Sainsbury Q2 Comparable Sales Rise 1.9%

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J. Sainsbury PLC JSAIY reported a 1.9% rise in its comparable sales in the second quarter. Its total sales, excluding fuel, surged 4.4% in the quarter, while total sales, including fuel, for the 16 weeks to September 29 rose 4.3%. Sainsbury's total sales, including fuel, for the first half surged 4.0%, while like-for-like sales rose 1.7 %. Sainsbury's shares closed at $22.09 yesterday.
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