Sainsbury's warns of £500m COVID-19 cost impact as it releases FY 2019 results

Date : 30 April 2020

Nick Gladding

Senior Retail Analyst

Sainsbury's has announced that profits could be hit by £500m in the year ahead as it takes on costs from the COVID-19 crisis. However the group's ability to weather the storm is strengthened by encouraging full year results for 2019, including seen steady improvements in grocery sales since last…
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