 J Sainsbury PLC LSE:SBRY raised its profit forecast for the current financial year after stronger-than-expected grocery volumes over the Christmas period, as shoppers concerned about the Omicron variant of coronavirus stayed at home and bought more food and drink for home consumption. Grocery sales rose by 0.1 year-on-year in the six-week Christmas period to 8 January 2022 and were 6.8 higher than two years ago, before the COVID-19 pandemic, the supermarket chain said in a trading statement. 