Sainsbury's (SBRY LN) CEO says profit for 2025/26 'will be close to last year'

Sainsbury's CEO indicating that profits for 2025/26 will align closely with the previous year suggests stability in their financial outlook, which may defy broader market expectations for growth in the retail sector.

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  • Adds that he expects food inflation to continue to fall in 2026.
Context

The expectation of falling food inflation in 2026 could also positively influence margins, though traders should monitor how this aligns with the company's overall strategy and consumer spending trends as it could affect market sentiment in the grocery sector.

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