Sainsbury’s shares slip as margin miss overshadows grocery gains
First half sales and profits rose at Sainsbury's (SBRY) as the UK's second biggest supermarket continued to secure market share gains in groceries, making up for a soft first quarter at Argos and in general merchandise.
CEO Simon Roberts insisted Sainsbury's core food business is 'making the biggest market share gains in the industry', with more and more customers 'coming to us for their big fo...