Supermarkets
Sainsbury’s predicts profits to hit £1bn
Sainsbury’s stated that its strategy of matching Aldi’s prices via its Nectar card scheme was driving its strong results
![](https://b855165.smushcdn.com/855165/wp-content/uploads/2024/03/Sainsburys920x566-e1709287209910-895x540.jpg?lossy=1&strip=1&webp=1)
Sainsbury’s has posted a pre-tax profit of £701m, an increase of 1.6% for the year ended 2 March 2024.
You'll need to
subscribe to unlock this content. Already subscribed? Login?