Sainsbury (J) PLC (STU:SUY1)
€ 3.214 0 (0%) Market Cap: 7.49 Bil Enterprise Value: 13.25 Bil PE Ratio: 112.58 PB Ratio: 0.95 GF Score: 72/100
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Q1 2023 J Sainsbury PLC Trading Statement Call Transcript

Jul 05, 2022 / 08:15AM GMT
Release Date Price: €2.35 (-1.26%)
Operator

Hello and welcome to Sainsbury's Q1 Trading Statement 2022 to '23 Analyst Q&A Call. On the call this morning is Simon Roberts, Chief Executive Officer; and Kevin O'Byrne, Chief Financial Officer. I will now hand you over to CEO Simon Roberts for the presentation.

Simon John Roberts
J Sainsbury plc - CEO, Director & Chairman of Operating Board

Well, thank you. Good morning, everyone, and thank you for joining Kevin and I this morning to talk about our quarter 1 trading statement covering the 16 weeks to the 25th of June. I'm going to give you a brief summary of our performance first with a few slides, and then, of course, we'll be happy to take all your questions.

So clearly, the environment out there is tough, tough for customers, tough for suppliers. And as a result, we are taking necessary but tough decisions on costs, on prices and clearly on our priorities, too. And the key point I want to make here is that we are very focused on delivering against our strategy for the long term and on further building momentum in each of these areas which

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