Sainsbury’s set to hit upper half of guidance despite PBT drop

However, the company’s clothing sales were down 8.4% and its fuel sales dropped 19.6%

Sainsbury’s has announced that it expects to hit the upper half of its full year guidance of between £670m and £700m despite seeing its statutory profit before tax drop 27% to £275m for the 28 weeks ended 16 September 2023.

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