Sales Performance
Q1 year-on-year: 16 weeks to 20 June 2026
30 June 2026
Q1 Trading Statement 2026/27
Consistently great value drives continued volume growth and market share gains
"Customers are looking for value now more than ever. We are consistently delivering outstanding quality at great value, so more people are choosing Sainsbury's for their big weekly shop. This has driven an encouraging start to the year with continued volume growth and market outperformance."
Simon RobertsChief Executive
3.1%
Sainsbury’s
(0.5)%
Argos
3.6%
Grocery
2.7%
Total Retail (exc. fuel)
(3.7)%
Sainsbury's General Merchandise & Clothing
2.1%
Retail LFL (exc. fuel)
2026/27 Outlook
View GuidanceWe will continue to make deliberate, balanced choices to sustain our strong competitive position and expect to continue to outperform the grocery market. We have had an encouraging start to the year but the impact of the conflict in the Middle East on our customers and our business remains uncertain and we continue to expect to deliver Total underlying operating profit of between £975 million and £1,075 million and Retail free cash flow of more than £500 million.
Strategic Highlights
We have sustained our strong competitive position and outperformed the grocery market through consistently delivering great value and availability while amplifying our core brand strengths in fresh healthy food, innovation, quality and service.
Strengthening
our value perception
Extending
our lead on quality perception
5%
Fresh food sales growth
<380
new products launched, c.50% Taste the Difference
c.1 million
more Digital Nectar customers
2.2%
Argos volume growth
Championing good food for everyone
We are going further to make healthy eating more accessible and affordable with a strengthened health commitment. Our strategy is centred around three clear priorities:
- Helping customers shift to healthier options - without compromising on taste, value or convenience
- Making it easy, affordable and more joyful for customers to increase their fibre intake every day
- Getting more fruit and vegetables into mealtimes across the UK - inspiring everyone to find joy in delicious fresh food
Results materials
Report
Presentation
Webcast
Transcript
Get in touch
If you have any questions about our Q1 Trading Statement or would like to arrange a meeting with us to find out more about our investment case, please email the Investor Relations team.
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