By Robert Sutherland Smith | Tuesday 14 May 2013
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Another year, another buck! Sainsbury’s year to the 16th of March was helpful and modest. Sales revenue grew by 4.6% to the £25,632 million of turnover which makes it the UK’s third largest retailer.
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