Sainsbury Reports 4.8% Rise In Q1 Comparable Sales

J. Sainsbury PLC (OTC: JSAIY) reported a 7.3% surge in total sales for the first quarter on Wednesday.

Sainsbury's total sales rose 4.3% excluding fuel for the first quarter ended June 11. On a comparable basis, Sainsbury's sales increased 4.8% and 1.9% excluding fuel.

Sainsbury shares closed at $21.33 yesterday.

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