Sainsbury's Argos sale is only slightly accretive but removes longstanding point of uncertainty - analyst Proactive uses images sourced from ShutterstockJ Sainsbury Plc's (LSE:SBRY) sale of Argos should prove slightly earnings-accretive while removing a longstanding source of uncertainty for investors, that's according to Shore Capital. Fuller financial details are expected alongside Sainsbury's first-half FY27 results, with completion scheduled for February 2027. "Post-Argos, completion is set for February 2027, Sainsbury should benefit from enhanced focus with improved margin, returns, and cash flows," ShoreCap said. The broker added that removing the uncertainty and distraction surrounding Argos could support Sainsbury's equity rating. Argos has been a variable and, at group level, sub-optimal financial performer in recent years, drawing frequent scrutiny from investors.