Sainsbury's raises profit guidance for Sainsbury's stock

Published on 10/29/2026 at 13:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sainsbury's stock stood at EUR 4.13 on October 29, 2026. Profit rose 3.6 percent to GBP 525 million and guidance is GBP 1.025 billion to GBP 1.065 billion.

Profit, dividends and key dates

Sainsbury's agreed the Argos sale to Swift Partners on July 31, 2026, with completion expected in February 2027.
The interim dividend is GBP 0.041 per share and is scheduled for payment on December 18, 2026.
Sainsbury's next third-quarter trading statement is scheduled for January 8, 2027.

Sainsbury's, GB00B019KW72, Illustration mit AI erstellt.

Sainsbury's stock is tied to a higher profit outlook after the retailer reported underlying operating profit of GBP 525 million for the 28 weeks ended September 12, 2026. According to the Investor Meet Company report dated October 22, 2026, Sainsbury's lifted the lower end of its continuing-operations operating-profit guidance to GBP 1.025 billion while retaining the upper end at GBP 1.065 billion.

Half-year results reset expectations

Underlying operating profit increased 3.6 percent from GBP 507 million in the comparable period. Continuing sales excluding fuel reached GBP 13.959 billion, up 2.6 percent, while grocery sales rose 2.9 percent to GBP 13.182 billion, according to the same Investor Meet Company release.

Three dates frame the change

On July 31, 2026, Sainsbury's announced the Argos sale to Swift Partners, with completion expected in February 2027. On October 22, 2026, first-half underlying operating profit reached GBP 525 million. On October 22, 2026, the company also proposed an interim dividend of GBP 0.041 per share, according to the Investor Meet Company report.

What does the dividend schedule show?

The interim dividend is due to be paid on December 18, 2026, to shareholders on the register at the close of business on November 13, 2026. The company said the remaining GBP 100 million of its planned share buyback would be completed during the second half of fiscal 2026/27.

Competition keeps the margin tight

Sainsbury's underlying operating margin declined to 3.23 percent from 3.25 percent in the comparable half-year period. General merchandise and clothing sales fell 3.4 percent to GBP 777 million, showing why the grocery business and cost savings remain central to the revised outlook.

Stock price after the Xetra close

The stock was trading intraday at EUR 4.13 at Lang & Schwarz on October 29, 2026 at 1:06 p.m. CET. The further course of trading is shown by the continuously updated real-time quote of Sainsbury's stock.