Supermarkets
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%
![](https://b855165.smushcdn.com/855165/wp-content/uploads/2020/02/sainsburys2-e1583923183789.jpg?lossy=1&strip=1&webp=1)
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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