Sainsbury's reports 4% drop in first-quarter like-for-like sales
- Country:
- United Kingdom
British supermarket group Sainsbury's reported a 4% fall in underlying sales in its first quarter, driven by weakness in general merchandise as cash-strapped consumers held back on discretionary spending.
The company said on Tuesday its outlook for the full year was unchanged.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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