J Sainsbury Plc · LSE:SBRY
J Sainsbury — Q1 2026/27 Earnings Presentation
13 slides from J Sainsbury's earnings presentation, June 2026
Slide 1: Q1 Trading Statement 2026/27
Discuss imagery Q1 Trading Statement 2026/27
Slide 2: Balanced choices delivering continued market share gains
Balanced choices delivering continued market share gains Committed to Relentless focus Leading on Scaling our Investing in Structural cost sustaining our on value, quality, innovation personalisation technology and reduction and strong availability and capabilities and automation productivity compet
Slide 3: Retail sales growth by category
Retail sales growth by category Sainsbury’s sales growth1 Argos sales growth2 Total Retail sales growth2 17.5% 4.3% 3.6% 3.1% 2.7% (0.5)% Grocery Total Excl. Fuel Fuel Inc. Fuel Argos sales sales Sainsbury’s growth growth (3.7)% GM&C 1. Excl. Fuel, excl. VAT 2. Excl. VAT J Sainsbury plc June 2026 Q1
Slide 4: Continuing to outperform the market
Continuing to outperform the market 3% Sainsbury’s EPOS 1 Total market EPOS 2 2% 1% 0% Q1 25/26 Q2 25/26 Q3 25/26 Q4 25/26 Q1 26/27 -1% 1. NielsenIQ EPOS, Total Fresh & Grocery excluding Kiosk & Tobacco and GM, Sainsbury’s units YoY growth by quarter 2. NielsenIQ EPOS, Total Fresh & Grocery excludin
Slide 5: Delivering for customers at key occasions
Delivering for customers at key occasions Outperformed the market across key events 1 3% 2% 1% 0% Mothers Eid al Fitr Easter Q1 Total Day 1. NielsenIQ EPOS, Total FMCG excl. Kiosk & Tobacco and GM, weekly Sainsbury’s units growth YoY differential to the total market incl. Sai nsbury’s (events trade
Slide 6: Strengthening our competitive position
Strengthening our competitive position Value Index vs all competitors June 2026 vs February 2026 1 -90bps -20bps Biggest Aldi -50bps Price Match +30bps -60bps in the market for over a year c.1 million More customers regularly using digital Nectar 2 +2ppts improvement in Value for Money perception Yo
Slide 7: Outstanding quality and innovation
Outstanding quality and innovation Taste the Difference: Launched >380 new products continued strong growth on growth c.50% Taste the Difference TTD sales growth by year Q1 26/27 +18% +6 % YoY YoY +14% YoY +9 % YoY Extended Discovery Range Long -term partnerships Q1 Q1 Q1 Q1 Q1 22/23 23/24 24/25 25/
Slide 8: Improving quality perception
Improving quality perception Narrowing the gap vs premium competitors 1 Premium Sainsbury’s Q1 Q1 24/25 26/27 1. CSAT Supermarket Competitor Benchmarking data – Quality, Q1 2024/25 vs Q1 2026/27. Premium competitors – M&S and Waitrose combined average score J Sainsbury plc June 2026 Q1 Trading State
Slide 9: Improving quality perception
Improving quality perception Extending our lead vs the rest of the market 1 Sainsbury’s Rest of market Q1 Q1 24/25 26/27 1. CSAT Supermarket Competitor Benchmarking data – Quality, Q1 2024/25 vs Q1 2026/27. Rest of the market – Tesco, Asda, Morrisons,Aldi and Lidl combined average score J Sainsbury
Slide 10: Relentlessly focused on improving customer proposition
Relentlessly focused on improving customer proposition Groceries Online Supermarket customer satisfaction 1 customer satisfaction 2 Sainsbury’s +3ppts Tesco Morrisons Asda Q1 Q1 25/26 26/27 Q4 25/26 Q1 26/27 1. CSAT Supermarket Competitor Benchmarking data – Overall Supermarket Satisfaction 2. CSAT
Slide 11: Strong customer satisfaction improvement
Strong customer satisfaction improvement In-store and online experience 1 Highest ever availability scores 2 Supermarkets Supermarket Groceries Online product availability order fulfilment +4 ppts +3ppts +3ppts +6 ppts Ease of finding Ease of moving Variety of products around store products Grocerie
Slide 12: Encouraging volume growth, pressure on average selling price
More Argos, Encouraging volume growth, more often pressure on average selling price Delivering transformation Volume growth offset by lower average selling price Improving Enhancing 8% Volume ASP Sales Growth Strengthening digital added value choice 6% journey services 4% 2% 0% -2% -4% Q1 Q2 Q3 Q4 Q
Slide 13: Delivering for our customers this summer
Delivering for our customers this summer Delivering great value, Amplifying our strengths Strong availability and quality, availability in fresh food and reliable value when and service innovation customers need Argos most J Sainsbury plc June 2026 Q1 Trading Statement 2026/27 13