" watermark, indicating the operating system is unlicensed. This issue may arise from skipping the product key during installation or hardware changes. While the watermark is concerning, immediate consequences are minimal, as Windows 10 and 11 have lenient activation policies compared to earlier versions. The cause of the activation issue remains unclear, and Sainsbury's has not yet responded to inquiries.

The Register

Microsoft

Unexpected item in Windows' bagging area

J. Sainsbury PLC (OTCMKTS:JSAIY) experienced a 15.9% decline in short interest in April, with total short interest at 152,276 shares as of April 15th. The short-interest ratio is currently 2.0 days, with 0.0% of the stock sold short. The stock opened at $18.04, with a 52-week range of $14.04 to $19.90. Analysts have mixed ratings, with one Buy, three Hold, and two Sell ratings, leading to an average rating of "Reduce."

Market Beat

Citigroup

Deutsche Bank AG

Goldman Sachs

CITIGROUP INC 6.250 NON CUM SER II PFD WI

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Deutsche Postbank AG

GS Hldg R

Short Interest in J. Sainsbury PLC (OTCMKTS:JSAIY) Declines By 15.9%

J Sainsbury plc (SBRY) has been downgraded to a Hold rating by Citi analyst Elizabeth Moore, with a price target of p335.00. This follows a similar Hold rating from Jefferies’s Frederick Wild. In contrast, Deutsche Bank maintained a Buy rating on the stock. Moore is ranked #7579 out of 12158 analysts according to TipRanks.

Jefferies Financial

J Sainsbury plc (SBRY) was downgraded to a Hold Rating at Citi