Sainsbury's will report half-year results 2nd November. The release will be poured over for signs of pressure in the pricing war of attrition with discounters as the cost-of-living crisis rumbles on.
Sainsbury’s share price is up 13% year-to-date but is a fair distance below 52-week highs around 289p. Trading at 11x historical earnings, shares of the supermarket may react badly if earnings miss analyst expectations.
Here’s what to look out for.
Shareholders will be closely watching a number of key metrics for signs the group is fending off the challenge from the discounters.
One of th...
