Sainsbury's Upbeat on Christmas Prospects as It Raises Profit Outlook

Sainsbury’s, Britain’s second-largest supermarket group, raised its full-year profit outlook after a stronger-than-expected first half, saying it was entering the key Christmas trading period with momentum.

Shares in the group were up 2% on Thursday, extending 2025 gains to 26%, after CEO Simon Roberts also said Sainsbury's offer had "never been stronger".

"So while we expect the market to remain highly competitive, our momentum gives us real confidence as we head into Christmas...

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