After a “strong Christmas” period, Tesco now anticipates its full-year adjusted operating profit will reach the upper end of its £2.9bn to £3.1bn forecast range. In its Q3 update, the FTSE 100 giant ...
The Tesco share price pulled back and moved into a correction, falling by 11% from its highest level in November last year.
Christmas sales at Tesco and M&S were received differently on the stock market on Thursday - and not as you might have expected, given the news they delivered ...
FTSE 100 Live 08 January: Primark owner slides on guidance cut, M&S and BAE Systems rally - ...
Forbes contributors publish independent expert analyses and insights. John Choong is an analyst who covers UK retail and US big tech stocks. The Tesco share price (LON:TSCO) has hit a decade high, and ...
Analysts at Bank of America Merrill Lynch have downgraded Tesco today to “underperform” on the back of rival Morrisons’ announcement last week to invest £1bn in slashing prices, causing the grocer’s ...
TESCO has achieved its highest market share for more than a decade after festive sales rose despite “intense” competition. The group increased its share of the UK grocery market to 28.7 per cent ...
U.K. grocer Tesco maintained its full-year expectations after sales climbed in its fiscal first quarter, when it continued to gain market share despite fierce competition in the sector. The ...
Tesco is the largest grocery retailer in the United Kingdom in terms of sales, with operations in Central Europe as well. The firm has completed a successful turnaround, involving reorganizing the ...
LONDON, Jan 8 (Reuters) - Tesco (TSCO.L), opens new tab, Britain's biggest food retailer, on Thursday forecast full-year profit at the upper end of its guidance as it reported a 3.2% rise in ...