Tesco Backs Profit Target

Tesco Backs Profit Target After Christmas Sales Growth
The supermarket chain reiterated its profit target for its fiscal year after reporting sales growth of 3.1% during the Christmas period.
Britain's Sainsbury's set for profit growth after Christmas sales rise
Sainsbury's , Britain's second biggest supermarket group, on Friday reported a 2.8% rise in underlying sales for the key Christmas quarter, with robust grocery sales offset by a weaker performance in general merchandise.
Tesco hails ‘biggest ever’ Christmas as sales rise
Tesco boss Ken Murphy said the supermarket has celebrated its “biggest ever Christmas” as it reported its highest market share since 2016 driven by further improvement in customer satisfaction.
UK Supermarket Tesco Posts Record Christmas Amid Retail Fears
Britain's biggest retailer Tesco on Thursday reported record sales for the key Christmas season but shares in the supermarket and wider retail sector slid on concerns for the UK economy.
Tesco's bumper Christmas puts it ahead of UK rivals
Tesco, Britain's biggest supermarket group, kept its full-year profit outlook on Thursday as it reported a 4.1% rise in underlying UK sales for the key Christmas trading period, winning market share from rivals.
Tesco Achieves Record Christmas Sales and Market Share Growth
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Sales rise in third quarter and over Christmas for UK's Tesco
Sales were up in its third quarter and over the Christmas season for British supermarket chain Tesco compared to the same period of the previous year. Tesco reported on Thursday that its third quarter retail like-for-like sales excluding value-added tax (VAT) and fuel increased by 2.
Britain's Tesco keeps annual profit outlook after Christmas sales rise
Tesco, Britain's biggest supermarket group, kept its full-year profit outlook on Thursday as it reported a 4.1% rise in underlying UK sales for the key Christmas trading period, in line with analysts' expectations,
Sainsbury's announces inflation-busting pay rise for 118,000 staff after record Christmas sales
The UK's second-largest grocery chain, trailing only Tesco, reported robust sales over the festive period, with party food ...
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Tesco credits ‘biggest ever Christmas’ to increased value focus
The supermarket achieved its highest market share since 2016, now at 28.5%, after increasing its focus on value over the ...
Tesco issues price rise warning as popular shopping items set to go up
The British Retail Consortium (BRC) said there there is "little hope" of food prices "going anywhere but up" in the second ...
Tesco marks ‘biggest ever Christmas’ as shoppers switch to supermarket from rivals
The supermarket giant saw UK and Ireland like-for-like sales, excluding fuel and VAT, rise 3.7% in the six weeks to January 4 ...
Sainsbury’s staff set for 5% pay hike after ‘biggest ever’ Christmas
Sainsbury’s told shareholders it is on track to increase its profits for the year, in line with previous targets.
City snapshot: Tesco and M&S celebrate a record Christmas as shoppers splash out
Tesco and Marks & Spencer have revealed strong Christmas numbers this morning as consumers splashed out on premium ranges for ...
Tesco and M&S sound alarm over rising costs: Retail giants face hit from Budget after bumper Christmas trading
M&S, led by boss Stuart Machin (pictured with Sienna Miller) reported £4.06bn in sales for the three months to 28 December.
Gran visits Tesco for first time – and her reaction leaves people in stitches
TikTok user Inca captured the moment her grandmother returned home following her first ever shopping experience in Tesco - ...