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Sainsbury's enjoys record Christmas
Like-for-like sales for third quarter up 3.8 per cent (3.7 per cent excluding fuel)
Like-for-like sales, including fuel, rose by 3.8 per cent in the 13 weeks to 2 January, while like-for-like sales excluding fuel and VAT were up by 4.2 per cent. Total sales rose 6.2 per cent or 6.3 per cent excluding fuel. The Non-Food range grew at over four times the rate of food in the quarter.
Justin King, chief executive, said, "Our strategy of delivering great food at fair prices has resulted in a record Christmas performance, completing a strong third quarter on top of good growth last year.While food price inflation eased in the quarter as expected, a winning combination of more customers, enjoying even better products and prices through more stores delivered total sales growth of 6.2 per cent."
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