Britain's Tesco raises annual profit outlook
Tesco boss says 'we're in good shape' as half-year profits rise 16% to £1.6bn
The UK’s largest supermarket said it is forecasting its full-year profit to be slightly higher than previous guidance thanks to a stronger-than-expected recent performance
Britain's Tesco raises annual profit outlook after first-half rise
Tesco , Britain's biggest supermarket group, on Thursday raised its profit guidance for the year as it reported a 10% increase in first-half core profit that reflected market share gains.
Tesco raises profit forecasts after strong first half
Tesco expects profits for the year to be higher than previously forecast after the UK’s largest supermarket reported a rise in half-year sales and profits.
Tesco accelerates price cuts amid easing inflation and rising profits
Tesco is reducing prices as inflation eases, reinforcing its position as the UK's largest supermarket. With profits rising and market share growing, Tesco expects a strong performance through the festive season.
Tesco raises annual profit outlook after strong first-half
Tesco raised its annual profit forecast on Thursday as the supermarket group won market share in its first half, giving it momentum in advance of the key festive trading period.
Easing inflation lifts profit at UK supermarket Tesco
Supermarket group Tesco, Britain's biggest retailer, said Thursday that net profit gained in its first half as cost pressures eased for consumers and companies. The company noted that "sales inflation returned to more normalised levels as cost inflation headwinds eased".
Tesco reports increase increase in sales and profits
Tesco said shoppers have been buying more items this year and picking up its premium range, as it reported an increase in sales and profits. The UK’s largest supermarket said sales grew by 4 per cent to £31.
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