Sainsbury's (SBRY LN) CEO says since the US-Iran war started, not seeing issues with availability or meaningful changes in customer behaviour

Sainsbury's CEO's comments suggest that despite the tension from the US-Iran conflict, the company has not experienced supply chain disruptions or significant shifts in consumer behavior.

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[RE-RUN] Sources familiar with Trump admin's moves say "the next stages have already been set"; "After the ceasefire ends, an overwhelming military strike is expected to go ahead, with even greater force than the one the US has inflicted on Iran so far"

European Movers: STMicroelectronics (STMPA FP) +9.3%, Nestle (NESN SW) +5.0%, WH Smith (SMWH LN) -14.5%, J Sainsbury (SBRY LN) -6.7%, Legal & General Group (LGEN LN) -6.5%, Fresnillo (FRES LN) -5.5%, Essilorluxottica (EL FP) -3.9%

Sainsbury's (SBRY LN) CEO says since the US-Iran war started, not seeing issues with availability or meaningful changes in customer behaviour

Slovakia says that as of 2AM CET, Druzhba flows have resumed, oil deliveries are currently proceeding in line with the agreed plan

French Business Climate Indicator (Apr) 94 (Prev. 97, Low. 96, High. 98)

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  • Co. had a strong easter. 
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This resilience, coupled with a strong performance during Easter, may indicate robust operational health and consumer demand, which could be positive for the stock's outlook in the food retail sector.

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