Thomson ReutersJanuary 9, 2013 03:30
LONDON, Jan 9 (Reuters) - J Sainsbury, Britain's No. 3 supermarket, met forecasts for underlying sales in the Christmas quarter, though growth did slow from its first half in a highly promotional festive market.
The group, which trails market leader Tesco and No. 2 player Wal-Mart's Asda by annual revenue, said on Wednesday sales at stores open over a year rose 0.9 percent, excluding fuel, in the 14 weeks to Jan. 5, its fiscal third-quarter.