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J Sainsbury plc (JSAIY) Q1 2027 Sales/Trading Call Transcript

June 30, 2026
in Market & News
Reading Time: 1 min read
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J Sainsbury plc (JSAIY) Q1 2027 Sales/Trading Call Transcript
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Operator

Hello, and welcome to the Sainsbury’s 2026-’27 Trading Statement Analyst Q&A Call. On the call this morning is Simon Roberts, Chief Executive; and Blathnaid Bergin, Chief Financial Officer.

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I will now hand over to Simon Roberts for the presentation.

Simon Roberts
CEO, Director & Chairman of Operating Board

Well, thank you, and a very good morning, everyone. Thank you for joining us this morning, and welcome to our first quarter trading statement covering the 16 weeks to the 20th of June. I’m going to cover our trading performance upfront, and then, Blathnaid and I will be happy, of course, to take your questions.

But before we get into the results update, I just want to call out actually the immense job done by all of our colleagues, farmers, suppliers, refrigeration contractors, our entire team in last week’s exceptional weather conditions, which came fully in the first week of our second quarter. We had a strong sales week last week in both Sainsbury’s and Argos, but not without some operational challenges given the unprecedented temperatures across so much of the U.K. And it really was a phenomenal team effort with all of

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