30 June 2026 | 7:19AM BST Equity Research J Sainsbury (SBRY.L): First Take: 1Q LFL +2.1% (cons +1.9%); FY27 retail EBIT and FCF guidance reiterated News: Sainsbury's released a trading update for 1Q27 with LFL sales (ex fuel) +2.1% yoy (company-compiled consensus +1.9%). Retail sales (ex fuel) increased +2.7% yoy (consensus +2.4%), split Grocery +3.6% (consensus +3.4%), General Merchandise & Clothing -3.7% (consensus -1.0%), and Argos -0.5% (consensus -2.6%). Fuel sales increased +17.5% yoy and total retail ...