Tesco has lifted its profit targets for the year on the back of a “strong” half-year of sales and announced plans to hand about £500 million back to shareholders. The supermarket giant hailed a robust ...

Tesco upgraded its guidance on retail earnings after significant cost reductions resulted in a strong performance in the first half, supported by easing inflation, improved volumes and sales trends.

Tesco has raised its annual earnings expectations as it said good weather and efforts to keep its prices low in a competitive market had boosted trading. The UK’s biggest supermarket reported an ...

Tesco Plc raised its profit forecast for this fiscal year as the supermarket won over more shoppers than anticipated with its competitive pricing and range of store brand products. Britain’s largest ...