Sainsbury's poised to reveal strong figures

Written by Harpers Editorial team
Monday, 12 May 2008
Sainsbury's is set for its thirteenth successive quarter of like-for-like growth, according to reports from the Sunday Telegraph. The retailer will report its full-year results this Wednesday, and chief executive Justin King will be revealing a 25% rise in pre-tax profits, says the Telegraph. King will be well rewarded for his success at Sainsbury's, and will be collecting a bonus worth 6.5m. The imminent figures will mean Sainsbury's has already thrashed the targets laid out in King's Making Sainsbury's Great Again strategy launched in October 2004, which included boosting sales by 2.5bn over three years. Related Articles 15 Apr 2008 - Sainsbury's launches Ministry of Sound vodka Share This Email This Comments (0) Show/Hide comments Write comment Show/Hide comment form Name Email Comment smaller \| bigger Subscribe via email (Registered users only) I have read and agree to the Terms of Usage. Write the displayed characters Similar news items: 01 Jun 2009 - Pub group's estate value nosedives 12 Mar 2009 - Morrison races ahead 12 Mar 2009 - Morrison races ahead 17 Nov 2008 - Grand Marnier launches supermarket sampling c… 12 Nov 2008 - Sir Cliff switches distributor for Portuguese… 07 Nov 2008 - S&N invites half a million shoppers to share … 08 Oct 2008 - Famous Grouse gets festive makeover in the of… 25 Sep 2008 - ZGM appoints award winning winemaker 26 Aug 2008 - ALMR slams Sainsbury's over loss-leading lage… 18 Aug 2008 - McGuigan secures supermarket listings for new…