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.
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.
Tesco Achieves Record Christmas Sales and Market Share Growth
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Britain's Sainsbury's set for profit growth after Christmas sales rise
Sainsbury's, Britain's second biggest supermarket group, is on track to deliver full-year profit growth of around 7%, it said on Friday, after robust food sales over the Christmas quarter offset weakness in general merchandise.
Sainsbury’s Christmas Sales Grew on Higher Volumes, Expects Profit in Line With Market Views
The British grocer reported sales volume growth for the key Christmas period and expects to deliver retail operating profit for its fiscal year in line with market consensus.
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,
Britain's Sainsbury's sales rise 2.8% in Christmas quarter
Sainsbury's, Britain's second biggest supermarket group, on Friday reported a 2.8% rise in underlying sales for the key Christmas quarter, with solid grocery sales offset by a weaker performance in general merchandise.
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 ...
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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: Strong Execution Is Reflected In The Share Price
Tesco shares are outperforming the UK retail sector as the company gains market share and executes well despite competition. Read more on TSCDY stock here.
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 ...
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 ...
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 delivers ‘biggest ever’ Christmas as shoppers splurge on Finest range
Tesco has delivered its "biggest ever" Christmas as Britain's biggest retailer lowered festive prices and won shoppers from ...
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 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.
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 ...