Britain's Tesco lifts profit outlook after strong first half
LONDON, Oct 3 (Reuters) - Tesco (TSCO.L), Britain's biggest supermarket group, lifted its annual profit forecast on Thursday after market share gains drove a 10% rise in the first half, giving it ...
Press releases - Tesco PLC
News 19 Sep 2024. New research into UK unemployment identifies a ‘lost workforce’ of over 6 million, as Tesco rolls out free Careers Clinics to support more people into work
Over 20,000 Tesco staff to split £30m from share schemes - BBC
Jul 3, 2024 · More than 20,000 Tesco workers are set to split £30m generated from the supermarket's share schemes. The company said an employee who invested the average £68 a month over the past five years ...
Tesco sees sales growth after focus on value and rise in ... - Sky News
Oct 3, 2024 · Tesco has said a focus on value amid the continuing squeeze on shoppers' budgets has paid off through a rise in half-year profits. The UK's biggest retailer raised its annual guidance on the back of market share gains versus major rivals over the six months to 24 August.
Tesco shrugs off supply concerns as sales surge - BBC News
Oct 6, 2021 · Tesco has seen sales and profits grow faster than expected as Britain's biggest supermarket group shrugged off the pandemic impact. In the six months to August, Tesco said it "outperformed" the...
Tesco forecasts rising profits as inflation ‘lessens substantially’
Apr 10, 2024 · Tesco, the UK’s largest supermarket chain, has forecast rising profits this year and announced a £1bn share buyback, as it lures more shoppers to its stores and consumer sentiment improves.
Tesco says price pressures easing as profits soar - BBC News
Apr 10, 2024 · Tesco has said price pressures on grocers have eased as it reported bumper sales and profits for the past year. The UK's biggest supermarket chain said pre-tax profits hit £2.3bn, up from £882m...
Tesco toasts sales growth as it sees surge in premium shoppers
Oct 3, 2024 · Tesco chief executive Ken Murphy Looking ahead, it said that, with volume growth ahead of its expectations, it now expects to deliver an operating profit of £2.9 billion for 2024.
Tesco defies supply chain challenges to lift profit outlook
LONDON, Oct 6 (Reuters) - Tesco (TSCO.L), Britain's biggest retailer, raised its full-year earnings forecast on Wednesday after the unmatched scale of its store and online operations helped it...
Tesco profits surge as online orders double - BBC News
Oct 7, 2020 · Supermarket giant Tesco has seen first-half profits rise by more than a quarter as customers bought more food during the pandemic and online orders doubled. Pre-tax profit for the 26 weeks to 29...